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Compass
631 E 47th St, Los Angeles, CA 90011
- $820,000
- 7
- BD
- 4
- BA
- 2,912
- SqFt
- Sold Price
- $820,000
- List Price
- $820,000
- Closing Date
- Apr 01, 2026
- MLS#
- 25572337
- Year Built
- 1931
- Bedrooms
- 7
- Bathrooms
- 4
- Living Sq. Ft
- 2,912
- Lot Size
- 7,556
- Days on Market
- 195
- Property Type
- Multifamily
Property Description
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.
Additional Information
- Association Amenities
- None
- Other Buildings
- None
- Pool Description
- None
- Heat
- Wall
- Cooling
- None
- View
- None
- Number of Cars in Garage
- Assigned
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Courtesy of Action Real Estate, Christine Oam - CA DRE#01857417 Selling Office: .
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