Los Angeles, CA 90011 132 E 47th Place

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Presented By: Elizabeth Wojtaszek with RE/MAX CHAMPIONS; 310-498-7781
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# IG25152205
  • 07/07/2025
  • 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 • 1
  • Baths • 1
  • SQFT • 2,818

Home Details

Investment Opportunity in Prime South LA! This well-maintained 6-unit property consists of two separate buildings on one lot, offering a solid rental income stream and long-term upside. Each unit is tenant-occupied with strong rents, making this a turnkey asset for savvy investors. Located in the high-demand 90011 zip code, this property benefits from consistent rental demand and proximity to major freeways, public transportation, Downtown LA, USC, and the upcoming South LA developments. Whether you're expanding your portfolio or seeking a 1031 exchange opportunity, this is a must-see multi-unit asset in one of LA’s most active rental corridors.
Presented By: Elizabeth Wojtaszek with RE/MAX CHAMPIONS; 310-498-7781

Interior Features for 132 E 47th Place

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories2

Other Rooms

Entry Level1

General for 132 E 47th Place

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesStormDrains, StreetLights, Sidewalks
ContingencyContingent on sellers finding replacement property
CountyLos Angeles
Directionsturn left onto W. Vernon Ave, R on Main, L onto E. 47th Place
Electric Expense0.0
Entry LocationFront
Expected Active Date 2025-07-08
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income86000.0
HOANo
Home Warranty Y/NNo
Insurance Expense1200.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional, Submit
Lot Size Square Feet5760.0
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
Net Operating Income70000.0
New ConstructionNo
Number Of Units Total21
Operating Expense1200.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot4
Total Actual Rent7192.14
Trash Expense800.0
Water Sewer Expense1500.0
Year Built1921
Year Built SourcePublicRecords

Exterior for 132 E 47th Place

Building Area Total2818.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesNoLandscaping
Lot Size Acres0.1322
Lot Size Area5760.0
Lot Size SourcePublicRecords
Number of Buildings2
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Parking FeaturesDriveway
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $968,000
MLS#IG25152205
List Date 07/07/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
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