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$1,199,000
Listing Price4beds
4baths
2,772sqft
6,683sqft lot
961 W 47th St, Los Angeles, CA 90037
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Home type
Price / sqft
Year built
Home Details
Fantastic Investment Opportunity! This charming and well-maintained fourplex offers four units, each featuring 2 bedrooms and 1 bathroom. Recent upgrades include renovated kitchens and bathrooms in each unit. With close to 2,800 sq. ft. of living space on an over 6,600 sq. ft. lot, this property presents a lucrative investment potential. Zoned LARD3, the property also had previous permits for an ADU that have now expired, allowing for an additional 2 bed/1 bath unit to further increase income potential. Garage will be vacant upon closing. Conveniently located near the 110 Freeway, Downtown LA, Staples Center, LA Live, USC, museums, parks, and major restaurants, this property is an excellent investment opportunity. The property will be delivered with tenants in place, ensuring immediate rental income. Tenants are not aware of the sale, so please do not disturb them.
Interior Details
2772
4
4
Has Heating:
Yes
Heating Type:
Yes
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
6683
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Quadraplex
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$6,399
$416,160
$98,838
--%
$514,998
2019
$6,399
$408,000
$96,900
--%
$504,900
2018
$5,338
$290,887
$123,895
--%
$414,782
2017
$840
$21,724
$17,083
--%
$38,807
2016
$789
$21,299
$16,749
--%
$38,048
2014
$816
$20,570
$16,175
--%
$36,745
2013
$810
$20,478
$16,102
--%
$36,580
2012
$819
$20,077
$15,787
--%
$35,864
Average Home Price in 90037
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Details for 961 W 47TH ST
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles





