631 E 47th Street, Los Angeles, CA 90011

• 7 beds
• 2,912 sqft

Property Description

Ideally located in the heart of Los Angeles, this well-maintained 3-unit multifamily property in desirable R2 zoning offers exceptional long-term value and reliable rental income. Featuring 2,912 sq ft living space on a generous 7,556 sq ft Lot, the property consists of two comfortable 2Bed/1Bath units and one spacious 3Bed/2Bath two-story unit. One unit has been upgraded with laminated flooring and modern finishes. Each unit is equipped with individual gas and electric meters, minimizing owner expenses, and tenants benefit from a large gated parking area with ample space. Situated in R2 zoning, the property also presents potential for future expansion or redevelopment possibilities ( buyer to verify). Its central location offers unmatched convenience-near Downtown LA, USC, Exposition Park, transit, and major freeways- ensuring consistent rental demand and long-term growth. A great opportunity for investors seeking stability. All tenants have been consistently reliable with their rent payments.

Listing Status:

Active

Date Added:

August 7, 2025

Data Last Updated:

February 8, 2026 at 5:08AM

Listing Office:

Action Real Estate : 213-268-3539

Listing Agent:

Christine Oam : 213-500-1567

MLS ID:

CL25572337

Interior

• A/C: No Air Conditioning
• Heating: Wall Furnace

Exterior

• Parking: Assigned

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: LAR25108005017
• View: None

Financial

• Source: CRMLS