Los Angeles, CA 90037,961 W 47th ST
Los Angeles, CA 90037,961 W 47th ST
Los Angeles, CA 90037,961 W 47th ST
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$1,199,000
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6,682 Sqft Lot
Open Sat 1PM-4PM

961 W 47th ST Los Angeles, CA 90037

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Cole & Monica Mitchell

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Sat Jan 31, 1:00pm - 4:00pm

Sat Jan 31, 2:00pm - 4:00pm

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26012599

HOA Y/N No

Rental Info Month To Month

Year Built 1913

Lot Size 6,682 Sqft

Property Sub-Type Quadruplex

Property Description

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 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.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LARD3

Interior

Fireplaces Type None

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside

Exterior

Parking Features Garage, Garage Door Opener

Garage Spaces 3.0

Garage Description 3.0

Fence Average Condition

Pool None

Community Features Park, Sidewalks

Roof Type Shingle

Total Parking Spaces 3

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5018009022

Acceptable Financing Conventional, Submit

Listing Terms Conventional, Submit

Special Listing Condition Standard


CRMLS – RECore
Listed by Angela Dominguez Rodeo Realty 818-633-1077

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Equitas Academy Charter

    Public | KG - 5

  • 8

    Global Education Academy

    Public | KG - 5

  • 8

    Synergy Charter Academy

    Public | KG - 5

  • 8

    Celerity Dyad Charter

    Public | KG - 8

  • 7

    New Heights Charter

    Public | KG - 8

  • 7

    Aspire Juanita Tate Academy

    Public | KG - 6

  • 6

    Kipp Empower Academy

    Public | KG - 4

  • 6

    Menlo Avenue Elementary

    Public | KG - 5

  • 6

    Downtown Value

    Public | KG - 8

  • 6

    Thirty-Second Street Usc Performing Arts

    Public | KG - 12

  • 6

    Center for Advanced Learning

    Public | KG - 5

  • 6

    20th Street Elementary School

    Public | KG - 5

  • 5

    Celerity Nascent Charter

    Public | KG - 8

  • 5

    Kipp Academy of Opportunity

    Public | 5 - 8

  • 5

    74th Street Elementary School

    Public | KG - 5

  • 5

    Bright Elementary School

    Public | KG - 5

  • 5

    Kipp Scholar Academy

    Public | 5 - 8

  • 5

    La Salle Avenue School

    Public | KG - 5

  • 5

    Dr. Theo. T. Alexander Jr., Science Center

    Public | KG - 5

  • 5

    Accelerated

    Public | KG - 8

Middle Schools 20
  • 7

    Alliance Gertz-Ressler Richard Merkin 6-12 Complex

    Public | 6 - 12

  • 6

    Alliance Ouchi-O'Donovan 6-12 Complex

    Public | 6 - 12

  • 6

    New Designs Charter

    Public | 6 - 12

  • 5

    Pico Pico Middle School

    Public | 6 - 8

  • 5

    Synergy Kinetic Academy

    Public | 6 - 8

  • 4

    Foshay Learning Center

    Public | 6 - 12

  • 4

    Alliance College-Ready Middle Academy No. 12

    Public | 6 - 8

  • 4

    John Adams Middle School

    Public | 6 - 8

  • 4

    Thomas Alva Edison Middle School

    Public | 6 - 8

  • 4

    Dr. Julian Nava Learning Academy - School of Business & Tech

    Public | 6 - 8

  • 2

    Bethune Middle School

    Public | 7 - 8

  • 2

    Drew Middle School

    Public | 7 - 8

  • 1

    Audubon Middle School

    Public | 6 - 8

  • 1

    View Park Preparatory Accelerated Charter Middle School

    Public | 6 - 8

  • 1

    Johnnie Cochran Jr. Middle School

    Public | 6 - 8

  • 1

    Century Academy for Excellence

    Public | 6 - 8

  • 1

    Horace Mann Junior High School

    Public | 6 - 8

  • 1

    Barack Obama Global Preparation Academy

    Public | 6 - 8

  • 1

    Global Education Academy Middle School

    Public | 6 - 8

  • 1

    John Muir Middle School

    Public | 6 - 8

High Schools 20
  • 9

    Alliance Dr. Olga Mohan High School

    Public | 9 - 12

  • 8

    Animo Inglewood Charter High School

    Public | 9 - 12

  • 8

    Wallis Annenberg High School

    Public | 9 - 12

  • 8

    Alliance College-Ready Academy High No. 5

    Public | 9 - 12

  • 8

    Orthopaedic Hospital

    Public | 9 - 12

  • 7

    Frederick Douglass Academy High School

    Public | 9 - 12

  • 7

    Animo Jackie Robinson High School

    Public | 9 - 12

  • 7

    Student Empowerment Academy

    Public | 9 - 12

  • 6

    Crenshaw Arts-Technology Charter High School

    Public | 9 - 12

  • 5

    View Park Preparatory Accelerated High School

    Public | 9 - 12

  • 5

    Alliance Renee and Meyer Luskin Academy High School

    Public | 9 - 12

  • 5

    Public Service Community High School - Diego Rivera Learning Complex

    Public | 9 - 12

  • 4

    Synergy Quantum Academy

    Public | 9 - 12

  • 4

    Santee Education Complex

    Public | 9 - 12

  • 4

    Green Design STEAM Academy - Diego Rivera Learning Complex

    Public | 9 - 12

  • 4

    Nava College Preparatory Academy

    Public | 9 - 12

  • 3

    Communication & Technology School - Diego Rivera Learning Complex

    Public | 9 - 12

  • 2

    Augustus F. Hawkins High School - Critical Design and Gaming

    Public | 9 - 12

  • 2

    Dymally High School

    Public | 9 - 12

  • 2

    Performing Arts Community School - Diego Rivera Learning Complex

    Public | 9 - 12

School and business data provided by Attom Data.
Cole & Monica Mitchell
Cole & Monica Mitchell

+1(818) 875-7561 | cole@mitchellteam.net

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961 W 47th ST