961 W 47th Street, Los Angeles, CA 90037
- 8 beds
- 2,772 sqft
Multi-Family Home
Built in 1913
6,534sqft lot
—— car garage
$433/sqft
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
- 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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Dr. James Edward Jones Primary Center
1017 W 47th St, Los Angeles, CA, 90037
Grades PK-2
0.10 miles away
John Muir Middle School
5929 S Vermont Ave, Los Angeles, CA, 90044
Grades 6-8
0.99 miles away
Manual Arts High School
4131 S Vermont Ave, Los Angeles, CA, 90037
Grades 9-12
0.53 miles away





