526-534 W 47th St, Los Angeles, CA 90037
Local realty services provided by:CENTURY 21 Affiliated
526-534 W 47th St,Los Angeles, CA 90037
$3,099,000
- 5 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: john stiegler ii, stephen takahashi
Office: lyon stahl investment real estate, inc.
MLS#:SB26190326
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,099,000
About this home
$250,000 PRICE REDUCTION! NOW OFFERED AT $3,099,000. Reduced from $3,349,000, this 19-unit offering consists of two neighboring apartment buildings at 526534 W 47th Street in Los Angeles. The properties feature eighteen 1-bedroom/1-bathroom units and one 3-bedroom/1-bathroom unit, with approximately 11,953 square feet of building area situated on approximately 15,467 square feet of land. Four units are currently vacant, providing an incoming investor with the opportunity to renovate and lease the units while benefiting from the propertys existing income. Based on projected market rents, the property offers approximately 46% upside in scheduled rental income, increasing from approximately $356,568 to $521,400 annually. The offering consists of two separate parcels, each containing fewer than 16 units, which generally eliminates the state requirement for an on-site resident manager. Conveniently located near the 110 Freeway, USC, Exposition Park, the Los Angeles Memorial Coliseum and Downtown Los Angeles, this offering provides attractive scale, immediate vacant-unit potential and meaningful long-term rental upside....
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Home facts
- Listing ID #:SB26190326
- Added:56 day(s) ago
- Updated:October 27, 2026 at 12:40 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
Finances and disclosures
- Price:$3,099,000
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