Listing provided courtesy of Walter Castillo of Coldwell Banker Realty. Last updated 2025-04-19 08:11:36.000000. Listing information © 2024 Sandicor.
Asking Price: $1,990,000 |
603 47th, Los Angeles CA 90037
Community: C42 - Downtown L.A.
This property was built in 1924 and is priced at $1,990,000. Please see the additional details below.
Exceptional Four-Unit Investment Property with High Market-Rate Rents & Prime LA Location. Unlock the potential of this high-performing, fully upgraded four-unit property, a rare opportunity for investors seeking strong cash flow and long-term appreciation. This standout asset seamlessly blends classic charm and modern sophistication, offering the perfect combination of style, convenience, and profitability. Behind the secure gated entry, you'll find a beautifully restored Spanish-style duplex in the front and a newly constructed modern duplex in the rear, featuring two garages and a covered carport, a premium feature in this high-demand rental market. Property Highlights: (2) Two-bedroom, two-bath units (1) Four-bedroom, two-bath unit with an extra-large bonus room (1) Three-bedroom, two-bath unit Stylish, open-concept layouts with chef's kitchens, oversized islands, and high-end finishes. Ample parking, including garages, carports, and open spaces, ensures convenience for tenants. Prime central location with easy access to USC, Banc of California Stadium, Crypto.com Arena, major freeways, public transit, and Downtown LA Smart Investment Opportunity. This turnkey, income-generating property is designed for maximum rental appeal in one of LA's most sought-after neighborhoods. With market-rate rents, high tenant demand, and appreciating property values, this is an unbeatable opportunity for investors looking to expand their portfolio with a premium, cash-flowing asset. Don't miss out! Contact us today to schedule a private tour and secure this incredible investment.