961 W 47th St

Located in the heart of South Los Angeles,  this investment property has a strong upside potential in a neighborhood that s actively transitioning and showing signs of revitalization.

This four-unit property includes two income-producing units and two vacant units, offering flexibility for owner-occupied or investors ready to capitalize on rental demand. The area is seeing increased investment and development activity, making it an up-and-coming community with growing appeal. Positioned just 1.5 miles from the new Lucas Museum of Narrative Art (Star Wars Museum), 1.2 miles from the Natural History Museum, and just over a mile from the California Science Center and Children s Science Center, this property sits at the intersection of culture, education, and innovation. It s also only 1.3 miles from USC, making it an ideal opportunity for parents looking to avoid high dormitory costs by investing in housing for their student. Instead of paying rent, your child can live in one of the units while the others generate rental income turning an expense into a wealth-building strategy. Adding even more value, the detached 3-car garage has excellent potential for conversion into an Accessory Dwelling Unit (ADU), which could provide additional income and boost overall property value. Just 1.4 miles from BMO Stadium, home of LAFC, this property is perfectly positioned to benefit from the continued transformation of South LA. With cultural landmarks, major institutions, and infrastructure upgrades nearby, this s a rare opportunity to invest in a rising neighborhood while enjoying immediate and future gains. Seller motivated to entertain the best and highest offers. PRICE TO SELL.

This home located at 961 W 47th ST is currently active and has been available on pardeeproperties.com for 141 days. This property is listed at $1,199,000. It has 8 beds and 4 bathrooms. The property was built in 1913. 961 W 47th ST is in the Los Angeles Southwest community of Los Angeles County.

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