680 E 47th Street, Los Angeles, CA 90011

Local realty services provided by:ERA North Orange County Real Estate
680 E 47th Street,Los Angeles, CA 90011
$2,000,000
  • - Beds
  • - Baths
  • 11,853 sq. ft.
  • Multi-family
  • Active
Listed by: jerome mcalpin
Office: mcalpin & company
MLS#:26641103
Source:CRMLS

Price summary

  • Price:$2,000,000
  • Price per sq. ft.:$168.73

About this home

The subject property is a 20-unit apartment complex located in South Los Angeles, just east of the USC campus. The building consists of sixteen singles and four - one-bedroom units. The structure was built in 1924 and contains 11,853 square feet. It is situated on a 13,500 square foot lot which is zoned LAR2. The units are producing almost $20,000 per month and close to $240,000 annually. At list, the GRM is 8.33 and the Cost Per Unit is a very attractive $100,000 per unit. The day one cash flow is almost 8% based on a 35% down payment. Even with those attractive numbers, there is still plenty of upside in the rents, with most doubling upon turnover. This one will not last. Unit sizes are approximate. Buyers to rely on their own investigations

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Home facts

  • Year built:1924
  • Listing ID #:26641103
  • Added:8 day(s) ago
  • Updated:January 31, 2026 at 04:07 AM

Rooms and interior

  • Living area:11,853 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1924
  • Building area:11,853 sq. ft.
  • Lot area:0.31 Acres

Finances and disclosures

  • Price:$2,000,000
  • Price per sq. ft.:$168.73
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