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132 E 47th Pl, Los Angeles, CA 90011 - Main View

132 E 47th Pl, Los Angeles, CA 90011

List Price: $968,000

On market

Jul 8, 20252,818 sqft7 beds6 baths

Listed by: Elizabeth Wojtaszek

License #: 01878626

Phone #: 909-949-0605

RE/MAX CHAMPIONS

Source:

MLS #: IG25152205

Property Description

Investment Opportunity in Prime South LA! This well-maintained 6-unit property consists of two separate buildings on one lot, offering a solid rental income stream and long-term upside. Each unit is tenant-occupied with strong rents, making this a turnkey asset for savvy investors. Located in the high-demand 90011 zip code, this property benefits from consistent rental demand and proximity to major freeways, public transportation, Downtown LA, USC, and the upcoming South LA developments. Whether you're expanding your portfolio or seeking a 1031 exchange opportunity, this is a must-see multi-unit asset in one of LA’s most active rental corridors.

Get a detailed valuation report, schedule a tour or make an offer!

Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

DRE LICENSE #01997822

TurboHome Fair Market Estimate

TurboHome Savings

$13,797

TurboHome Estimated Value

$943,900

$335 sqft

High Valuation

$991,095

$352/sqft

Normal Valuation

$943,900

$335/sqft

Low Valuation

$896,705

$318/sqft

3rd Party Estimates

Source	$/sqft	Valuation
HouseCanary	$335/sqft	$943,900

Get a detailed valuation report, schedule a tour or make an offer!

Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

DRE LICENSE #01997822

Neighborhood: Southeast Los Angeles

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Comparative Value

$675K

$726K

$825K

$900K

$968K

$1.15M

151 W 52nd St, Los Angeles, CA 90037

Sale Price: $675,000

Selected Comparable

201 E 87th Pl, Los Angeles, CA 90003

Sale Price: $725,500

Selected Comparable

914 E Martin Luther King Jr Blvd, Los Angeles, CA 90011

Sale Price: $825,000

Selected Comparable

148 W 97th St, Los Angeles, CA 90003

Sale Price: $900,000

Selected Comparable

132 E 47th Pl, Los Angeles, CA 90011

List Price: $968,000

Subject Property

731 E Jefferson Blvd, Los Angeles, CA 90011

Sale Price: $1,150,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT