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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$1,800,000

Est. payment - /mo

11 Beds

8 Baths

4,278 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,278 sqft

Price per Sqft $420

MLS Listing ID 25559443

Bedrooms 11

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1924

Lot Size 8,276 Sqft

Property Description

End of year special. One 2 bedrooms 2 baths unit can be deliver vacant. MUST HAVE .......CASH FLOW....5.97 Cap Rate.....Turnkey Four Units. Fully Renovated. Prime Investment & Owner-User Opportunity, Just reduced for immediate action! An exceptional opportunity to own a fully reimagined four-unit income property minutes from USC, the LA Coliseum, and Expo Park. Perfect for investors, 1031 exchange buyers, or owner-users seeking to occupy one unit and collect income from the rest. Expertly restored by a seasoned contractor, this luxury fourplex blends classic Los Angeles architecture with modern design and functionality. Each unit features upgraded kitchens with stainless-steel appliances, quartz countertops, in-unit laundry, wall A/C units, designer fixtures, and new flooring throughout, delivering both style and efficiency. Currently tenant-occupied and producing strong income, the property offers immediate cash flow with long-term upside potential in one of LA's most dynamic and appreciating rental corridors. The gated grounds and thoughtful layout provide privacy, comfort, and ease of management, making this an ideal turnkey, low-maintenance asset. Centrally located near major employment hubs, universities, transit lines, and future development zones, this property offers unbeatable convenience and growth potential. Whether expanding your portfolio or securing a home with built-in income, this fourplex checks all the right boxes. Shown by appointment only please do not disturb occupants.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LARD2

Interior

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplace No

Appliance Built-In

Exterior

Parking Features Assigned, Carport, Door-Multi, Direct Access, Driveway, Garage, Private

Garage Spaces 2.0

Carport Spaces 1

Garage Description 2.0

Pool None

Community Features Gated

View Y/N No

View None

Roof Type Flat Tile

Total Parking Spaces 11

Private Pool No

Building

Story 2

Entry Level Two

Sewer Other

Water Public

Architectural Style Modern

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5018029028

Security Features Gated Community

Acceptable Financing Cash, Conventional, FHA, Government Loan

Listing Terms Cash, Conventional, FHA, Government Loan

Financing Cash,FHA

Special Listing Condition Standard

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Listed by Walter Castillo Coldwell Banker Realty

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diego@1visionproperties.com

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605 W 47th ST Los Angeles, CA 90037