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550 47th Street, Los Angeles, CA 90037
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550 47th Street
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  • MLS#: 25512351 ( )
  • Street Address: 550 47th Street
  • Viewed: 2
  • Price: $3,850,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2020
  • Bldg sqft: 0
  • Days On Market: 125
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90037
  • Provided by: I & J Properties, Inc.
  • Contact: Robert Robert
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Prime Multi Unit Investment Opportunity in South Los Angeles. Rare chance to acquire a 2020 yr built high yield, multi unit completely LEASED property in a desirable South Los Angeles location, just minutes from BMO Stadium, Exposition Park, and with easy access to the 110 Freeway (Vernon Exit). Ideal for investment or owner user, this versatile property is well suited for homeless shelters, interim transition housing, non profit organizations, and government backed master lease programs. Featuring four units with an impressive total of 32 master suite style bedrooms and 32 bathrooms, each suite is equipped with a private bath and mini split HVAC system for maximum comfort. The property also offers common dining areas and laundry facilities in each unit. Zoned R 2 with R 3 occupancy per COO, this unique asset presents significant flexibility and potential. Completely Leased and receives stream of income flow.
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Features
Appliances
  1. Refrigerator
  2. Gas Cooktop
Architectural Style
  1. Modern
Building Area Total
  1. 10602.00
Construction Materials
  1. Concrete
  2. Stucco
Country
  1. US
Fireplace Features
  1. None
Garage Spaces
  1. 2.00
Heating
  1. Forced Air
  2. Electric
Laundry Features
  1. Inside
  2. Individual Room
Levels
  1. Three Or More
Netoperatingincome
  1. 256338.00
Parcel Number
  1. 5018027019
Parking Features
  1. Tandem Garage
  2. Garage - Two Door
  3. Shared Driveway
Pool Features
  1. None
Postalcodeplus4
  1. 3120
Security Features
  1. Gated Community
Sewer
  1. Sewer Paid
Sourcesystemkey
  1. 25512351:CLAW
Spa Features
  1. None
Tenant Pays
  1. Gas
  2. Electricity
  3. Trash Collection
Totalexpenses
  1. 79661.00
Uncovered Spaces
  1. 5.00
View
  1. None
Year Built
  1. 2020
Zoning
  1. LARD2