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724 W 47th Street, Los Angeles, CA 90037

Triplex · 2 recorded sales since 2017

724 W 47th Street, Los Angeles, CA 90037 Sold June 2018 CRMLS
$715,000Sold June 2018

Listing Agent: Tina Shin (DRE #01754835) · Listing Office: Emet Lending Group, Inc. · Contact: 714-449-3363 · Bought with: Amador Contreras Mendoza · Keller Williams Realty · MLS #PW18090501 · Source: CRMLS

7,868 sqft
Lot Size
1930
Year Built
Triplex
Type
1
Stories
0
Garage

About this triplex

Great opportunity for investors!
 Triplex with 3 beds/ 1 bath (unit 724) $1,390/mo, 2 beds/ 1 bath (unit 726) $1,700/mo, and 2 beds/ 1 bath (back unit 724 1/2) - $2000/mos
 All three units have been upgraded with brand new kitchen cabinets. Great renters.
 The third unit 724 1/2, is a separate detached in the back with 2 bed/ 1 bath. This unit has just been rented.
 There is plenty of parking space inside the complex for each unit.
 Units 726 and 724 1/2 also have brand new paint and LED lighting. Both have new tile floors with upgraded and newly remodeled bathrooms. 
 Please don't disturb tenants. Cap rate is 5.20%. Plenty of shopping and transportation. Property is close to downtown LA, USC campus, the LA Coliseum, and the upcoming George Lucas $1-billion art museum. Easy access to all freeways.
 MUST SEE Property! GREAT OPPORTUNITY! Being sold “as is”.

Listing description from the June 2018 sale, as reported to CRMLS.

Sale history

$715,000
Sold June 2018 · listed $699,000, on market April 2018 · MLS #PW18090501 · Source: CRMLS
Listing Agent: Tina Shin · Listing Office: Emet Lending Group, Inc. · Contact: 714-449-3363 · Bought with: Amador Contreras Mendoza · Keller Williams Realty
$500,000
Sold August 2017 · listed $479,000, on market June 2017 · MLS #17246464 · Source: CRMLS
Listing Agent: Eliza Kerndian · Listing Office: Keller Williams Rlty Westside · Contact: 310-482-2500 · Bought with: Jimmy Hwang · Realty One Group- Prime
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