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816 47th Street, Los Angeles, CA 90037
Priced at Only: $2,079,000
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Address: 816 47th Street, Los Angeles, CA 90037
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816 47th Street
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  • MLS#: 26663623 ( )
  • Street Address: 816 47th Street
  • Viewed: 1
  • Price: $2,079,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2020
  • Bldg sqft: 0
  • Days On Market: 33
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90037
  • Provided by: Kidder Mathews of California, Inc.
  • Contact: Casey Casey
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are pleased to present this new construction, 2020 year build 4 unit apartment community located at 816 W 47th St offered at a 12.74 GRM and 6.13% CAP on current rents with upside potential to achieve a 10.65 GRM and 7.39% CAP with proforma rents. This opportunity consists of two, two story duplexes offering a total of 6,446 rentable square feet which sit on an 8,534 square foot LARD2 zoned lot with 6 onsite uncovered parking spaces in the rear. The unit mix consists of four (4) massive four bedroom three bathroom units that average 1,611 square feet each. ALL UTILITIES are paid for by the tenants! Nearby amenities include the Gilbert Lindsay Recreation Center, Trader Joe's, the Ross Snyder Recreation Center, Superior Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information.
Features
Building Area Total
  1. 6446.00
Common Walls
  1. 1 Common Wall
Country
  1. US
Levels
  1. Two
Netoperatingincome
  1. 127493.00
Parcel Number
  1. 5018011054
Parking Features
  1. Uncovered
Postalcodeplus4
  1. 2910
Sourcesystemkey
  1. 26663623:CLAW
Totalexpenses
  1. 35708.00
Year Built
  1. 2020
Year Built Source
  1. Assessor
Zoning
  1. LARD2
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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