526 534 W 47th St
Los Angeles, CA 90037
5
Bed
3
Bath
15,467Sqft(Lot)
526–534 W 47th Street presents an opportunity to acquire two neighboring apartment buildings totaling 19 units in a central Los Angeles location. The properties feature eighteen 1-bedroom/1-bathroom units and one 3-bedroom/1-bathroom unit, with approximately 11,953 square feet of building area situated on approximately 15,467 square feet of land. Four units are currently vacant, providing an incoming investor with the opportunity to renovate and lease the units while benefiting from the property’s existing income. Based on projected market rents, the property offers approximately 46% upside in scheduled rental income, increasing from approximately $356,568 to $521,400 annually. The offering consists of two separate parcels, each containing fewer than 16 units, which generally eliminates th
Property Details
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Map
What's Nearby
Nearby Areas
Features
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Building Information
Year Built: 1927Building Area Total: 11953Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 15467 Lot Size Acres: 0.3551 Lot Size Source: Assessor Lot Size Square Feet: 15,467 Lot Description: RectangularLot
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Listing Price Information
Listing Price: $3349000Cash, CashToNewLoan, Conventional, Exchange1031
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Tax Information
Parcel Number: 5018027015 Tax Lot: 8
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Location Information
Direction: South of Vernon Ave, West of Figueroa St. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 331 W 45th Street, Los Angeles, CA, 90037 | $3,000,000 | -- | 6 | -- | 5,403 Sqft |
| 4240 Figueroa Street, Los Angeles, CA, 90037 | $3,250,000 | 1 | 1 | -- | 15,016 Sqft |
| 324 W 50th, Los Angeles, CA, 90037 | $824,000 | 4 | 6 | -- | 6,888 Sqft |
| 517 W 42nd, Los Angeles, CA, 90037 | $1,190,000 | 4 | 6 | -- | 4,800 Sqft |
| 5324 S Hoover, Los Angeles, CA, 90037 | $650,000 | 4 | 5 | -- | 5,228 Sqft |
| 1175 Leighton, Los Angeles, CA, 90037 | $4,995,000 | 26 | 26 | -- | 13,504 Sqft |
| 3914 S Normandie Avenue, Los Angeles, CA, 90037 | $1,100,000 | 10 | 5 | -- | 6,506 Sqft |
Similar Apartment To 526 534 W 47th St
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ByOwner last updated this listing 09/02/2026 @ 18:32
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