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961 47th Street, Los Angeles, CA 90037
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961 47th Street
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  • MLS#: SR24086410 ( Quadruplex )
  • Street Address: 961 47th Street
  • Viewed: 2
  • Price: $1,299,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1913
  • Bldg sqft: 0
  • Days On Market: 477
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90037
  • Provided by: Coldwell Banker Realty
  • Contact: Michael Michael
  • California Regional MLS IDX
  • DMCA Notice
  • 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. 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.
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Features
Building Area Total
  1. 2772.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Country
  1. US
Days On Market
  1. 88
Entry Location
  1. 1/2
Fuel Expense
  1. 0.00
Garage Spaces
  1. 3.00
Insurance Expense
  1. 0.00
Laundry Features
  1. Electric Dryer Hookup
  2. Washer Hookup
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. 2-5 Units/Acre
  2. Front Yard
  3. Lawn
Netoperatingincome
  1. 64534.10
Newtaxesexpense
  1. 17500.00
Parcel Number
  1. 5018009022
Pool Features
  1. None
Postalcodeplus4
  1. 2948
Property Type
  1. Quadruplex
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 413795980:CRM
Totalexpenses
  1. 23965.00
Trash Expense
  1. 0.00
Virtual Tour Url
  1. https://tours.previewfirst.com/ml/142188
Water Sewer Expense
  1. 6466.00
Water Source
  1. Public
Year Built
  1. 1913
Year Built Source
  1. Assessor
Zoning
  1. LARD3