$3,495,000

526 -534 W 47th Street, Los Angeles CA, 90037

Price per sqft$292.37

Built in1927

Property size11,954 sqft

Property typeCommercial

test courtesy

Overview

Active

Listed Aug 25, 2025

Updated Apr 10

Less than $184,000 per unit an Actual Cap Rate of 7.25% and Actual GRM of 10.04. Pro-Forma Cap rate of 12,14% and GRM of 6.66 . 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.

Additional information

MLS^® ID: 25628245

Interior Features

Bathrooms: 0

Exterior Features

Lot Size: 0.36 Acres

Broker Reciprocity Courtesy of Keller Williams Luxury, Shahram Pourebrahim

Website E2E - Playwright - Full Name

- Phone Number

[email protected] - Email

Jim Halpert - Brokerage Name

76321 - MLS License Number

Data last updated 6:50 AM UTC, 4/10/2026

Based on information from California Regional Multiple Listing Service, Inc. as of 4/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.