• 603 W 47th Street Los Angeles, CA 90037

  • $2,250,000
  • 11
    Bed(s)
  • 0
    Baths
  • 4,429
    Sq Ft
  • 8276
    Sqft
  • Listed By: Walter Castillo, Coldwell Banker Realty, DRE #01141632
  • Source: CRMLS

Attention Investors and 1031 Exchangers: Profit-Generating Opportunity Awaits! Presenting a unique and lucrative four-unit property with market rents, this charming combination of Spanish-style duplex and modern duplex behind the gates will impress. The front units have been completely renovated, while the remaining units are newly constructed, all boasting excellent condition and market-value rents. Parking is plentiful, offering a combination of garages, carports, and open parking spaces to accommodate tenants comfortably. Comprising (2) 2-bedroom, 2-bathroom units, (1) 4-bedroom, 2-bathroom unit, and (1) 3-bedroom, 2-bathroom unit, each residence features open layouts with spacious kitchens and islands, perfect for modern living. Centrally located near public transportation and local freeways, this property is within minutes of USC University, the New Banc of California Stadium, Crypto.com Arena, and vibrant DTLA. Whether you're a seasoned investor or new to the market, this is an exceptional opportunity not to be missed. Reach out today for more details and secure your investment in this highly sought-after property!

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 11

Bathroom Information

Total Baths: 8

Full Baths: 0

Half Baths: 0

Water/Sewer

Water Source : Public

Sewer : Other

Interior Features

Property Appliances: Built-In

Flooring: Laminate

Heating Source

Wall Furnace

Has Heating

Building Information

Year Built: 1924

Building Area Total: 4,429

Security Features

Gated Community

Pool Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.19

Lot Size Source: Vendor Enhanced

Lot Size Square Feet: 8276

Listing Price Information

Original List Price: 2,250,000

Listing Contract Date: 2024-02-08

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5018029028

Garage and Parking

Garage Description: Attached Carport,Assigned,Driveway,Gated

Attached Garage: Yes

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: Electricity,Gas

Other Property Info

Source Listing Status: Active

Source Neighborhood: C42 - Downtown L.A.

Postal Code Plus 4: 3121

Directions: West of Figueroa / South of Vernon

Zoning: LARD2

Source Property Type: Residential Income

Area: C42 - Downtown L.A.

Building and Construction

Property Age: 100

Year Built Source: Vendor Enhanced

Total Square Feet Living: 4429

Levels or Stories: Two

Building Total Stories: 2

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4815 S Normandie Avenue, Los Angeles, CA,90037 $750,000 5 -- 2,208 5403 Sqft
110 W 48th Street, Los Angeles, CA,90037 $479,800 2 2 1,134 2400 Sqft
4225 Van Buren Place, Los Angeles, CA,90037 $849,900 4 2 1,645 5992 Sqft
5116 S Budlong Avenue, Los Angeles, CA,90037 $1,100,000 5 4 3,632 5520 Sqft
232 W 49th Street, Los Angeles, CA,90037 $699,999 4 2 1,744 5447 Sqft
4125 S Figueroa Street .., Los Angeles, CA,90037 $329,000 1 1 542 39267 Sqft
3913 S Budlong Avenue, Los Angeles, CA,90037 $1,699,000 6 -- 3,690 10432 Sqft
602 W 40th Place #3, Los Angeles, CA,90037 $1,799,999 10 5 3,692 6750 Sqft
1115 W 41st Street, Los Angeles, CA,90037 $959,900 3 2 2,182 6352 Sqft
4529 S Vermont Avenue, Los Angeles, CA,90037 $2,050,000 4 -- 6,750 8014 Sqft

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ByOwner last updated this listing 05/17/2024 @ 01:55

MLS: 24356505
LISTED BY: Walter Castillo, Coldwell Banker Realty
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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