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11,953 sqft

$3,349,000

526 534 W 47th St, Los Angeles CA, 90037

Price per sqft$280.18
Built in1927
Property size11,953 sqft
Property typeCondominium
Listed by John Stiegler II CA DRE# 01981597 with Lyon Stahl Investment Real Estate, Inc. 310-447-2213

Overview

Active

Listed Aug 31, 2026

Updated 4 weeks ago

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. Based on projected market rents, the property offers approximately 46% upside in scheduled rental income, increasing from approximately $356,568 to $521,400 annually. 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.

$22,281/mo

Est. mortgage payment based on a $3,349,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SB26190326

Interior Features

Basement
No

Exterior Features

Lot Size
0.36 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by John Stiegler II CA DRE# 01981597 with Lyon Stahl Investment Real Estate, Inc. 310-447-2213

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/6/2026. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/6/2026 at 5:36 AM UTC Last Checked: 5:36 AM UTC

 

 

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