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Image 1 - 965 W 47th St, Los Angeles, California, 90037 - House for sale
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W Th St, Los Angeles, Home For Sale
965 W 47th St, Los Angeles, California, 90037

W Th St, Los Angeles, Home For Sale

house for sale
Listed: 07/21/24

965 W 47th St, Los Angeles, California, 90037

3 Bed:
4 Bath:
2,803 Sq Ft Living Area:
Save
Price
$ 699,000

About This House

Global Platinum Properties is thrilled to present an irresistible investment gem nestled in the vibrant heart of Los Angelesa lucrative Four unit residential property that promises huge upside in rents and ADU addition! This remarkable opportunity spans three distinct buildings, offering a generous2, 802square feet of living space on a sprawling6, 682square foot lot zonedRD-3, TOC (Tier 3). Picture the potential as you explore the alley access leading to garages, perfectly suited for creative ADU conversions that can significantly boost your income stream. Each unit is individually metered for gas and electricityideal for attracting quality tenants who value convenience. Just imagine being steps away from top-rated schools and seamless public transportation options while finding yourself only minutes from iconic landmarks like Exposition Park, Downtown Los Angeles, and USC. The combination of prime location and endless possibilities makes this property a golden opportunity waiting to be seized!

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Vermont Square Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.