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Listed by: Shahram Pourebrahim (213) 926-1776 DRE #01742690 | Keller Williams Luxury (562) 961-1400
$3,495,000
21 Beds
19 Baths
11,954sqft
526 -534 W 47Th St, Los Angeles, CA 90037
$3,495,000
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Multi Family
Built in 1927
$-- HOA
15,464 sqft lot
$292/sq.ft
Description
Less than $184,000 per unit an Actual Cap Rate of 7.25% and Actual GRM of 10.04. Pro-Forma Cap rate of 12.14% and GRM of 6.66 . Well-Maintained 19-Unit Multifamily property on a Large Double Lot Approx. 15,464 sq. ft. lot located at 526-534 W. 47th St., Los Angeles, CA 90037. This offering includes two adjacent parcels: APNs 5018-027-015 and 5018-027-016. Many units have been fully remodeled and upgraded. Located just minutes south of USC, BMO Stadium, and near shops and restaurants. Situated in a rapidly gentrifying neighborhood with significant development potential. Potential to build affordable or low-income housing, (buyer to verify). Tremendous upside once units are...
Continue Reading- Houzeo last checked: 9 Minutes ago
- Listing updated: December 16, 2025 at 5:42 pm
- Source: California Regional MLS-CA | MLS#: 25582509
Property Details
Status
Active
Type
Multi Family
No. of Stories
6
County
City
Neighborhood
--
Year Built
1927
HOA Fees
-
Finished Area
11,954 sqft
Lot Size
15,464 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25582509
MLS Status
Active
Days on Market
116
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