605 W 47th St - Apartments FOR SALE


Los Angeles, CA 90037- Vermont Harbor
$1,900,000 USD
213-792-0940
605 W 47th St, Los Angeles, CA for Sale
$1,900,000 USD
Apartments - FOR SALE
1/15
null | 5.85% Cap Rate

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


HIGHLIGHTS

  • Near Coliseum
  • Near USC University

OVERVIEW

Turnkey Income Property | Fully Renovated Fourplex | Prime LA Location Incredible opportunity to own a beautifully reimagined four-unit luxury residence just minutes from the LA Coliseum, USC, and Expo Park. Perfect for 1031 exchange buyers and savvy investors, this fully renovated property offers immediate cash flow, long-term upside, and timeless curb appeal in one of LA’s most rapidly appreciating neighborhoods. Expertly restored by a seasoned contractor, each unit showcases modern, high-end finishes while preserving the classic charm of LA architecture. Highlights include stainless steel appliances, quartz countertops, in-unit laundry, wall A/C units, designer fixtures, and updated flooring throughout. The property is tenant-occupied and income-producing—ideal for buyers seeking a low-maintenance, stabilized asset with strong market rents. Gated for privacy and thoughtfully laid out to maximize comfort and functionality, this fourplex checks all the boxes for long-term performance. Strategically located near major employment centers, cultural destinations, public transit, and future development zones, this is a rare chance to secure a premium income-generating property in a high-demand rental market. Shown by appointment only—please do not disturb tenants.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$430 USD /SF

# OF UNITS

10

PRICE/UNIT

$190,000

CAP RATE

5.85%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

LARD2

APN/PARCEL ID

5018-029-028

ASK ABOUT THIS PROPERTY

Walter CastilloColdwell Banker CommercialMore Info
213-792-0940

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Walter CastilloColdwell Banker CommercialMore Info
213-792-0940

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