$1,800,000

605 W 47th Street, Los Angeles, CA 90037

  • 11 beds
  • 4,278 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon8,276sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $421/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

5.97 Cap Rate.....Turnkey Four Units. Fully Renovated. Prime Investment & Owner-User Opportunity, Just reduced for immediate action! An exceptional opportunity to own a fully reimagined four-unit income property minutes from USC, the LA Coliseum, and Expo Park. Perfect for investors, 1031 exchange buyers, or owner-users seeking to occupy one unit and collect income from the rest. Expertly restored by a seasoned contractor, this luxury fourplex blends classic Los Angeles architecture with modern design and functionality. Each unit features upgraded kitchens with stainless-steel appliances, quartz countertops, in-unit laundry, wall A/C units, designer fixtures, and new flooring throughout, delivering both style and efficiency. Currently tenant-occupied and producing strong income, the property offers immediate cash flow with long-term upside potential in one of LA's most dynamic and appreciating rental corridors. The gated grounds and thoughtful layout provide privacy, comfort, and ease of management, making this an ideal turnkey, low-maintenance asset. Centrally located near major employment hubs, universities, transit lines, and future development zones, this property offers unbeatable convenience and growth potential. Whether expanding your portfolio or securing a home with buil

Listing Status:
Active
Date Added:
July 1, 2025 at 05:00AM
Listing Office:
Coldwell Banker Realty : 323-464-9272
Listing Agent:
Walter Castillo : 213-792-0940
MLS ID:
CL25559443
  • Flooring: Laminate
  • A/C: Wall/Window Unit(s)
  • Parking: Int Access From GarageAssignedOtherPrivate
  • County: Los Angeles
  • Zoning: LARD5018029028
  • View: None

This listing courtesy of Walter Castillo, Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Marguerite Poindexter LaMotte Elementary School

4410 Orchard Ave, Los Angeles, CA, 90037

Grades KG-5

0.28 miles away

J

John Muir Middle School

5929 S Vermont Ave, Los Angeles, CA, 90044

Grades 6-8

1.09 miles away

M

Manual Arts High School

4131 S Vermont Ave, Los Angeles, CA, 90037

Grades 9-12

0.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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