715 W 47th Street, Los Angeles, California 90037, Los Angeles, 90037 - 0 bed, 0 bath
Loading property details...
Los Angeles, California 90037
This modern Quadruplex represents a Strong Value Opportunity, listed at $2,800,000—positioned well below the $2,951,603 Fair Market Value by 5%. This valuation gap provides $151,603 in Instant Equity. With a Condition Rating of 2 (Turnkey), this 7,936 sqft asset features contemporary finishes and central air, minimizing capital expenditure. Ideally located near USC and Downtown Los Angeles, it offers high-yield rental potential. This is a prime acquisition for Buy-and-Hold Investors or Institutional Portfolios seeking stable, income-producing assets in a high-demand urban market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 715 W 47th Street Subject | $2,800,000* List Price | 0 | 0 | 7,936 | $372 | - |
A 1041 W Leighton Avenue 4 Active | $2,499,000 List Price | 0 | 0 | 6,000 | $417 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this property is less than 10 years old and features modern construction, contemporary finishes, and updated HVAC systems, requiring no maintenance.
Built in 2021, this 7,936 sqft quadruplex features contemporary finishes and central air conditioning, significantly reducing immediate capital expenditure and maintenance needs for investors.
Situated near USC, Exposition Park, and Downtown Los Angeles, the property is perfectly positioned to capture consistent demand from a large pool of student and professional tenants.
As a large-scale residential income property in a robust rental market, the substantial square footage and modern layout offer excellent potential for high-yield monthly revenue.
The majority of assigned public schools carry low ratings (ranging from 1 to 3), which may limit the appeal for long-term family renters and impact future resale value to certain buyer profiles.
With a current list price identical to its 2021 sale price of $2.8M, the property shows a lack of capital appreciation over the last five years, which may concern investors looking for equity growth.
The property is a modern quadplex featuring air conditioning and contemporary finishes throughout. Well positioned in a strong rental market, it offers excellent income-producing potential for investors. Conveniently located near the University of Southern California, Exposition Park, Downtown Los Angeles, and provides easy access to major freeways.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-2 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 7,936 | 2,250 |
| Lot Size | 8,276 | 5,864 |
| Price | $2.80M | $826.7K |
| Price per sq ft | $353 | $395 |
| Built year | 2021 | 1925 |
| HOA | $0 | $0 |
| Days on market | 27 | 83 |
Jun 25, 2026
$2,800,000
Initial Listing
Dec 8, 2021
$2,800,000
Public Record
Sep 26, 2019
$740,000
Public Record
Jun 11, 2018
$515,000
Public Record