Located in the heart of South Los Angeles, this investment property has a strong upside potential in a neighborhood that’s actively transitioning and showing signs of revitalization. This four-unit property includes two income-producing units and two vacant units, offering flexibility for owner-occupied or investors ready to capitalize on rental demand. The area is seeing increased investment and development activity, making it an up-and-coming community with growing appeal.
Positioned just 1.5 miles from the new Lucas Museum of Narrative Art (Star Wars Museum), 1.2 miles from the Natural History Museum, and just over a mile from the California Science Center and Children’s Science Center, this property sits at the intersection of culture, education, and innovation. It’s also only 1.3 miles from USC, making it an ideal opportunity for parents looking to avoid high dormitory costs by investing in housing for their student. Instead of paying rent, your child can live in one of the units while the others generate rental income—turning an expense into a wealth-building strategy.
Adding even more value, the detached 3-car garage completely remodeled has excellent potential for conversion into an Accessory Dwelling Unit (ADU), which could provide additional income and boost overall property value. Just 1.4 miles from BMO Stadium, home of LAFC, this property is perfectly positioned to benefit from the continued transformation of South LA. With cultural landmarks, major institutions, and infrastructure upgrades nearby, this is a rare opportunity to invest in a rising neighborhood while enjoying immediate and future gains. Some pictures have been virtually staged to create a vision for buyers.
Seller motivated to entertain all offers. PRICE TO SELL.
Listed by Angela Dominguez
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License #01127356
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Rodeo Realty
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818-633-1077
Last updated January 29, 2026
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Source: CRMLS #SR26012599
Listing Facts
TypeMulti-family
NeighborhoodVermont Square
Days on Prevu12
Amenities
Parking
Location
Mortgage Calculator
Listing History
01/18/2026
Listed by Rodeo Realty
$1,199,000
Property Details for 961 W 47th Street
Association
Amenities
Community Features: Park, Sidewalks
Exterior
Construction
Number Of Units Total: 4
Roof: Shingle
Stories: 1
Stories Total: 2
Year Built: 1913
Architectural Style: Traditional
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Main
Features
Fencing: Average Condition
Measurements
Building Area Total: 2,772
Building Area Units: Square Feet
Lot Features: 2-5 Units/Acre
Lot Size Acres: 0.15
Lot Size Area: 6,683
Lot Size Source: Assessor
Lot Size Square Feet: 6,683
Lot Size Units: Square Feet
Financial
Residential Income
Operating Expense: $23,436.00
Taxes
Parcel Number: 5018009022
Other
Location
Tax Lot: 70
Parking
Parking
Garage Spaces: 3
Garage: Yes
Parking Features: Garage, Garage Door Opener
Parking Total: 3
Utilities
Equipment
Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 961 W 47th Street.
Does this multi-family home have parking?
Yes, there are 3 parking spaces available for 961 W 47th Street.
How does 961 W 47th Street compare to other multi-family homes in Vermont Square?
This multi-family home is listed 5% above the average price for multi-family homes in Vermont Square and has been on the market for 100 less days than the typical home in this area.
961 W 47th Street is a -bedroom multi-family home for sale in Los Angeles CA 90037. On Prevu for 12 days at $1,199,000. This residence is located in Vermont Square. The median listing price for multi-family homes in this area is $839,750. The home offers parking. 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.