$3,495,000

526 W 47th Street, Los Angeles, CA 90037

  • 11,954 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1927
  • Property Lot Size Icon0.36acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $292/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

Less than $184,000 per unit an Actual Cap Rate of 7.53% and Actual GRM of 9.75. Pro-Forma Cap rate of 12,14% and GRM of 6.66 . Well-Maintained 19-Unit Multifamily property on a Large Double Lot Approx. 15,464 sq. ft. lot located at 526-534 W. 47th St., Los Angeles, CA 90037. This offering includes two adjacent parcels: APNs 5018-027-015 and 5018-027-016. Many units have been fully remodeled and upgraded. Located just minutes south of USC, BMO Stadium, and near shops and restaurants. Situated in a rapidly gentrifying neighborhood with significant development potential. Potential to build affordable or low-income housing, (buyer to verify). Tremendous upside once units are turned. Four units may be delivered vacant at close of escrow. Convenient access to the 110 Freeway, public transits, and local amenities. No on-site manager required. Drive-by only, please do not disturb tenants. For further details, call or text the listing agent.

Listing Status:
Active
Date Added:
August 25, 2025
Data Last Updated:
February 8, 2026 at 12:06PM
Listing Office:
Keller Williams Luxury : 310-806-2619
Listing Agent:
Shahram Pourebrahim : 213-926-1776
MLS ID:
CL25628245
  • General: Stucco
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: LARD5018027016
  • Utilities: Other
  • Source: CRMLS

Presented by Veterans United Realty

This listing courtesy of Shahram Pourebrahim , Keller Williams Luxury

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Marguerite Poindexter LaMotte Elementary School

4410 Orchard Ave, Los Angeles, CA, 90037

Grades KG-5

0.33 miles away

J

John Muir Middle School

5929 S Vermont Ave, Los Angeles, CA, 90044

Grades 6-8

1.09 miles away

M

Manual Arts High School

4131 S Vermont Ave, Los Angeles, CA, 90037

Grades 9-12

0.74 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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