961 West 47th Street
961 West 47th Street
$1,400,000
8
4
2,772
2,772
$505
Description
Fantastic Investment Opportunity! This charming and well-maintained fourplex offers four units, each featuring 2 bedrooms and 1 bathroom. Recent upgrades include renovated kitchens and bathrooms in each unit. With close to 2,800 sq. ft. of living space on an over 6,600 sq. ft. lot, this property presents a lucrative investment potential. Zoned LARD3, the property also had previous permits for an ADU that have now expired, allowing for an additional 2 bed/1 bath unit to further increase income potential....Fantastic Investment Opportunity! This charming and well-maintained fourplex offers four units, each featuring 2 bedrooms and 1 bathroom. Recent upgrades include renovated kitchens and bathrooms in each unit. With close to 2,800 sq. ft. of living space on an over 6,600 sq. ft. lot, this property presents a lucrative investment potential. Zoned LARD3, the property also had previous permits for an ADU that have now expired, allowing for an additional 2 bed/1 bath unit to further increase income potential. Garage will be vacant upon closing. Conveniently located near the 110 Freeway, Downtown LA, Staples Center, LA Live, USC, museums, parks, and major restaurants, this property is an excellent investment opportunity. The property will be delivered with tenants in place, ensuring immediate rental income. Tenants are not aware of the sale, so please do not disturb them.
- Listed by Michael Massa • DRE #02082631 • Brokerage DRE #00605703 • Coldwell Banker Realty • 310-779-9007
- Listed by Brian Mallasch • DRE #01748272 • Brokerage DRE #00616212 • Coldwell Banker Realty
Property Details for 961 West 47th Street
View
Neighborhood
Parking Spaces Total3
Private PoolNo
Cooling TypeCentral Forced Air
Total Units4.0
Building TypeDetached
Lot Size SourceAssessor
Living Area2772
Location
LISTING UPDATED: 05/21/2024 07:07 AM
Property Details for 961 West 47th Street
Status | Active |
---|---|
MLS # | SR24086410 |
Days on Market | 22 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1913 |
County | Los Angeles County |
Location
Building Information for 961 West 47th Street
Building/Complex961 W 47th StFloor-Stories2Residences-Pet Policy-Year Built1913Building Size-
Payment Calculator
$8,805 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 961 West 47th Street
Property History for 961 West 47th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 961 West 47th Street
Taxable ValueLand$728,280Additions$395,352Total$1,123,632
Tax Record2023$13,976 ($1,165 / month)
Home Facts
Total Finished SqFt2,772 SqFtAbove Grade Finished SqFt2,772 SqFtLot Size6,683 SqFtStyleQuadraplexYear Built1913ZoningLARD3CountyLOS ANGELESAPN5018-009-022
Schools near 961 West 47th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 2 | |||
Public - | K to 5 | |||
Public - | 6 to 9 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Dr. James Edward Jones Primary Center PublicK to 2 | ||
Marguerite Poindexter Lamotte Elementary PublicK to 5 | ||
Barack Obama Global Preparation Academy Public6 to 9 | ||
Manual Arts Senior High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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