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550 W 47th Street

Los Angeles, CA 90037

– beds
– baths
– sqft
8,433 sqft lot
2020 build
– on site

Prime Multi-Unit Investment Opportunity in South Los Angeles. Rare chance to acquire a 2020 yr built high-yield, multi-unit completely vacant property in a desirable South Los Angeles location, just minutes from BMO Stadium, Exposition Park, and with easy access to the 110 Freeway (Vernon Exit). Ideal for investment or owner-user, this versatile property is well-suited for homeless shelters, interim transition housing, non-profit organizations, and government-backed master lease programs. Featuring four units with an impressive total of 32 master suite-style bedrooms and 32 bathrooms, each suite is equipped with a private bath and mini-split HVAC system for maximum comfort. The property also offers common dining areas and laundry facilities in each unit. Zoned R-2 with R-3 occupancy per COO, this unique asset presents significant flexibility and potential. Details and photos coming soon! Completely Vacant!

Listed By CRMLS_CA / Robert Lee / I & J Properties, Inc.

Last checked: Checking… • Last updated Mar 27, 2025 •

MLS# 25512351 —

This property is listed in more than one place. See it here.

The Building

Year Built:

2020
New Construction:

No
Construction Materials:

Concrete, Stucco
Building Area Total:

10602.00
Total Number Of Units:

4
# of Buildings:

2
Architectural Style:

Modern
Stories Total:

3

Interior

Levels:

Three Or More
Fireplace:

No
Fireplace:

None
Laundry:

Inside, Individual Room
Laundry:

1

Location

Directions:

West of Figueroa on 47th
Latitude:

34.00033700
Longitude:

-118.28398200

The Property

Property Type:

Residential Income
Zoning:

LARD2
Lot Size Area:

8433.0000
Lot Size Acres:

0.1936
Lot Size SqFt:

8433.00
View:

None
Security Features:

Gated Community
Land Lease:

No

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5018027019
Showings Begin:

2025-03-25

Heating & Cooling

Heating:

1
Heating:

Forced Air, Electric

Utilities

Sewer:

Sewer Paid

Appliances

Appliances:

Refrigerator, Gas Cooktop
Included:

Yes

The Community

Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

No

Parking

Parking:

Yes
Parking:

Tandem Garage, Garage - Two Door, Shared Driveway
Parking Spaces:

7.00
Garage Spaces:

2.00
Uncovered Spaces:

5.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/27/25 Mar 27, 2025	Price Changed	CRMLS_CA	$4,190,000	-2.3%
3/26/25 Mar 26, 2025	Listed / Active	CRMLS_CA	$4,290,000	666.1% (102.2% / YR)
11/26/24 Nov 26, 2024	Price Changed	BRIDGE

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This multifamily located in South LA, Los Angeles, CA 90037 is currently for sale for $4,190,000. 550 W 47th Street is a – square foot multifamily with – beds and – baths that has been on Estately for 3 days. 550 W 47th Street is in the South LA neighborhood of Los Angeles and has a WalkScore® of 77, making it very walkable. This multifamily is in the attendance area of Marguerite Poindexter Lamotte Elementary School, Dr. James Edward Jones Primary Center, John Muir Middle School, and Manual Arts Senior High School.

Listing Courtesy of: CRMLS_CA and I & J Properties, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 08:00 on Mar 29.

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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.