526 534 W 47th St, Los Angeles, CA — listing photo 1
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FOR SALENew Listing

526 534 W 47th St

Los Angeles, CA 90037
15,467 Lot Sq Ft
$3,349,000

Property Overview

526–534 W 47th Street presents an opportunity to acquire two neighboring apartment buildings totaling 19 units in a central Los Angeles location. The properties feature eighteen 1-bedroom/1-bathroom units and one 3-bedroom/1-bathroom unit, with approximately 11,953 square feet of building area situated on approximately 15,467 square feet of land. Four units are currently vacant, providing an incoming investor with the opportunity to renovate and lease the units while benefiting from the property’s existing income. The revised setup sheet increased the current annual scheduled income from $356,568 to $356,904. The projected market income remains $521,400, and the rental upside still rounds to approximately 46%. The offering consists of two separate parcels, each containing fewer than 16 units, which generally eliminates the state requirement for an on-site resident manager. Conveniently located near the 110 Freeway, USC, Exposition Park, the Los Angeles Memorial Coliseum and Downtown Los Angeles, this offering provides attractive scale, immediate vacant-unit potential and meaningful long-term rental upside.

Home Details

Property type
Commercial Sale - Multi Family
Lot size
15,467 sq ft
Stories
2
Days on market
8
MLS status
Active

Features & Amenities

Lot

  • Rectangular Lot

Community, Schools & Utilities

Utilities

Water
Public
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Location & Neighborhood

526 534 W 47th St

Los Angeles, CA 90037

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Frequently Asked Questions About 526 534 W 47th St

Property type: Commercial Sale

The current asking price is $3,349,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 526 534 W 47th St. Our team will confirm availability and timing.
This property offers the living space reported in the listing. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 8 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

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Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: John Stiegler II
MLS ID: sbstiejoh

Available property

$3,349,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.