680 47th

Los Angeles, CA, 90011

For Sale $2,000,000

11,853sqft
0.31acre

Shen Schulz (310) 980-8809shen@shenrealty.com

The subject property is a 20-unit apartment complex located in South Los Angeles, just east of the USC campus. The building consists of sixteen singles and four - one-bedroom units. The structure was built in 1924 and contains 11,853 square feet. It is situated on a 13,500 square foot lot which is zoned LAR2. The units are producing almost $20,000 per month and close to $240,000 annually. At list, the GRM is 8.33 and the Cost Per Unit is a very attractive $100,000 per unit. The day one cash flow is almost 8% based on a 35% down payment. Even with those attractive numbers, there is still plenty of upside in the rents, with most doubling upon turnover. This one will not last. Unit sizes are approximate. Buyers to rely on their own investigations

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Listed by:

Jerome McAlpin with McAlpin & Company

(310) 437-4172

680 47th is a Residential Income property located in Los Angeles, California, featuring a 0.310 acre lot, 11,853 sqft, MLS #26641103.

Based on information from one of the following Multiple Listing Services: CRMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Trestle and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements.

Data last modified: 2026-01-31 01:13:32