603 W 47th Street
Los Angeles, CA 90037
- – beds
- – baths
- – sqft
- 8,276 sqft lot
- 1924 build
- – on site
Exceptional Four-Unit Investment Property with High Market-Rate Rents & Prime LA Location. Unlock the potential of this high-performing, fully upgraded four-unit property, a rare opportunity for investors seeking strong cash flow and long-term appreciation. This standout asset seamlessly blends classic charm and modern sophistication, offering the perfect combination of style, convenience, and profitability. Behind the secure gated entry, you'll find a beautifully restored Spanish-style duplex in the front and a newly constructed modern duplex in the rear, featuring two garages and a covered carport, a premium feature in this high-demand rental market. Property Highlights: (2) Two-bedroom, two-bath units (1) Four-bedroom, two-bath unit with an extra-large bonus room (1) Three-bedroom, two-bath unit Stylish, open-concept layouts with chef's kitchens, oversized islands, and high-end finishes. Ample parking, including garages, carports, and open spaces, ensures convenience for tenants. Prime central location with easy access to USC, Banc of California Stadium, Crypto.com Arena, major freeways, public transit, and Downtown LA Smart Investment Opportunity. This turnkey, income-generating property is designed for maximum rental appeal in one of LA's most sought-after neighborhoods. With market-rate rents, high tenant demand, and appreciating property values, this is an unbeatable opportunity for investors looking to expand their portfolio with a premium, cash-flowing asset. Don't miss out! Contact us today to schedule a private tour and secure this incredible investment.
Last checked:
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Last updated Mar 13, 2025
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MLS# 25510483 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1924
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New Construction:No
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Building Area Total:4278.00
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Total Number Of Units:4
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# of Buildings:2
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Architectural Style:Contemporary
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Roof:Shingle
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Stories Total:2
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# of Separate Gas Meters:4
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# of Separate Electric Meters:4
Interior
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Levels:Two
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Flooring:Laminate, Tile
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Laundry:Inside
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Laundry:1
Financial & Terms
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Disclosures:Rent Control
Location
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Directions:West of Figueroa
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Latitude:34.00098800
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Longitude:-118.28431500
The Property
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Property Type:Residential Income
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Property Condition:Updated/Remodeled
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Zoning:LARD2
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Lot Size Area:8276.0000
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Lot Size Acres:0.1900
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Lot Size SqFt:8276.00
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View:None
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Security Features:Gated Community
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Additional Parcels:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5018029028
Utilities
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Sewer:Other
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Water Source:Public
Appliances
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Appliances:Built-In
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Included:Yes
The Community
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
Parking
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Parking:Yes
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Parking:Assigned, Garage Door Opener, Direct Garage Access
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Parking Spaces:11.00
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Garage Spaces:2.00
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Uncovered Spaces:8.00
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Carport Spaces:1.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/12/25
Mar 12, 2025
|
Listed / Active | CRMLS_CA | $1,999,000 | 194.0% (27.9% / YR) |
|
5/31/22
May 31, 2022
|
Sold | BRIDGE | ||
|
1/18/22
Jan 18, 2022
|
Price Changed | CRMLS_CA |
