965 W 47Th Street

Los Angeles, CA 90037

$699,000

List Price

3

bed Beds

4

shower Baths

2,803 sqft

straighten / sqft

1907

calendar_month Built

Property Description

Global Platinum Properties is thrilled to present an irresistible investment gem nestled in the vibrant heart of Los Angelesa lucrative FOUR UNIT residential property that promises huge upside in rents and ADU addition! This remarkable opportunity spans three distinct buildings, offering a generous 2,802 square feet of living space on a sprawling 6,682 square foot lot zoned RD-3, TOC (Tier 3). Picture the potential as you explore the alley access leading to garages, perfectly suited for creative ADU conversions that can significantly boost your income stream. Each unit is individually metered for gas and electricityideal for attracting quality tenants who value convenience. Just imagine being steps away from top-rated schools and seamless public transportation options while finding yourself only minutes from iconic landmarks like Exposition Park, Downtown Los Angeles, and USC. The combination of prime location and endless possibilities makes this property a golden opportunity waiting to be seized!

Listing Information

List Price $699,000
Status Active
MLS 24417487
Type Residential Income
Year Built 1907
Lot Size 6,682
Structure Size 2,803
DOM 35
Courtesy Of Global Platinum Properties, Inc.
Listing Agent Armin Soleimani DRE#01846872
Co-Listing Agent Julio Ruiz DRE#01911261

Interior Features

Total Bedroom
Bedrooms 3
Total Bathroom
Bathrooms 4
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Armin Soleimani, Julio Ruiz, Global Platinum Properties, Inc. 310-666-2246. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:32 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.