Pending

961 W 47th Street

Los Angeles, CA 90037
Mark as Favorite
Bed 0

Bed

Bath 0

Bath

SqFt2,772

Sqft

SqFt6,683

Sqft(Lot)

Located in the heart of South Los Angeles, this investment property has a strong upside potential in a neighborhood that’s actively transitioning and showing signs of revitalization. This four-unit property includes one income-producing unit and three vacant units, offering flexibility for owner-occupied or investors ready to capitalize on rental demand. The area is seeing increased investment and development activity, making it an up-and-coming community with growing appeal. Positioned just 1.5 miles from the new Lucas Museum of Narrative Art (Star Wars Museum), 1.2 miles from the Natural History Museum, and just over a mile from the California Science Center and Children’s Science Center, this property sits at the intersection of culture, education, and innovation. It’s also only 1.3 miles from USC, making it an ideal opportunity for parents looking to avoid high dormitory costs by investing in housing for their student. Instead of paying rent, your child can live in one of the units while the others generate rental income—turning an expense into a wealth-building strategy. Adding even more value, the detached 3-car garage completely remodeled has excellent potential for conversion into an Accessory Dwelling Unit (ADU), which could provide additional income and boost overall property value. ($2,500 -$3,500/month rent potential, that's $30K -$40K/ year upside Property delivered with 3 vacant + 1 occupied (as-is) + . Just 1.4 miles from BMO Stadium, home of LAFC, this property is perfectly positioned to benefit from the continued transformation of South LA. With cultural landmarks, major institutions, and infrastructure upgrades nearby, this is a rare opportunity to invest in a rising neighborhood while enjoying immediate and future gains. Some pictures have been virtually staged to create a vision for buyers. The property is priced based on its current income and occupancy. "Price reflects current income and development upside. Vacancy beyond existing units is not included."

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $1,099,000

AD Id : 87356422

MLS Id : SR26012599

Lot Size : 6,683 Sqft

Living Area Size : 2,772

Year Built : 1913

Garage : 3

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Roof: Shingle Fireplace: None
  • Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1913 Building Area Total: 2,772 Roof: Shingle
  • Foundation

    Raised
  • Pool Features

    None

    Laundry Features

    Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Inside

    Fencing

    Average Condition

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1534
  • Lot Size Source: Assessor Lot Size Square Feet: 6683

  • Listing Price Information

    Original List Price: 1,099,000 Listing Contract Date: 2026-01-17
  • Lease Information

    Lease Term: Month To Month Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5018009022

  • Garage and Parking

    Garage Description: Garage,Garage Door Opener

    Homeowners Association

  • Rental Info

    Lease Term: Month To Month Tenant Pays: All Utilities

  • Other Property Info

    Source Listing Status: Pending Source Neighborhood: C34 - Los Angeles Southwest Postal Code Plus 4: 2948 Directions: S of Vernon Ave/ E of Vermont Ave Zoning: LARD3 Source Property Type: Residential Income Area: C34 - Los Angeles Southwest Property SubType: Quadruplex
  • Building and Construction

    Property Age: 113 Common Walls: No Common Walls Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 1 Entry Location: Main Levels or Stories: One Building Total Stories: 1
Sell a home like this and save $65,441 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1171 W 38th Street, Los Angeles, CA, 90037 $799,000 1 1 2,100 2,100 SqFt
927 W 48th Street, Los Angeles, CA, 90037 $838,000 6 3 1,912 1,912 SqFt
134 W 49th, Los Angeles, CA, 90037 $888,999 8 3 2,342 2,342 SqFt
3830 S Figueroa Street, Los Angeles, CA, 90037 $2,000,000 5 3 3,584 3,584 SqFt
237 W 50th, Los Angeles, CA, 90037 $699,000 4 2 2,019 2,019 SqFt
323 W 47th, Los Angeles, CA, 90037 $839,000 6 2 1,925 1,925 SqFt
458 W Vernon, Los Angeles, CA, 90037 $895,000 6 4 3,726 3,726 SqFt
314 W 56th, Los Angeles, CA, 90037 $1,350,000 10 6 3,686 3,686 SqFt
314 W 56th, Los Angeles, CA, 90037 $1,350,000 10 6 3,686 3,686 SqFt
555 W 43rd, Los Angeles, CA, 90037 $835,000 3 2 1,748 1,748 SqFt

Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 07/09/2026 @ 14:10

MLS: SR26012599 LISTED BY: Angela Dominguez, Rodeo Realty 818-990-0454 SOURCE: CRMLS

Homes around $1,099,000

Selling? Save $65,441 when you sell a home like this

Tour with a ByOwner Agent