603 47th Street, Los Angeles

$2,250,000

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11 Beds
8 Baths
4,429 Sqft
.19 Acre
2 Garages

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!

Essential Information

MLS® #
24356505
Price
$2,250,000
Bedrooms
11
Bathrooms
8.00
Square Footage
4,429
Acres
0.19
Year Built
1924
Type
Residential Income
Style
Traditional
Status
Active

Community Information

Address
603 47th Street
Area
C42 - Downtown L.A.
City
Los Angeles
County
Los Angeles
Zip Code
90037
Community Features
Gated
Senior Community
N

Amenities

Parking Spaces
9
# of Garages
2
View
None
Pool
None

Parking

Attached Carport, Assigned, Driveway, Gated

Garages

Attached Carport, Assigned, Driveway, Gated

Interior

Interior
Laminate
Appliances
Built-In
Heating
Wall Furnace
# of Stories
2
Stories
Two

Additional Information

Date Listed
February 8th, 2024
Days on Market
88
Zoning
LARD2

Listing Details

Agent
Walter Castillo
Office
Coldwell Banker Realty
Property History
Price Reduced from $2,300,000 to $2,250,000

LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of May 6th, 2024 at 6:10am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.