550 W 47th St Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90037
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,602 sqft
Price per Sqft $363
MLS Listing ID 25512351
Style Modern
Bedrooms 32
Year Built 2020
Lot Size 8,433 Sqft
Acres 0.1936
Property Sub-Type Multi-Family
Property Description
Prime Multi-Unit Investment Opportunity in South Los Angeles. Rare chance to acquire a 2020 yr built high-yield, multi-unit completely LEASED property in a desirable South Los Angeles location, just minutes from BMO Stadium, Exposition Park, and with easy access to the 110 Freeway (Vernon Exit). Ideal for investment or owner-user, this versatile property is well-suited for homeless shelters, interim transition housing, non-profit organizations, and government-backed master lease programs. Featuring four units with an impressive total of 32 master suite-style bedrooms and 32 bathrooms, each suite is equipped with a private bath and mini-split HVAC system for maximum comfort. The property also offers common dining areas and laundry facilities in each unit. Zoned R-2 with R-3 occupancy per COO, this unique asset presents significant flexibility and potential. Completely Leased and receives stream of income flow.
Location
State CA
County Los Angeles
Area Downtown L.A.
Zoning LARD2
Rooms
Other Rooms None
Interior
Heating Forced Air, Electric, Other
Cooling Air Conditioning
Flooring Mixed
Fireplaces Type None
Equipment Refrigerator, Range/Oven
Laundry In Unit, Inside, Room
Exterior
Parking Features Tandem, Garage - 2 Car, Shared Driveway
Garage Spaces 7.0
Pool None
View Y/N No
View None
Roof Type Flat
Building
Story 3
Sewer In Connected and Paid
Water Public
Architectural Style Modern
Level or Stories Three Or More
Structure Type Concrete, Stucco
Others
Special Listing Condition Standard