Less than $195,000 per unit an Actual Cap Rate of 6.8% and Actual GRM of 10.61. Pro-Forma Cap rate of 11.43% and GRM of 7.05 . Well-Maintained 19-Unit Multifamily property on a Large Double Lot Approx. 15,464 sq. ft. lot located at 526-534 W. 47th St., Los Angeles, CA 90037. This offering includes two adjacent parcels: APNs 5018-027-015 and 5018-027-016. Many units have been fully remodeled and upgraded. Located just minutes south of USC, BMO Stadium, and near shops and restaurants. Situated in a rapidly gentrifying neighborhood with significant development potential. Potential to build affordable or low-income housing, (buyer to verify). Tremendous upside once units are turned. Four units may be delivered vacant at close of escrow. Convenient access to the 110 Freeway, public transits, and local amenities. No on-site manager required. Drive-by only, please do not disturb tenants. For further details, call or text the listing agent.
Listed by Shahram Pourebrahim
·
License #01742690
·
Keller Williams Luxury
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213-926-1776
Last updated December 03, 2025
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Source: CRMLS #25582509
Listing Facts
TypeMulti-family
NeighborhoodVermont Square
Bedrooms21
Days on Prevu110
Size11,954 sqft
Price per sqft$309
Location
Mortgage Calculator
Listing History
11/22/2025
Price Decreased
$3,695,000
11/15/2025
Price Decreased
$3,825,000
10/29/2025
Price Decreased
$3,990,000
10/26/2025
Status changed to Active
$4,275,000
10/23/2025
Status changed to Removed from Feed
$4,275,000
10/17/2025
Status changed to Active
$4,275,000
10/17/2025
Price Decreased
$4,275,000
10/06/2025
Status changed to Withdrawn
$4,725,000
10/05/2025
Status changed to Active
$4,725,000
10/03/2025
Status changed to Removed from Feed
$4,725,000
09/21/2025
Status changed to Active
$4,725,000
09/20/2025
Status changed to Removed from Feed
$4,725,000
09/12/2025
Status changed to Active
$4,725,000
09/09/2025
Status changed to Removed from Feed
$4,725,000
09/08/2025
Status changed to Active
$4,725,000
09/06/2025
Status changed to Removed from Feed
$4,725,000
09/05/2025
Status changed to Active
$4,725,000
09/04/2025
Status changed to Removed from Feed
$4,725,000
08/25/2025
Listed by Keller Williams Luxury
$4,725,000
Property Details for 526 -534 W 47th Street
Association
Amenities
Community Features: Gated
Exterior
Construction
Number Of Units Total: 19
Property Condition: Updated/Remodeled
Stories: 1
Stories Total: 6
Year Built: 1927
Construction Materials: Stucco
Measurements
Building Area Total: 11,954
Lot Size Acres: 0.35
Lot Size Area: 15,464
Lot Size Source: Assessor
Lot Size Square Feet: 15,464
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 6.8
Gross Income: $348,264.00
Taxes
Parcel Number: 5018027016
Interior
Features
Appliances: Refrigerator
Fireplace Features: Kitchen, Living Room
Fireplace: Yes
Measurements
Living Area: 11,954
Living Area Source: Assessor
Rooms
Bathrooms Total Integer: 19
Bedrooms Total: 21
Parking
Parking
Parking Features: On Street
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Sewer: Other,Sewer Tap Paid
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 21 bedrooms in this multi-family home at 526 -534 W 47th Street.
How does 526 -534 W 47th Street compare to other multi-family homes in Vermont Square?
This multi-family home is listed 224% above the average price for multi-family homes in Vermont Square and has been on the market for 2 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 11,954 sqft.
526 -534 W 47th Street is a 21-bedroom multi-family home for sale in Los Angeles CA 90037. On Prevu for 110 days at $3,695,000. This includes a recent price decrease of $130,000. This property features 11,954 square feet of living space, located in Vermont Square. The median listing price for multi-family homes in this area is $839,750. Explore more multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.