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225 W 47th Place

Los Angeles (City), CA 90037
  • $849,999
  • STATUS: Active
  • ON SITE: 27 Days
  • ID#: DW24024472
Price Reduced
UPDATED: 187 min ago
$849,999
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Listing Agent(s): Hernan Hernandez of Excellence Premier Real Estate (323-484-0955)


Description

Great opportunity to own 3 units near USC, DTLA, LAFC STADIUM and much much more. This property also has 3 one car garages that should qualify for an ADU play to convert into two units turning this gem into a 5 unit building for huge upside. Buyer to verify with LADBS. All units have tenants month to month and seller will not provide any vacancy. Buyers to cooperate with a sellers 1031 exchange at no cost to buyer. Front house is a 4 bedroom. Back units are one bed one bath each and sit on top of the 3 one car garages. Alley access as well. Price to sell fast. The property is being sold in as-is condition. Front house has a new roof and there are two water meters for this property. Utilities are low for the triplex.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-01T10:33:26.237. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brianna Miller | Synergy Real Estate. Licensed in the State of California, USA.
www.briannasellshomes.com/homes/147230368
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225 W 47th Place Los Angeles (City), CA 90037

  • Price: $849,999
  • Status: Active
  • On Site: 27 Days
  • Updated: 187 min ago
  • ID#: DW24024472
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1953
Built
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
Property Description
Great opportunity to own 3 units near USC, DTLA, LAFC STADIUM and much much more. This property also has 3 one car garages that should qualify for an ADU play to convert into two units turning this gem into a 5 unit building for huge upside. Buyer to verify with LADBS. All units have tenants month to month and seller will not provide any vacancy. Buyers to cooperate with a sellers 1031 exchange at no cost to buyer. Front house is a 4 bedroom. Back units are one bed one bath each and sit on top of the 3 one car garages. Alley access as well. Price to sell fast. The property is being sold in as-is condition. Front house has a new roof and there are two water meters for this property. Utilities are low for the triplex.
Exterior Features

Entry Level 1 Entry Location front Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 3 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features Curbs Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 49200 Gross Scheduled Income 49200 Insurance Expense 1579 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 45953 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 2 Operating Expense 3247 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 438 Water Sewer Expense 1230 Water Source Public Zoning LAR2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-01T10:33:26.237. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brianna Miller | Synergy Real Estate. Licensed in the State of California, USA.
 
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Brianna Miller | Synergy Real Estate
140 N. Harvard Avenue #341
Claremont CA, 91711
Listing Agent(s): Hernan Hernandez of Excellence Premier Real Estate (323-484-0955)