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315 W 47th St, Los Angeles, CA 90037
5 Beds
5 Baths
2,451 sqft

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Growth Investment Group is proud to offer 315 W 47th street, an attractive investment opportunity conveniently located near Downtown Los Angeles. The property is a four unit apartment building comprised of three (3) 1bedroom+1bathroom units and one (1) 4bedroom+1bathroom unit with approximately 2,541 square feet. This opportunity is in a centralized area of Los Angeles with less than 3.5 miles from Downtown Los Angeles near University of Southern California (USC), Banc of California Stadium, Los Angeles Memorial Coliseum and Exposition Park. The site is surrounded by residential and multifamily residential communities. The area is comprised mostly of blue-collar hard working families with a historically low vacancy and high rental demand. The property has excellent street frontage, situated on 47th street in between Broadway and 110 FWY and a few blocks east of Figueroa Street. It provides easy access to the rest of the Greater Los Angeles area with close proximity to FWYs 110, 10 & 105. Los Angeles has a diverse economy driven by international trade, entertainment, aerospace, technology, fashion, tourism, finance, telecommunications, healthcare, and more. In 2017, the greater L. A area was ranked as the third-largest economic metropolitan area in the world with $1.0 Trillion of gross metropolitan product; and is the largest manufacturing center in the United States.
  • Price:
  • $738,000
  • Bedrooms:
  • 5
  • Full Baths:
  • 5
  • Square Footage:
  • 2,451
  • Acreage:
  • 0.10
  • Year Built:
  • 1922
  • Listing ID #:
  • AR20125940
  • Street Address:
  • 315 W 47th St
  • City:
  • Los Angeles
  • State:
  • California
  • Postal Code:
  • 90037
  • County:
  • Los Angeles
  • Community:
  • Not Defined
  • Listing Status:
  • Active
  • Basement Description:
  • Utility
  • Fireplace:
  • See Remarks
  • Fireplace:
  • 1
  • Flooring:
  • Tile
  • Number Of Floors In Unit:
  • One
  • Number Of Units:
  • 4
  • Total Building Square Footage:
  • 2451
  • View:
  • See Remarks
  • Year Built:
  • 1922
  • Year Built Source:
  • Public Records
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • Lard2
  • Lot Features:
  • 2-5 Units/Acre
  • Lot Square Footage:
  • 4566.00
  • Community Features:
  • Gutters, Sidewalks, Street Lights, Urban
  • Price Per Square Foot:
  • 301.10
  • Bathroom Description:
  • Bathtub
  • Bedroom Description:
  • All Bedrooms Down, Den, Family Room, Formal Entry, Kitchen, Main Floor Bedroom, Separate Family Room
  • Bedrooms On Main Level:
  • 4
  • Laundry:
  • 1
  • Laundry Description:
  • See Remarks
  • Cooling System:
  • See Remarks
  • Existing Water:
  • Public
  • Has Central Air Conditioning:
  • 1
  • Heating:
  • See Remarks
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Matthew Guerra of Gig Real Estate Inc. (: 02022646)
  • CRMLS

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