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961 W 47th Street Los Angeles, CA 90037

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For Sale
$1,199,000

Four-unit property with income potential in revitalizing South LA.

Type:Multifamily
Added:
Jan 17, 2026
Days on Market:
74
Last Refresh:
Mar 19 at 9:33 pm

Property Features for 961 W 47th Street

General Information

Standard status
Active
Property subtype
Multifamily

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Listing Contact
Angela Dominguez

Listing agent Angela Dominguez License #01127356

Listing office Rodeo Realty

Listing date Jan 17, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Rodeo Realty


Overview

South LA Investment Opportunity

Located in South Los Angeles, this four-unit investment property offers upside potential in a transitioning neighborhood. The property includes two income-producing units and two vacant units, providing flexibility for owner-occupiers or investors. The area is experiencing increased investment and development activity. Positioned 1.5 miles from the Lucas Museum of Narrative Art, 1.2 miles from the Natural History Museum, and just over a mile from the California Science Center and Children's Science Center, the property is located near cultural and educational institutions. It is also 1.3 miles from USC, presenting an opportunity for parents seeking housing for their students. A detached, remodeled 3-car garage has potential for conversion into an Accessory Dwelling Unit (ADU), which could provide additional income. The property is 1.4 miles from BMO Stadium. This property is positioned to benefit from the transformation of South LA.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.2904123
Latitude
34.0006666

FAQs

What type of property is this?
Quadplex - Four-unit property with income potential in revitalizing South LA.
Where is this quadplex located?
The property is located at 961 W 47th Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Strong income potential with two income‑producing units and two vacant units, offering flexibility.; Excellent location near major cultural attractions like the Lucas Museum and Natural History Museum.; Proximity to USC (1.3 miles) provides opportunity for parent‑investors to house students.
More about this property
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