$1,199,000

961 W 47th Street, Los Angeles, CA 90037

  • 8 beds
  • 2,772 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1913
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $433/sqft
  • Property List Date Icon Listed 20 days ago

Property Description

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 two income-producing units and two 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

Listing Status:
Active
Date Added:
January 18, 2026
Data Last Updated:
February 7, 2026 at 10:06PM
Listing Office:
Rodeo Realty : 310-471-2600
Listing Agent:
Angela Dominguez : 818-633-1077
MLS ID:
CRSR26012599
  • Laundry: OtherInside
  • General: Other
  • Parking: Other
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: LARD5018009022
  • Source: CRMLS

Presented by Veterans United Realty

This listing courtesy of Angela Dominguez , Rodeo Realty

Monthly Payment

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

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Location

Schools Nearby

D

Dr. James Edward Jones Primary Center

1017 W 47th St, Los Angeles, CA, 90037

Grades PK-2

0.10 miles away

J

John Muir Middle School

5929 S Vermont Ave, Los Angeles, CA, 90044

Grades 6-8

0.99 miles away

M

Manual Arts High School

4131 S Vermont Ave, Los Angeles, CA, 90037

Grades 9-12

0.53 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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