#SB25105139, Brett Lyon, Listing office: Lyon Stahl Investment Real Estate, Inc.
#SR25070265·
Listing office: Keller Williams North Valley·
Listing agent: Angela Dominguez·
Listing office phone: 818-633-1077
$1,228,520 List price
961 W 47th St Los Angeles, CA 90037
0.2 acres
Multi-Family
Property details
About 961 W 47th St
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 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 s a rare opportunity to invest in a rising neighborhood while enjoying immediate and future gains. Seller motivated to entertain the best and highest offers. PRICE TO SELL.
Highlights
Home typeQuadruplex
StatusActive
Lot size0.1534 Acres
Year built1913
ParkingGarage, Garage Door Opener
MLS #SR25070265
Garage3 spaces
Summary
- Fireplace: None
- Garage Space: 3 spaces
- Private Pool: No
- Parking: Garage, Garage Door Opener
- List Price: $1,228,520
- Annual Tax Amount: $13,736
- Tax Year: 2024
- Directions: S of Vernon Ave/ E of Vermont Ave
- Year Built: 1913
- Stories: 2
- Lot Size: 0.1534 Acres
- MLS Number: SR25070265
- MLS Name: CRMLS
- Office Name: Keller Williams North Valley
- Office Phone: (818) 633-1077
- Listing Agent: Angela Dominguez
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/12/2025, 12:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 13, 2020 | Home Sold | $1,040,000 |
| Apr 20, 2018 | Home Sold | $495,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,103,655 | $13,736 |
| 2023 | $1,123,632 | $13,976 |
| 2022 | $1,060,800 | $12,860 |
| 2021 | $1,040,000 | $12,695 |
| 2020 | $514,998 | $6,399 |
| 2019 | $504,900 | $5,338 |
| 2018 | $414,782 | $840 |
| 2017 | $38,807 | $840 |
History based on county public records data.
Nearby schools
3
Marguerite Poindexter LaMotte Elementary School
Public District KG-5
0.2 mi
•4410 Orchard Ave
3
Icef Innovation los Angeles Charter
Public Charter KG-5
0.3 mi
•5029 S Vermont Ave
3
Kipp Vida Preparatory Academy
Public Charter KG-4
0.3 mi
•4410 S Budlong Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $22,083. Typical income of Los Angeles, CA residents is less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
76%
<35k
23%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
38%
Single, No Kids
29%
Single, with Kids
8%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
9%
12-17 yrs old
30%
18-34 yrs old
34%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
Ross Dress For Less
H&M
Burlington
Where do the neighbors go to eat?
Jack In The Box
Boston Market
White Castle
What do the neighbors drive?
Nissan
Honda
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 961 W 47th St
The listing price of 961 W 47th St property is $1,228,520.
The property 961 W 47th St is a multi located in Los Angeles, California, 90037.
Active Listing: 961 W 47th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 961 W 47th St are: Marguerite Poindexter LaMotte Elementary School (GreatSchools Rating 3/10), Icef Innovation los Angeles Charter (GreatSchools Rating 3/10), Kipp Vida Preparatory Academy (GreatSchools Rating 3/10), Isana Himalia Academy (GreatSchools Rating 4/10), John Muir Middle School (GreatSchools Rating 2/10), Alliance College-Ready Middle Academy 12 (GreatSchools Rating 4/10), Manual Arts High School (GreatSchools Rating 3/10), Ednovate - Usc Hybrid High College Preparatory (GreatSchools Rating 8/10), Alliance Patti and Peter Neuwirth Leadership Academy (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $13,736 (source: MLS/based on county public records data).
The last sale was on August 13, 2020 for $1,040,000 (source: MLS/tax record).
The year of construction for 961 W 47th St is 1913.
This home is located at 961 W 47th St in Los Angeles, CA and zip code 90037 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 1, 2025 and is currently priced at $1,228,520.
Los Angeles, CA housing market in June 2025 saw over 282 listings sold above listed price, more than 108 sold at listed price and over 339 sold below. The inventory of homes for sale in Los Angeles, CA between May and June 2025 increased by 9%. In June 2025, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $876,067.
From Rocket Homes Real Estate and based on county public records data.