816 W 47th Street, Los Angeles, CA 90037
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816 W 47th Street, Los Angeles, CA 90037
816 W 47th Street, Los Angeles, CA 90037
816 W 47th Street, Los Angeles, CA 90037
816 W 47th Street, Los Angeles, CA 90037
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816 W 47th Street Los Angeles, CA 90037

16 Beds

6,446 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 6,446 sqft

Price per Sqft $322

MLS Listing ID CL26663623

Bedrooms 16

HOA Y/N No

Year Built 2020

Lot Size 8,534 Sqft

Acres 0.2

Property Sub-Type OTHER

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

Zoning LARD

Interior

Fireplace No

Exterior

Total Parking Spaces 6

Building

New Construction No

Others

Tax ID 5018011054


Bridge MLS
Listed by Casey Lins • Kidder Mathews of California, Inc.

NEARBY SCHOOLS & PROPERTIES

Weldon Killion

Weldon Killion

Broker Associate | License ID: CA 00959395, ID AB59565

+1(209) 459-0163

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816 W 47th Street