Properties

Los Angeles, CA 90011 631 E 47th Street

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Presented By: Christine Oam with Action Real Estate;
  • MLS# 25572337
  • 08/07/2025
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  • Beds • 7
  • Baths • 1
  • SQFT • 2,912

Home Details

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.
Presented By: Christine Oam with Action Real Estate;

Interior Features for 631 E 47th Street

Bedrooms

Total Bedrooms7

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4

Other Interior Features

Air Conditioning Y/NNo
Heating Y/NYes
Total Stories

General for 631 E 47th Street

Buyer FinancingCash, Conventional
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsS. Vernon & E. Avalon
Full Baths
Gross Income65928
HOANo
HeatingWall Furnace
LevelsOne
Living Area2912
Lot Size Square Feet7556
Lot Size UnitsSquare Feet
MLS AreaC42 - Downtown L.A.
Net Operating Income
New ConstructionNo
Number Of Units Total3
Occupancy TypeTenant
Pool FeaturesNone
PostalCityLOS ANGELES
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive Under Contract
StatusActive Under Contract
Stories Count1
Tenant PaysElectricity, Gas
ViewNone
Year Built1931
ZoningLAR2

Exterior for 631 E 47th Street

Building Area Total2912
Lot Size Acres0.1735
Lot Size Area7556
Number of Buildings2
Parking FeaturesAssigned
Private PoolNo
SpaNo
Total Parking5

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $820,000
MLS#25572337
List Date 08/07/2025
Property Type Multi-Family
Phone 888.795.6274
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