605 West 47th Street
$1,999,999
11
8
4,278
4,278
$468
Description
Discover a lucrative investment opportunity with this four-unit property, featuring market-rate rents and an appealing mix of classic and modern design. Behind the gates, you'll find a beautifully renovated Spanish-style duplex in front and a newly constructed, modern duplex in the rear. All units are in excellent condition, with upgrades that make them highly desirable for tenants. This property offers (2) 2-bedroom, 2-bath units, (1) 4-bedroom, 2-bath unit, and (1) 3-bedroom, 2-bath unit. Each...Discover a lucrative investment opportunity with this four-unit property, featuring market-rate rents and an appealing mix of classic and modern design. Behind the gates, you'll find a beautifully renovated Spanish-style duplex in front and a newly constructed, modern duplex in the rear. All units are in excellent condition, with upgrades that make them highly desirable for tenants. This property offers (2) 2-bedroom, 2-bath units, (1) 4-bedroom, 2-bath unit, and (1) 3-bedroom, 2-bath unit. Each residence boasts an open floor plan with spacious kitchens and islands perfect for comfortable, modern living. Tenants will also benefit from ample parking options, including garages, carports, and open spaces, ensuring convenience and ease. This property is located centrally and provides easy access to public transportation, major freeways, USC University, Banc of California Stadium, Crypto.com Arena, and the vibrant Downtown Los Angeles scene. It's a prime opportunity for investors seeking steady cash flow and appreciation potential in a high-demand area. Take advantage of this exceptional investment. Contact us today to learn more and secure your stake in this highly sought-after property!
- Listed by Walter Castillo • DRE #01141632 • Brokerage DRE #01464847 • Coldwell Banker Realty
Property Details for 605 West 47th Street
Zoning
LARD2
StyleTraditional
Cross StreetsFigueroa Avenue
Parcel Number5018029028
Total Units4.0
Living Area4278
Source Living AreaAppraiser
AreaDowntown L.A. (C42)
LISTING UPDATED: 12/10/2024 10:00 AM
Property Details for 605 West 47th Street
Status | Active |
---|---|
MLS # | 24-462989 |
Days on Market | 38 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1924 |
Lot Size | 0.19 AC / 8,276 SF |
County | Los Angeles County |
Building Information for 605 West 47th Street
Stories2Residences-Year Built1924Building Size-Lot Size0.19 AC / 8,276 SF
Property Information for 605 West 47th Street
Property History for 605 West 47th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 605 West 47th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 2 | |||
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Dr. James Edward Jones Primary Center PublicK to 2 | ||
Marguerite Poindexter Lamotte Elementary PublicK to 5 | ||
John Muir Middle School Public6 to 8 | ||
Manual Arts Senior High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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