Investment Opportunity!!! Near USC, Downtown Los Angeles, with easy access to Hwys 110 and 10. Built in 1964. This property consists of 5 units in the City of Los Angeles. This building is tenant-occupied and will be delivered with tenants in place. It has a unit mix of one 1bedroom and four 2bedroom units. Great opportunity for an Investor or a buyer in a 1031 exchange. Includes one parking space per unit; 3 tuck-under and 2 uncovered spaces. Parking is assigned. Units are separately metered for gas and electricity. Owner pays for water and building electricity.
Off market
$996,800
1589 E 47th St, Los Angeles, CA 90011
10beds
5baths
3,496sqft
MultiFamily
Built in 1964
-- sqft lot
$996,800 Zestimate®
$285/sqft
$2,971 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
Cooling
- None
Interior area
- Total interior livable area: 3,496 sqft
Property
Parking
- Parking features: Carport
Lot
- Size: 6,059 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1964
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- Heating: Wall
- PropertyType: Residential Income
- SourceLivingArea: Vendor Enhanced
- SourceLotSizeArea: Vendor Enhanced
- Flooring: Mixed
- ListingArea: Downtown L.A.
- ParkingGarage: Carport
- Country: US
- ListingStatus: Active Under Contract
- UnitTypeType: 2106, 2107, 2108, 2109, 2110
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Estimated market value
$996,800