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526 -534 W 47th Street, Los Angeles, CA 90037

Local realty services provided by:CENTURY 21 Affiliated
526 -534 W 47th Street,Los Angeles, CA 90037
$3,495,000
  • 21 Beds
  • 19 Baths
  • 11,954 sq. ft.
  • Multi-family
  • Active
Listed by: shahram pourebrahim
Office: keller williams luxury
MLS#:25582509
Source:CRMLS

Price summary

  • Price:$3,495,000
  • Price per sq. ft.:$292.37

About this home

Less than $184,000 per unit an Actual Cap Rate of 7.53% and Actual GRM of 9.75. Pro-Forma Cap rate of 12.14% and GRM of 6.66 . Well-Maintained 19-Unit Multifamily property on a Large Double Lot Approx. 15,464 sq. ft. lot located at 526-534 W. 47th St., Los Angeles, CA 90037. This offering includes two adjacent parcels: APNs 5018-027-015 and 5018-027-016. Many units have been fully remodeled and upgraded. Located just minutes south of USC, BMO Stadium, and near shops and restaurants. Situated in a rapidly gentrifying neighborhood with significant development potential. Potential to build affordable or low-income housing, (buyer to verify). Tremendous upside once units are turned. Four units may be delivered vacant at close of escrow. Convenient access to the 110 Freeway, public transits, and local amenities. No on-site manager required. Drive-by only, please do not disturb tenants. For further details, call or text the listing agent.

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Home facts

  • Year built:1927
  • Listing ID #:25582509
  • Added:155 day(s) ago
  • Updated:January 27, 2026 at 10:24 PM

Rooms and interior

  • Bedrooms:21
  • Total bathrooms:19
  • Living area:11,954 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1927
  • Building area:11,954 sq. ft.
  • Lot area:0.35 Acres

Utilities

  • Sewer:Sewer Tap Paid

Finances and disclosures

  • Price:$3,495,000
  • Price per sq. ft.:$292.37
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