860 West 47th Street

Los Angeles CA 90037

4764 sq. ft.

7777 sq. ft.

Other

Currently for sale - view listing

Overview

6% Cap Rate! We are pleased to offer the opportunity to acquire this fantastic 6 Unit Investment Property located in a desirable rental area. Original 1920's vintage front units in the heart of Los Angeles, very close to the 110 FWY and a short drive away from Downtown Los Angeles, the Coliseum Stadium, USC and BMO Stadium of LAFC. This property is well maintained. New roof added recently, low maintenance and long-term tenants. In Addition, the owner just finished building two new ADU's in the back for immediate opportunity to increase the rental income. Gated property with plenty of parking, each unit has 2 designated spaces.

Features

12 bedrooms

8 bathrooms

6 carspaces

4764 sq. ft. floor area

7777 sq. ft. lot size

Other

Property history for 860 West 47th Street

2020

Sold

$840,000

15 Dec 2020 by Gilbert Lujan, of Century 21 Valley Properties

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