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140 W 47TH St

Los Angeles, CA 90037
  • $775,000
  • STATUS: Active
  • ON SITE: 83 Days
  • MLS #: 22-130640
UPDATED: 10 min ago
$775,000
  • 5
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,740
    SQFT
  • $445
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

Description

This Triplex totaling approximately 1,740 SF on 5,648 SF LA-R2 zoned land. The Triplex consists of 2- 2 bedroom / 1 bathroom units in the front and a 1 bedroom / 1 bathroom unit in the rear. There is on-site parking in the rear in addition to ample street parking. This offering will attract an investor looking for an income producing multi-family property in a densely populated area, just south of Downtown Los Angeles. The Offering is located at the south side of W. 47th St., between Broadway & Main St. The site is approximately 1.25 miles from of Banc of California Soccer Stadium & the Los Angeles Memorial Coliseum and 1.5 miles south of the University of Southern California Campus. It is also just south of Exposition Park; which consists of the California Science Center, Natural History Museum, California African American Museum, and the future George Lucas Museum. The area has a good walking score of 79!It is easily accessible, being just east of the 110 Freeway onramp and 2 miles south of Downtown Los Angeles. The demographics in the immediate area offer over 70,000 people residing within a 1-mile radius and approx. 475,000 people residing within a 3-mile radius.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-18T21:42:57.743. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/126083176
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140 W 47TH St Los Angeles, CA 90037

  • Price: $775,000
  • Status: Active
  • On Site: 83 Days
  • Updated: 10 min ago
  • MLS #: 22-130640
5
Beds
0
Baths
0
½ Baths
0.13
Acres
1,740
SQFT
$445
$/SQFT
1922
Built
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
Property Description
This Triplex totaling approximately 1,740 SF on 5,648 SF LA-R2 zoned land. The Triplex consists of 2- 2 bedroom / 1 bathroom units in the front and a 1 bedroom / 1 bathroom unit in the rear. There is on-site parking in the rear in addition to ample street parking. This offering will attract an investor looking for an income producing multi-family property in a densely populated area, just south of Downtown Los Angeles. The Offering is located at the south side of W. 47th St., between Broadway & Main St. The site is approximately 1.25 miles from of Banc of California Soccer Stadium & the Los Angeles Memorial Coliseum and 1.5 miles south of the University of Southern California Campus. It is also just south of Exposition Park; which consists of the California Science Center, Natural History Museum, California African American Museum, and the future George Lucas Museum. The area has a good walking score of 79!It is easily accessible, being just east of the 110 Freeway onramp and 2 miles south of Downtown Los Angeles. The demographics in the immediate area offer over 70,000 people residing within a 1-mile radius and approx. 475,000 people residing within a 3-mile radius.
Exterior Features

Cross Streets S. Broadway & 47th St. Direction Faces North Lot Location City Lot Size Area 5648 Other Structures None Parking Garage Driveway Patio Features None Pool Description None Pool YN No Spa None Spa YN No Sprinklers None Tennis Court None Tennis YN No Total Parking 0 View Description None View YN No Water Frontage None

Interior Features

Baths Total 3.00 Common Walls Attached Cooling None Equipment None Heating Wall Laundry None Water Heater Features Gas

Property Features

Alley YN Yes Assessed Total Value 444962 Gross Income 50628 Gross Operating Income 50628 Like Units1 2 Like Units2 1 Net Operating Income 36534.00 Number Of Buildings 2 Number Of Units 3 Rent Control YN Yes Sale Type Standard Security Features Gated Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 14094 Type Of Units Residential Water Water District Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar2

Listing provided courtesy of David Yashar DRE#01102638 of Keller Williams Realty.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-18T21:42:57.743. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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