550 W 47th St - Apartments FOR SALE


Los Angeles, CA 90037- Vermont Harbor
$3,850,000 USD
213-925-3632
550 W 47th St, Los Angeles, CA for Sale
$3,850,000 USD
Apartments - FOR SALE
1/48
null | Request Cap Rate

550 W 47th St
Los Angeles, CA 90037
Vermont Harbor


OVERVIEW

SOLID CASH FLOW, Great Investment Property, Stream of Income for over 6.1% CAP Prime Multi-Unit Investment Opportunity in South Los Angeles. Rare chance to acquire a 2020 yr built high-yield, multi-unit property in a desirable South Los Angeles location—just minutes from BMO Stadium, Exposition Park, and with easy access to the 110 Freeway (Vernon Exit). This versatile property is well-suited for homeless shelters, interim transition housing, non-profit organizations, and government-backed master lease programs. The Rent Roll is current and the lease has commenced as as May 1 2025. Featuring four units with an impressive total of 32 master suite-style bedrooms and 32 bathrooms, each suite is equipped with a private bath and mini-split HVAC system for maximum comfort. The property also offers common dining areas and laundry facilities in each unit. Zoned R-2 with R-3 occupancy per COO, this unique asset presents significant flexibility and potential. ?? For more information, contact Listing Agent Robert Lee at (213) 925-3632 or robert.lee@injproperties.com.

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$377 USD /SF

# OF UNITS

32

PRICE/UNIT

$120,313

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2020

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,139 SF

ZONING

LARD2

APN/PARCEL ID

5018-027-019

ASK ABOUT THIS PROPERTY

Robert LeeI & J Properties, Inc.More Info
213-925-3632

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Robert LeeI & J Properties, Inc.More Info
213-925-3632

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.