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$ 820,000
Est. payment /mo
Active
631 E 47th ST Los Angeles, CA 90011
7 Beds
4 Baths
2,912 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,912 sqft
Price per Sqft $281
MLS Listing ID 25572337
Bedrooms 7
HOA Y/N No
Year Built 1931
Property Description
Ideally located in the heart of Los Angeles, this well-maintained 3-unit multifamily property in desirable R2 zoning offers exceptional long-term value and reliable rental income. Featuring 2,912 sq ft living space on a generous 7,556 sq ft Lot, the property consists of two comfortable 2Bed/1Bath units and one spacious 3Bed/2Bath two-story unit. One unit has been upgraded with laminated flooring and modern finishes. Each unit is equipped with individual gas and electric meters, minimizing owner expenses, and tenants benefit from a large gated parking area with ample space. Situated in R2 zoning, the property also presents potential for future expansion or redevelopment possibilities ( buyer to verify). Its central location offers unmatched convenience-near Downtown LA, USC, Exposition Park, transit, and major freeways- ensuring consistent rental demand and long-term growth. A great opportunity for investors seeking stability. All tenants have been consistently reliable with their rent payments.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR2
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Assigned
Pool None
View Y/N No
View None
Total Parking Spaces 5
Private Pool No
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5108005017
Financing Cash,Conventional
Special Listing Condition Standard
Listed by Christine Oam Action Real Estate
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