961 W 47th ST Los Angeles CA 90037 MLS #SR26012599

961 W 47th ST
Los Angeles, CA, 90037
$1,199,000
Beds
0 Baths
0 SqFt
0.15 Acres
$1,199,000
961 W 47th ST
Los Angeles, CA, 90037
MLS #SR26012599 image #0
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.

Property Details

Price:
$1,199,000
MLS #:
SR26012599
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
c34losangelessouthwest
Listed Date:
Jan 29, 2026
Total Sq Ft:
2,772
Lot Size:
6,683 sqft / 0.15 acres (approx)
Year Built:
1913
TraditionalC34 – Los Angeles SouthwestC34losangelessouthwest

Schools

Interior

Laundry Features
GE, IN, WH

Exterior

Architectural Style
TRD
Community Features
SDW, PARK
Parking Spots
3
Roof
SHN

Financial

Net Operating Income
$79,764
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Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…

More About James

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Current real estate data for Single Family in Los Angeles as of Feb 12, 2026
6,280
Single Family Listed
69
Avg DOM
520
Avg $ / SqFt
$1,491,171
Avg List Price

Community

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Property Summary

    961 W 47th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90037. It is listed for $1,199,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1913. The average price per square foot for Single Family listings in Los Angeles is $520. The average listing price for Single Family in Los Angeles is $1,491,171. To schedule a showing of MLS#sr26012599 at 961 W 47th ST in Los Angeles, CA, contact your James Outland agent at 8057482262.
961 W 47th ST
Los Angeles, CA
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