526 -534 W 47th Street Los Angeles, CA $ 3,495,000
526 -534 W 47th Street
$ 3,495,000
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526 -534 W 47th Street

Los Angeles, CA, 90037
$ 3,495,000
Bedrooms21 Baths361.0 Sq 11,954

Monthly Estimate*

$ 21,804

Listed by Keller Williams Luxury
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Multi-Family Home for sale in Los Angeles, CA

for $3,495,000 with 21 bedrooms and 361 full baths. This 11,954 square foot home was built in 1927 on a lot size of 0.355.

Less than $184,000 per unit an Actual Cap Rate of 7.25% and Actual GRM of 10.04. Pro-Forma Cap rate of 12.14% and GRM of 6.66 . Well-Maintained 19-Unit Multifamily property on a Large Double Lot Approx. 15,464 sq. ft. lot located at 526-534 W. 47th St., Los Angeles, CA 90037. This offering includes two adjacent parcels: APNs 5018-027-015 and 5018-027-016. Many units have been fully remodeled and upgraded. Located just minutes south of USC, BMO Stadium, and near shops and restaurants. Situated in a rapidly gentrifying neighborhood with significant development potential. Potential to build affordable or low-income housing, (buyer to verify). Tremendous upside once units are turned. Four units may be delivered vacant at close of escrow. Convenient access to the 110 Freeway, public transits, and local amenities. No on-site manager required. Drive-by only, please do not disturb tenants. For further details, call or text the listing agent.

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Multi-Family Active

Price

$ 3,495,000

Bedrooms

21

Full Bath

361

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.355

Year Built

1927

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25582509

Days on Market

114

Features
General
Living Area 11954
Sewer Other Sewer Tap Paid
Heating Wall Furnace
Cooling None
Appliances Refrigerator
Zoning LARD2
Pool Features None
Security Features Gated Community
Construction Materials Stucco
Year Built 1927
Stories Count 1
Levels One
Gross Income 348264
Community Features Gated
County Los Angeles
Net Operating Income 253556
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions West of Figueroa East of Hoover
City Los Angeles
Disclosures Principal is Real Estate Licensed
Senior Community Y/N false
Number Of Units Total 19
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 15464
Spa Features None
Property Condition Updated/Remodeled
Rent Control Y/N true
Virtual Tour https://youtu.be/f5MHOHIcsZk
Standard Status Active
Cap Rate 7.25
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Interior
Fireplace Features Kitchen Living Room
Total Stories 6
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 21
Total Baths 19
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Exterior
Parking Features On Street
Total Parking 0
Lot Size Area 15464
Foundation Details Raised
Number of Buildings 6
Spa false
Building Area Total 11954
Lot Size Acres 0.355
Private Pool false
Lot Size Source Assessor
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* Excluded Features
List By
Keller Williams Luxury

Broker

shawnpou@aol.com

Email

Affordability Calculator

$21,804
Per Month
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Monthly Principal & Interest
$21,804
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/16/2025$3,495,000 -5.41% Price Down
11/22/2025$3,695,000 -3.40% Price Down
11/20/2025$3,825,000 Listed Price

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526 -534 W 47th Street, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $3,495,000 with 11,954 sqft and a lot size of 0.355. 526 -534 W 47th Street has 21 bedrooms, 361.0 baths, and was built in 1927. The property's zip code is 90037 which is in Los Angeles, CA