Property Details
About this Property
Located in the heart of South Los Angeles, this investment property has a strong upside potential in a neighborhood that’s actively transitioning and showing signs of revitalization. This four-unit property includes two income-producing units and two vacant units, offering flexibility for owner-occupied or investors ready to capitalize on rental demand. The area is seeing increased investment and development activity, making it an up-and-coming community with growing appeal. Positioned just 1.5 miles from the new Lucas Museum of Narrative Art (Star Wars Museum), 1.2 miles from the Natural History Museum, and just over a mile from the California Science Center and Children’s Science Center, this property sits at the intersection of culture, education, and innovation. It’s also only 1.3 miles from USC, making it an ideal opportunity for parents looking to avoid high dormitory costs by investing in housing for their student. Instead of paying rent, your child can live in one of the units while the others generate rental income—turning an expense into a wealth-building strategy. Adding even more value, the detached 3-car garage completely remodeled has excellent potential for conversion into an Accessory Dwelling Unit (ADU), which could provide additional income and boost over
MLS Listing Information
MLS #
CRSR26012599
MLS Source
California Regional MLS
Days on Site
19
Interior Features
Appliances
Other
Exterior Features
Roof
Shingle
Foundation
Raised
Pool
None
Style
Traditional
Parking, School, and Other Information
Garage/Parking
Gate/Door Opener, Garage: 3 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 2 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
961 W 47th St is a Residential Income in Los Angeles, CA 90037. This – square foot property sits on a 6,683 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,199,000 and was built in 1913. This address can also be written as 961 W 47th St, Los Angeles, CA 90037.
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This listing information is up-to-date as of February 01, 2026. For the most current information, please contact Angela Dominguez
