Los Angeles, CA 90037 603 W 47th Street

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Presented By: Walter Castillo with Coldwell Banker Realty;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25510483
  • 03/12/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 11
  • Baths • 8
  • SQFT • 4,278
  • Garage • 2

Home Details

Exceptional Four-Unit Investment Property with High Market-Rate Rents & Prime LA Location. Unlock the potential of this high-performing, fully upgraded four-unit property, a rare opportunity for investors seeking strong cash flow and long-term appreciation. This standout asset seamlessly blends classic charm and modern sophistication, offering the perfect combination of style, convenience, and profitability. Behind the secure gated entry, you'll find a beautifully restored Spanish-style duplex in the front and a newly constructed modern duplex in the rear, featuring two garages and a covered carport, a premium feature in this high-demand rental market. Property Highlights: (2) Two-bedroom, two-bath units (1) Four-bedroom, two-bath unit with an extra-large bonus room (1) Three-bedroom, two-bath unit Stylish, open-concept layouts with chef's kitchens, oversized islands, and high-end finishes. Ample parking, including garages, carports, and open spaces, ensures convenience for tenants. Prime central location with easy access to USC, Banc of California Stadium, Crypto.com Arena, major freeways, public transit, and Downtown LA Smart Investment Opportunity. This turnkey, income-generating property is designed for maximum rental appeal in one of LA's most sought-after neighborhoods. With market-rate rents, high tenant demand, and appreciating property values, this is an unbeatable opportunity for investors looking to expand their portfolio with a premium, cash-flowing asset. Don't miss out! Contact us today to schedule a private tour and secure this incredible investment.
Presented By: Walter Castillo with Coldwell Banker Realty;

Interior Features for 603 W 47th Street

Bedrooms

Total Bedrooms11

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths8

Other Interior Features

LivingAreaSourceAppraiser
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
FlooringLaminate, Tile
Heating Y/NNo
Laundry FeaturesInside
Total Stories2

General for 603 W 47th Street

Additional Parcels Y/NNo
AppliancesBuiltIn
Architectural StyleContemporary
Attached Garage No
Buyer FinancingCash, Conventional, CalVetLoan, Fha, Va
Carport Spaces1.0
Carport Y/NYes
CityLos Angeles
Community FeaturesGated
CountyLos Angeles
DirectionsWest of Figueroa
DisclosuresRentControl
Electric On Property Y/NNo
Full Baths
Garage Spaces2.0
Garage Y/NYes
Gross Income135600.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, Conventional, CalVetLoan, FHA, FannieMae, FreddieMac, GovernmentLoan
Lot Size Square Feet8276.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income105101.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Open Parking Spaces8.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NYes
RoofShingle
Security FeaturesGatedCommunity
Senior Community Y/NNo
SewerOther
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
ViewNone
Waterfront Y/NNo
Year Built1924
ZoningLARD2

Exterior for 603 W 47th Street

Building Area Total4278.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.19
Lot Size Area8276.0
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Open Parking Y/NNo
Parking FeaturesAssigned, DirectAccess, Garage, GarageDoorOpener
Private PoolNo
SpaNo
Total Parking11.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,990,000
MLS#25510483
List Date 03/12/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
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