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603 W 47th St, Los Angeles, CA, 90037
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603 W 47th St Los Angeles, CA, 90037

$2,250,000 $50,000 Home for sale 11 beds 4,429 sqft

Attention Investors and 1031 Exchangers: Profit-Generating Opportunity Awaits! Presenting a unique and lucrative four-unit property with market rents, this charming combination of Spanish-style duplex and modern duplex behind the gates will impress. The front units have been completely renovated, while the remaining units are newly constructed, all boasting excellent condition and market-value rents. Parking is plentiful, offering a combination of garages, carports, and open parking spaces to accommodate tenants comfortably. Comprising (2) 2-bedroom, 2-bathroom units, (1) 4-bedroom, 2-bathroom unit, and (1) 3-bedroom, 2-bathroom unit, each residence features open layouts with spacious kitchens and islands, perfect for modern living. Centrally located near public transportation and local freeways, this property is within minutes of USC University, the New Banc of California Stadium, Crypto.com Arena, and vibrant DTLA. Whether you're a seasoned investor or new to the market, this is an exceptional opportunity not to be missed. Reach out today for more details and secure your investment in this highly sought-after property!
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Property details

4,429 sqft interior area
Property type
Home
Interior area
4,429 sqft
View
None
Land area
8,276 sqft (0.19 acres)
Price per sqft
$508/sqft
Days on Verhouse
97
Address
603 W 47th St, Los Angeles, CA, 90037
City of California
Los Angeles
County
Los Angeles
Previous price
$2,300,000
nr.of parking places
9
Year Built
1924
District
Listing

Open Houses

No upcoming open houses

Interior Features

9 parking places, Laminate floors
Beds
11
Floors
Laminate
Parking
9
Garage & Parking
Other, Assigned
Heathing & Cooling
Wall Furnace
Amenities
Other

Listed by

Walter Castillo, Coldwell Banker Realty
Name
Walter Castillo
License number
01141632
Brokerage company
Coldwell Banker Realty
MLS #
CL24356505

Payment calculator

Calculate your monthly payments
Mortgage
$6,909
Taxes
$0
HOA dues
$0
$6,909 per month
Mortgage
$450,000 / 20%
2.28%
30 years
Your amount $6,909 / month

Lot details

TMK #5018029028
Parcel nr.
5018029028

90037 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data

People living in 90037

49%
Families with children
National average: 39%
32%
Non family households
730,269
Population
$55,784
Average Income

Age & gender

Median age 32 years
More info

Commute types

76% commute by car
More info

Education level

37% have not graduated education
More info

Number of employees

2% work in education and healthcare
More info

Vehicles available

35% have 1 vehicle
More info

Vehicles by gender

35% have 1 vehicle
More info

Housing market insights for

$829.28k
Neighborhood average
sales price*
$711.45k
Neighborhood median
sales price*
559
Number
of sales*

Housing type

45% are single detacheds
More info

Rooms

43% of the houses have 4 or 5 rooms
More info

Bedrooms

59% have 2 or 3 bedrooms
More info

Owners vs Renters

68% are renters
More info
12.67 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Price Decrease Mar 1, 2024
Date Event Price $/sqft Source
Mar 1, 2024 Price Decrease $2,250,000 -2.17% 508.02 MLS #CL24356505
Feb 8, 2024 New Listing $2,300,000 519.3 MLS #CL24356505

Taxes of 603 W 47th St, Los Angeles, CA, 90037

LARD zoning / MLS #CL24356505
Zoning
LARD

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Frequently Asked Questions about 603 W 47th St

What is 603 W 47th St?

603 W 47th St, Los Angeles, CA, 90037 is a single family home located in the city of Los Angeles, California with zipcode 90037. This single family home has 11 bedrooms with an interior area of 4,429 sqft.

Which year was this home built?

This home was build in 1924.

What is the full address of this Home?

603 W 47th St, Los Angeles, CA, 90037.

Are grocery stores nearby?

The closest grocery stores are Cal Mart Beer & Wine Food Store, 1.7 miles away and Northgate Supermarket, 1.72 miles away.

What is the neighborhood like?

The 90037 zip area has a population of 730,269, and 49% of the families have children. The median age is 32.83 years and 76% commute by car. The most popular housing type is "single detached" and 68% is renter.

Based on information from the bridgeMLS as of 05-14-2024. 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.

Listing last updated on: Mar 06, 2024
Verhouse Last checked 1 minute ago

603 W 47th St, Los Angeles, CA, 90037 is a single family home located in the city of Los Angeles, California with zipcode 90037. This single family home has 11 bedrooms with an interior area of 4,429 sqft on a 8,276 sqft sqft lot. This house was build in 1924.
The closest grocery stores are Cal Mart Beer & Wine Food Store, 1.7 miles away and Northgate Supermarket, 1.72 miles away.
The 90037 zip area has a population of 730,269, and 49% of the families have children. The median age is 32.83 years and 76% commute by car. The most popular housing type is "single detached" and 68% is renter.

*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.

Home For sale $2.25m  $50,000 603 W 47th St, Los Angeles, CA, 90037 11 beds / 4,429 sqft Save House Remove from Saved