Keegan Cin | Realtor® | License # DRE 01971604

Property

Los Angeles, CA 90037 961 W 47th Street

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Presented By: Angela Dominguez with Keller Williams North Valley; 818-633-1077
  • MLS# SR25070265
  • 03/31/2025
  • Request Tour
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  • Beds • 8
  • Baths • 4
  • SQFT • 2,772
  • Garage • 3
  • Year Built • 1913

Home Details

Located in the heart of South Los Angeles,  this investment property has a strong upside potential in a neighborhood that’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 Children’s Science Center, this property sits at the intersection of culture, education, and innovation. It’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 income—turning an expense into a wealth-building strategy. Adding even more value, the detached 3-car garage 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 s a rare opportunity to invest in a rising neighborhood while enjoying immediate and future gains. Seller motivated to entertain the best and highest offers. PRICE TO SELL.
Presented By: Angela Dominguez with Keller Williams North Valley; 818-633-1077

Interior Features for 961 W 47th Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesWasherHookup, ElectricDryerHookup, GasDryerHookup
Total Stories2

Other Rooms

Entry Level1

General for 961 W 47th Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesPark, Sidewalks
CountyLos Angeles
Current FinancingConventional
DirectionsS of Vernon Ave/ E of Vermont Ave
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationMain
Fuel Expense0.0
Garage Spaces3.0
Garage Y/NYes
Gross Income0.0
HOANo
Home Warranty Y/NNo
Insurance Expense2500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsSubmit
Lot Size Square Feet6683.0
Lot Size UnitsSquareFeet
MLS AreaC34 - Los Angeles Southwest
MobileHomeRemainsYNNo
Net Operating Income75000.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased2
Ok to LeaseMonthToMonth
Operating Expense23436.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot70
Tenant PaysCableTv, Electricity, Gas, GroundsCare
Total Actual Rent4100.0
Trash Expense0.0
Water Sewer Expense7200.0
Year Built1913
Year Built SourceAssessor
ZoningLARD3

Exterior for 961 W 47th Street

Building Area Total2772.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.1534
Lot Size Area6683.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesGarage, GarageDoorOpener
Private PoolNo
SpaNo
Total Parking3.0
Water SourcePublic
WaterfrontY/NNo

Additional Details

Price History

Keegan Cin

Team Lead
Price $1,228,520
MLS#SR25070265
List Date 03/31/2025
Property Type Multi-Family
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