816 W 47th ST, Los Angeles, CA 90037
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816 W 47th ST, Los Angeles, CA 90037
816 W 47th ST, Los Angeles, CA 90037
816 W 47th ST, Los Angeles, CA 90037
816 W 47th ST, Los Angeles, CA 90037
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$ 2,079,000
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816 W 47th ST Los Angeles, CA 90037

16 Beds

12 Baths

6,446 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,446 sqft

Price per Sqft $322

MLS Listing ID 26663623

Bedrooms 16

HOA Y/N No

Year Built 2020

Lot Size 8,533 Sqft

Property Description

We are pleased to present this new construction, 2020 year build 4-unit apartment community located at 816 W 47th St offered at a 12.74 GRM and 6.13% CAP on current rents with upside potential to achieve a 10.65 GRM and 7.39% CAP with proforma rents. This opportunity consists of two, two-story duplexes offering a total of 6,446 rentable square feet which sit on an 8,534 square foot LARD2 zoned lot with 6 onsite uncovered parking spaces in the rear. The unit mix consists of four (4) massive four bedroom three-bathroom units that average 1,611 square feet each. ALL UTILITIES are paid for by the tenants! Nearby amenities include the Gilbert Lindsay Recreation Center, Trader Joe's, the Ross Snyder Recreation Center, Superior Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LARD2

Interior

Fireplace No

Exterior

Parking Features Uncovered

Total Parking Spaces 6

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5018011054

Special Listing Condition Standard


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Listed by Casey Lins Kidder Mathews of California, Inc. #01902650

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816 W 47th ST