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972 W 47th Street

Los Angeles, CA 90037
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Bed 12

Bed

Bath 7

Bath

SqFt4,300

Sqft

SqFt6,760

Sqft(Lot)

We are pleased to offer 972 W. 47th Street, a fully occupied five-unit multifamily investment property located in Los Angeles, California 90037. The property offers an attractive unit mix consisting of three two-bedroom, one-bathroom units, and two three-bedroom, two-bathroom units. The improvements total approximately 4,300 rentable square feet and are situated on two adjacent parcels (APN #'s 5018-010-020 & 5018-010-023) totaling approximately 6,760-square-feet. The property also provides ample on-site parking for residents. Offered at $1,100,000, the property represents a stable, income-producing investment opportunity with an attractive 7.30 gross rent multiplier and a 9.07% capitalization rate. The property is currently fully occupied, providing an investor with immediate and consist ent rental income from the date of acquisition. Recent capital improvements include all five of the units being recently renovated within the last five years prior to tenant move-in as well as a recently installed Ring security system. The property also allows future ADU potential with a large rear garage/storage area that can be converted to increase rental income (buyer to verify). With its strong current cash flow, favorable unit mix, recent improvements, and full occupancy, 972 W. 47th Street offers investors a compelling opportunity to acquire a stabilized multifamily asset at an attractive basis in the Los Angeles market.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,100,000

AD Id : 91316534

MLS Id : 26989593

Beds : 12

Lot Size : 6,760 Sq. Ft

Living Area Size : 4,300 Sq. Ft

Year Built : 1914

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 12

    Bathroom Information

    Total Baths: 7
  • Heating & Cooling

    Cooling: None

  • Building Information

    Year Built: 1914
    Building Area Total: 4300
    Stories: 1
    Private Pool: No

  • Lot Information

    Main Square Feet: 6760 Lot Size Acres: 0.1552 Lot Size Source: Other Lot Size Square Feet: 6,760

  • Listing Price Information

    Listing Price: $1100000

  • Tax Information

    Parcel Number: 5018010020

  • Location Information

    Direction: The subject property is located in the City of Los Angeles. The property is situated south of Vernon Avenue, North of Slauson Avenue, West of Hoover Street and East of Vermont Avenue.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
158 W Martin Luther Kin.., Los Angeles, CA, 90037 $998,000 11 5 -- 6,001 Sq. Ft
160 W 48th, Los Angeles, CA, 90037 $689,900 3 3 1,152 4,752 Sq. Ft
208 W 49th Street, Los Angeles, CA, 90037 $849,000 7 4 2,198 5,446 Sq. Ft
336 W 45th Street, Los Angeles, CA, 90037 $649,900 5 3 1,728 5,408 Sq. Ft
4207 S Flower Street, Los Angeles, CA, 90037 $999,900 4 4 3,672 6,006 Sq. Ft
4260 S Figueroa Street, Los Angeles, CA, 90037 $1,100,000 4 4 4,516 7,510 Sq. Ft
602 W 40th Place, Los Angeles, CA, 90037 $1,600,000 10 5 3,692 6,752 Sq. Ft
550 W 41st Drive, Los Angeles, CA, 90037 $950,000 6 5 3,120 6,765 Sq. Ft
536 W 42nd Street, Los Angeles, CA, 90037 $1,049,900 6 2 1,983 4,327 Sq. Ft
434 W 48th Street, Los Angeles, CA, 90037 $675,000 3 2 1,218 6,081 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/26/2026 @ 02:45

MLS: 26989593 LISTED BY: Griffin White, BRC Advisors- BH SOURCE: CRMLS

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