Properties

Los Angeles, CA 90037 961 W 47th Street

961 W 47th Street Los Angeles, CA - Image 1961 W 47th Street Los Angeles, CA - Image 2961 W 47th Street Los Angeles, CA - Image 3
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Presented By: Angela Dominguez with Rodeo Realty; 818-633-1077
  • MLS# SR26012599
  • 01/17/2026
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  • Baths • 1
  • SQFT • 2,772
  • Garage • 3

Home Details

Located in the heart of South Los Angeles,ย ย this investment property has a strong upside potential in a neighborhood thatโ€™s actively transitioning and showing signs of revitalization. This four-unit property includes two income-producing units and two vacant units, offering flexibility for owner-occupied or investors ready to capitalize on rental demand. The area is seeing increased investment and development activity, making it an up-and-coming community with growing appeal. Positioned just 1.5 miles from the new Lucas Museum of Narrative Art (Star Wars Museum), 1.2 miles from the Natural History Museum, and just over a mile from the California Science Center and Childrenโ€™s Science Center, this property sits at the intersection of culture, education, and innovation. Itโ€™s also only 1.3 miles from USC, making it an ideal opportunity for parents looking to avoid high dormitory costs by investing in housing for their student. Instead of paying rent, your child can live in one of the units while the others generate rental incomeโ€”turning an expense into a wealth-building strategy. Adding even more value, the detached 3-car garage completely remodeled has excellent potential for conversion into an Accessory Dwelling Unit (ADU), which could provide additional income and boost overall property value. Just 1.4 miles from BMO Stadium, home of LAFC, this property is perfectly positioned to benefit from the continued transformation of South LA. With cultural landmarks, major institutions, and infrastructure upgrades nearby, this is a rare opportunity to invest in a rising neighborhood while enjoying immediate and future gains. Some pictures have been virtually staged to create a vision for buyers. Seller motivated to entertain all offers. PRICE TO SELL.
Presented By: Angela Dominguez with Rodeo Realty; 818-633-1077

Interior Features for 961 W 47th Street

Other Interior Features

Common WallsNo Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Laundry FeaturesWasher Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside
Total Stories2

Other Rooms

Entry Level1

General for 961 W 47th Street

Additional Parcels Y/NNo
Architectural StyleTraditional
Building Area UnitsSquare Feet
CityLos Angeles
Community FeaturesPark, Sidewalks
CountyLos Angeles
Current FinancingConventional
DirectionsS of Vernon Ave/ E of Vermont Ave
Electric Expense
Entry LocationMain
Fuel Expense
Garage Spaces3
Garage Y/NYes
Gross Income
Insurance Expense2500
Land Lease Y/NNo
LevelsOne
Listing TermsConventional, Submit
Lot Size Square Feet6683
Lot Size UnitsSquare Feet
MLS AreaC34 - Los Angeles Southwest
Net Operating Income79764
New ConstructionNo
Number Of Units Total4
Number of Units Leased2
Ok to LeaseMonth To Month
Operating Expense23436
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityLOS ANGELES
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Tax Lot70
Tenant PaysAll Utilities
Total Actual Rent4100
Trash Expense0
Water Sewer Expense7200
Year Built1913
Year Built SourceAssessor
ZoningLARD3

Exterior for 961 W 47th Street

Building Area Total2772
FencingAverage Condition
Foundation DetailsRaised
Lot Features2-5 Units/Acre
Lot Size Acres0.1534
Lot Size Area6683
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Parking FeaturesGarage, Garage Door Opener
Private PoolNo
Total Parking3
Water SourcePublic

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 $1,099,000
MLS#SR26012599
List Date 01/17/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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