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$1,199,000
961 W 47th Street, Los Angeles, CA 90037
8Beds
4Baths
49Days Listed
Listed by Angela Dominguez, Rodeo Realty | 818-633-1077 | MLS# SR26012599
About This Property
Located in the heart of South Los Angeles,this investment property has a strong upside potential in a neighborhood thats 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 Childrens Science Center, this property sits at the intersection of culture, education, and innovation. Its 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 incometurning 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 overall property value. Just 1.4 miles from BMO Stadium, home of LAFC, this property is perfectly positioned to benefit from the continued transformation of South LA. With cultural landmarks, major institutions, and infrastructure upgrades nearby, this is a rare opportunity to invest in a rising neighborhood while
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 8
- Bathrooms
- 4
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 49
- Cumulative Days on Market
- 26
- Original Price
- $1,199,000
- MLS Number
- SR26012599
Location & Neighborhood
What's nearby 961 W 47th Street, Los Angeles, CA 90037
Nearby Schools
- Unnamed School0.1 mi
elementary
- Fifty-Second Street Elementary School0.4 mi
elementary
- Menlo Avenue Elementary School0.5 mi
elementary
Transit Access
- Vermont & 46th0.1 mi
Bus Stop
- Vermont & 48th0.1 mi
Bus Stop
- Vermont & Vernon0.2 mi
Bus Stop
- Vermont & 51st0.3 mi
Bus Stop
- Vernon & Kansas0.3 mi
Bus Stop
Local Amenities
POI data updated 1/31/2026
Los Angeles Market Snapshot
2,674
Active Listings
$732K
Median Price
100
Avg Days on Market
Last updated: Feb 12, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$1,199,000