967 W 47th St - Residential LAND FOR SALE


Los Angeles, CA 90037- Vermont Harbor6,682 SF
$625,000 USD
310-279-7779
967 W 47th St, Los Angeles, CA for Sale
$625,000 USD
Residential LAND - FOR SALE
1/5
6,682 SF

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


HIGHLIGHTS

  • • A true value-add opportunity with a 4-unit building is centrally located on 47th Street, just east of Vermont Avenue and south of Vernon Avenue
  • • The 4-Unit apartment community is spread across three separate structures on a 6,682 square foot lot
  • • The units are separately metered for gas and electric meters, reducing ownership expenses
  • • Infill and dense rental location near Exposition Park and a short drive to Downtown LA and USC, which creates a high rental demand location
  • • The property offers significant upside in rents

OVERVIEW

Nami Investment Group is proud to present a true value-add opportunity with a four-unit apartment community located on 47th Street, just east of Vermont Avenue and south of Vernon Avenue near Exposition Park in Los Angeles. The offering consists of three separate structures situated on a generous 6,682 square foot lot, giving investors flexibility and potential for future redevelopment. Each unit is separately metered for gas and electricity, helping to keep operating expenses low and improving overall cash flow. The property is ideally positioned in a dense, high-demand rental market near Downtown Los Angeles, and USC, ensuring strong tenant demand and long-term stability. Investors will appreciate the significant upside in rents. This combination of location, existing income, and future potential makes it a compelling acquisition for value-focused investors.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/ACRE

$4,074,379/AC

PRICE/SF

$94 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

967 W 47th St

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

-

LAND ACRES

0.15 AC

LAND SF

6,682 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

5018-009-021

ASK ABOUT THIS PROPERTY

Sean NamiLyon Stahl Investment Real EstateMore Info
310-279-7779

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Sean NamiLyon Stahl Investment Real EstateMore Info
310-279-7779

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