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1111 W 47th Street, Los Angeles, CA 90037

Los Angeles
Local realty services provided by:CENTURY 21 Classic Estates
1111 W 47th Street,Los Angeles, CA 90037
$750,000
  • 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:$750,000
  • Price per sq. ft.:$261.96

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:5 day(s) ago
  • Updated:July 28, 2026 at 10:57 AM

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:$750,000
  • Price per sq. ft.:$261.96

Features and amenities

  • Appliances:Disposal
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Classic Estates is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Classic Estates, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Sol Almarines

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