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526 -534 W 47th Street, Los Angeles, CA 90037
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$3,495,000
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Home Details for 526 -534 W 47th Street
Price
$3,495,000
Type
other
Bedrooms
21
Total Bathrooms
19
Year Build
1927
Sq. Ft.
11954
Lot Size
0.355
County
Los Angeles
MLS®️ Listing#
25582509
On exitrealty.com
152 days
Property Description
Less than $184,000 per unit an Actual Cap Rate of 7.53% and Actual GRM of 9.75. Pro-Forma Cap rate of 12.14% and GRM of 6.66 . Well-Maintained 19-Unit Multifamily property on a Large Double Lot Approx. 15,464 sq. ft. lot located at 526-534 W. 47th St., Los Angeles, CA 90037. This offering includes two adjacent parcels: APNs 5018-027-015 and 5018-027-016. Many units have been fully remodeled and upgraded. Located just minutes south of USC, BMO Stadium, and near shops and restaurants. Situated in a rapidly gentrifying neighborhood with significant development potential. Potential to build affordable or low-income housing, (buyer to verify). Tremendous upside once units are turned. Four units may be delivered vacant at close of escrow. Convenient access to the 110 Freeway, public transits, and local amenities. No on-site manager required. Drive-by only, please do not disturb tenants. For further details, call or text the listing agent.
- Fire Place
- Kitchen
- Living Room
- Cooling Information
- None
- Heating Information
- Wall Furnace
- Parking
- On Street
Listing Courtesy: Keller Williams Luxury - 562-961-1400. Presented by: Shahram Pourebrahim
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-01-15 12:46:30 and/or other sources. 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.
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Market statistics compiled from data from California Regional MLS.
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.
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$3,495,000
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.