737 E 47th Street, Los Angeles, CA 90011
- $749,000
- List Price
- $749,000
- Status
- ACTIVE
- MLS#
- DW26175313
- Year Built
- 1905
- Lot Size
- 6,743
- Acres
- 0.15
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 1
- Property Type
- Multifamily
- Style
- Traditional
- Property Sub Type
- Triplex
- Stories
- One Level
Property Description
Great Income Opportunity in South Los Angeles! Charming and well-maintained property featuring 2 units on a spacious lot, with excellent potential for rental income. The back unit is currently rented at a strong market rent, while the front unit can be rented out or enjoyed by the new owner. Both units are in excellent condition and offer comfortable and amazing functional living spaces. Whether you're looking for an investment property or a home with rental income to help offset your mortgage, this property offers flexibility and great potential. Shows 2 units, title reflects 3 units. Easy to put back back into 3 units, creating the potential for 3 rental incomes. A great opportunity to own an income-producing property with additional upside in Los Angeles. Enjoy the convenience of being just minutes from Downtown Los Angeles, with easy access to major freeways, public transportation, shopping, restaurants, schools, and everyday necessity. Its central location makes it convenient for commuting throughout Los Angeles and surrounding communities.
Additional Information
- Other Buildings
- Shed(s)
- Appliances
- Gas Oven, Range Hood, Dryer, Washer
- Pool Description
- None
- Heat
- See Remarks
- Cooling
- Yes
- Cooling Description
- See Remarks
- View
- City Lights
- Exterior Construction
- Drywall
- Roof
- Shingle
- Sewer
- None
- Water
- Public
- Interior Features
- Built-in Features, All Bedrooms Down
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $74,000
- Operating Expense
- 6000
Listing courtesy of Listing Agent: Elvis Huerta (myagent@elvishuerta.com) from Listing Office: Century 21 A Better Service.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.