USACALos Angeles1111 W 47Th Street
Listing image | Image 1

1111 W 47Th Street, Los Angeles, CA

House

For Sale

Listed price in listed location currency (USD).
$750,000

640

MLS® 26863143

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 2863 sqft
Garage 
Taxes 
Days Active 1
Lot Size 0.1696 Acres
Approx. Age 1927
Avg. Price Per Sqft $261
MLS® Number 26863143

Property Address: 1111 W 47th Street, Los Angeles, CA, 90037

Average square foot calculated using Size range provided by listing agent.

Description

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 convert the existing garage configuration into one or more Accessory Dwelling Units (ADUs), creating additional rental income and enhancing the property's long-term value (Buyer to Verify).Located three blocks south of W. Vernon Ave. and two blocks west of S. Vermont Ave, the property benefits from access to major transportation corridors, employment centers, educational institutions, and neighborhood amenities, providing strong connectivity throughout Los Angeles.
MLS® Number26863143
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1927
Basement
Driveway
Garage Spaces
HeatWall Furnace
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 22, 2026List Date
$750,000List Price
  • Commute

Commute

Starting Address
Destination Address
1111 W 47Th Street, Los Angeles, CA

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