605 W 47Th Street

Los Angeles, CA 90037

$1,999,999

List Price

11

bed Beds

8

shower Baths

4,278 sqft

straighten / sqft

1924

calendar_month Built

Property Description

Discover a lucrative investment opportunity with this four-unit property, featuring market-rate rents and an appealing mix of classic and modern design. Behind the gates, you'll find a beautifully renovated Spanish-style duplex in front and a newly constructed, modern duplex in the rear. All units are in excellent condition, with upgrades that make them highly desirable for tenants. This property offers (2) 2-bedroom, 2-bath units, (1) 4-bedroom, 2-bath unit, and (1) 3-bedroom, 2-bath unit. Each residence boasts an open floor plan with spacious kitchens and islands perfect for comfortable, modern living. Tenants will also benefit from ample parking options, including garages, carports, and open spaces, ensuring convenience and ease. This property is located centrally and provides easy access to public transportation, major freeways, USC University, Banc of California Stadium, Crypto.com Arena, and the vibrant Downtown Los Angeles scene. It's a prime opportunity for investors seeking steady cash flow and appreciation potential in a high-demand area. Take advantage of this exceptional investment. Contact us today to learn more and secure your stake in this highly sought-after property!

Listing Information

List Price $1,999,999
Status Active
MLS 24462989
Type Residential Income
Year Built 1924
Lot Size 8,276
Structure Size 4,278
DOM 28
Courtesy Of Coldwell Banker Realty
Listing Agent Walter Castillo DRE#01141632

Interior Features

Total Bedroom
Bedrooms 11
Total Bathroom
Bathrooms 8
Flooring Information
Material Laminate
Fireplace Information
Features None

Exterior Information

Maps

Listing information courtesy of: Walter Castillo, Coldwell Banker Realty 213-792-0940. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 10th, 2024 at 6:28 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.