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680 E 47th Street, Los Angeles CA 90011
California>Los Angeles>South Park

680 E 47th StreetLos Angeles, CA 90011

For Sale

$2,000,000

Smart Buyer Rebate $20,000

The subject property is a 20-unit apartment complex located in South Los Angeles, just east of the USC campus. The building consists of sixteen singles and four - one-bedroom units. The structure was built in 1924 and contains 11,853 square feet. It is situated on a 13,500 square foot lot which is zoned LAR2. The units are producing almost $20,000 per month and close to $240,000 annually. At list, the GRM is 8.33 and the Cost Per Unit is a very attractive $100,000 per unit. The day one cash flow is almost 8% based on a 35% down payment. Even with those attractive numbers, there is still plenty of upside in the rents, with most doubling upon turnover. This one will not last. Unit sizes are approximate. Buyers to rely on their own investigations

Listed by Jerome McAlpin

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License #00939725

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McAlpin & Company

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310-437-4172

Last updated January 29, 2026

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Source: CRMLS #26641103

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Park
  • Days on Prevu9
  • Size11,853 sqft
  • Price per sqft$169

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

01/21/2026
Listed by McAlpin & Company
$2,000,000

Property Details for 680 E 47th Street

Exterior

Construction

  • Number Of Units Total: 20
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1924

Measurements

  • Building Area Total: 11,853
  • Lot Size Acres: 0.31
  • Lot Size Area: 13,504
  • Lot Size Dimensions: 100,135
  • Lot Size Square Feet: 13,504
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.94
  • Gross Income: $239,965.00

Taxes

  • Parcel Number: 5108007007

Interior

Measurements

  • Living Area: 11,853

Parking

Parking

  • Parking Features: Uncovered

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 680 E 47th Street.

How does 680 E 47th Street compare to other multi-family homes in South Park?

This multi-family home is listed 107% above the average price for multi-family homes in South Park and has been on the market for 88 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 11,853 sqft.

680 E 47th Street is a -bedroom multi-family home for sale in Los Angeles CA 90011. On Prevu for 9 days at $2,000,000. This residence features 11,853 square feet of living space, located in South Park. The median listing price for multi-family homes in this area is $762,000. Additional amenities include parking. View other 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.

Full MLS Disclaimers

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.