605 W 47th St Los Angeles, CA 90037

WOW..WOW..WOW 5.97 Cap Rate.....Turnkey Four Units. Fully Renovated. Prime Investment & Owner-User Opportunity, Just reduced for immediate action! An exceptional opportunity to own a fully reimagined four-unit income property minutes from USC, the LA Coliseum, and Expo Park. Perfect for investors, 1031 exchange buyers, or owner-users seeking to occupy one unit and collect income from the rest. Expertly restored by a seasoned contractor, this luxury fourplex blends classic Los Angeles architecture with modern design and functionality. Each unit features upgraded kitchens with stainless-steel appliances, quartz countertops, in-unit laundry, wall A/C units, designer fixtures, and new flooring throughout, delivering both style and efficiency. Currently tenant-occupied and producing strong income, the property offers immediate cash flow with long-term upside potential in one of LA's most dynamic and appreciating rental corridors. The gated grounds and thoughtful layout provide privacy, comfort, and ease of management, making this an ideal turnkey, low-maintenance asset. Centrally located near major employment hubs, universities, transit lines, and future development zones, this property offers unbeatable convenience and growth potential. Whether expanding your portfolio or securing a home with built-in income, this fourplex checks all the right boxes. Shown by appointment only please do not disturb occupants.