1111 W 47th Street, Los Angeles, CA 90037

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1111 W 47th Street,Los Angeles, CA 90037
$685,000
  • 7 Beds
  • 5 Baths
  • 2,863 sq. ft.
  • Multi-family
  • Active
Listed by: sevak keshishian, shara parseghian
Office: marcus & millichap818-212-2700
MLS#:26863143
Source:CRMLS

Price summary

  • Price:$685,000
  • Price per sq. ft.:$239.26

About this home

We are pleased to present the opportunity to acquire 1111 W. 47th Street, a value-add five-unit multifamily investment located in the Vermont Square neighborhood of South Los Angeles. Offered below replacement cost, the property provides investors with the opportunity to acquire a well-located, income-producing asset featuring significant rental upside, operational flexibility, and long-term value creation.Built in 1927, the property consists of three separate structures totaling approximately 2,863 square feet of rentable space on a 7,387-square-foot lot. The unit mix includes (3) 1bd/1bd units and (2) 2bd/1ba units, with (1) 1bd unit (detached cottage) to be delivered vacant, providing an immediate opportunity to renovate and lease at market rents.The property also includes (4) single-car garages, which are currently utilized for storage. Based on current market conditions, investors have the opportunity to capture approximately 68% rental upside while exploring the potential to...

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Home facts

  • Year built:1927
  • Listing ID #:26863143
  • Added:96 day(s) ago
  • Updated:October 27, 2026 at 12:53 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:5
  • Kitchen Description:Disposal
  • Living area:2,863 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1927
  • Building area:2,863 sq. ft.
  • Lot area:0.17 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$685,000
  • Price per sq. ft.:$239.26

Features and amenities

  • Appliances:Disposal
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