This rare 4-unit apartment building, built in 2020, offers an exceptional lease or investment opportunity with **32 master suites**, each featuring a private bathroom for ultimate tenant privacy. Ideally located south of Exposition Park, the Coliseum, and BMO Stadium, with convenient access to the 110 Freeway, this property is perfectly positioned for high rental demand. The thoughtfully designed layout includes two front and two rear units. Units #550 and #550 1/2 each feature 8 bedrooms and 8 bathrooms with a common dining area and kitchen on the second floor. Unit #552 boasts 9 bedrooms and 9 bathrooms, while Unit #552 1/2 offers 7 bedrooms, 7 bathrooms, and a tandem garage, both with shared dining and kitchen spaces. All four units are equipped with their own laundry rooms located on the third floor. This property’s unique configuration makes it an ideal option for local housing providers and partnerships with government agencies. Don’t miss the opportunity to secure a one-of-a-kind income-generating asset in a prime location.
Property Details
Price:
$28,900
MLS #:
24467377
Status:
Active
Baths:
0
Address:
550 W 47th Street
Type:
Commercial
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Nov 26, 2024
State:
CA
ZIP:
90037
Lot Size:
8,433 sqft / 0.19 acres (approx)
Year Built:
2020
Schools
Interior
Heating
Electric
Exterior
Electric
Standard
Parking Spots
8.00
Roof
Flat
Security Features
Gated Community
Stories Total
3
Financial
Utilities
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Map
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Courtesy of I & J Properties, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
550 W 47th Street
Los Angeles, CA
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