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603 W 47th Street, Los Angeles, CA 90037$1,990,000

10
beds
6
baths
4419
ft2
· 8424
ft2 lot
$450 / ft2

Listing provided courtesy of Walter Castillo, Coldwell Banker Residential Br
Source CRMLS;
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Price modified with the best Cap Rate in the Area...Exceptional Fourplex Near La Coliseum, Banc Of California Stadium, Exposition Park, And USC University. The Property features Four units. The front units each consist of two bedrooms and 1.5 baths, each with an open layout and four open parking spaces. Unit Three is two stories with three bedrooms, two baths, and a bonus room with a private entrance, exceptional kitchen with an island. Unit four has three bedrooms, two baths, an open layout with a large kitchen, and an island. It also features two-car garages and three-vehicle carports with plenty of extra parking space. Two of the units can be delivered vacant. This is a must-see property.

HOA

$0/month

On market

4 months

Year built

1924

Property type

Multi-Family

Parking

12

MLS

21791946

Price / Sq.Ft.

$450 / ft2

Status

Active

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Home details for 603 W 47th Street

Interior Features & Layout
Appliances
•   
Appliances: Built-In
•   
Has Appliances
•   
Security Features: Gated Community
Rooms Info
•   
Room Information: Bonus Room
Flooring
•   
Flooring: Tile, Laminate
Interior Size
•   
Building Area Total: 4419.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Assigned, Attached Carport, Carport, Direct Garage Access
•   
Garage Spaces: 2.00
•   
Carport Spaces: 2.00
Building Info
•   
Zoning: LARD2
•   
Stories Total: 2
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 4
Lot Info
•   
Lot Size Acres: 0.1934
•   
Lot Size Area: 8424.0000
•   
Lot Size Units: Square Feet
Property Features
•   
Property Condition: Updated/Remodeled
Exterior Features
•   
Direction Faces: South
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 4
•   
Number Of Separate Gas Meters: 4
Water & Sewer Info
•   
Sewer: Other
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 126000.00
•   
Total Actual Rent: 126000.00
•   
Total Expenses: 29875.00
•   
Gross Multiplier: 15.80
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 126000.00
•   
Tax Year: 2021
•   
Taxes: 8810.93
Lease Info
•   
Net Operating Income: 96125.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 2200.00
•   
Unit 3 Total Units: 3
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 2200.00
Unit 2 Information
•   
Unit 2 Actual Rent: 0.00
•   
Unit 2 Bedrooms: 3
•   
Unit 2 Total Units: 2
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 2
•   
Unit 2 Total Rent: 0.00
Unit 1 Information
•   
Unit 1 Bedrooms: 3
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 2
•   
Unit 1 Actual Rent: 2800.00
•   
Unit 1 Total Rent: 2800.00
Unit 4 Information
•   
Unit 4 Actual Rent: 0.00
•   
Unit 4 Total Units: 4
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 0.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Bedrooms: 2
Multi Unit Information
•   
# Of Units: 13
School Neighborhood & Directions
School Info
•   
Directions: West of Figueroa
Virtual Tour Link
Virtual Tour
•   
Virtual Tour Url Unbranded
Other
Calculation
•   
Dom: 105

Neighborhood snapshot

44
Properties for sale
13.5
Median days on market
$397.55
Median sold price/sqft
100.47%
Sold/List %
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Property History for 603 W 47th Street

01/18/2022
01/18/2022
CRMLS #21791946
active
CRMLS #21791946
$1,990,000
--7.44%
10/06/2021
10/06/2021
CRMLS #21791946
active
CRMLS #21791946
$2,150,000
+216.18%
03/27/2018
03/27/2018
Public Record
sold
Public Record
$680,000
+166.67%
12/16/2004
12/16/2004
Public Record
sold
Public Record
$255,000

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