856 W 47th Street, Los Angeles, CA 90037
856 W 47th Street, Los Angeles, CA 90037
856 W 47th Street, Los Angeles, CA 90037
856 W 47th Street, Los Angeles, CA 90037
856 W 47th Street, Los Angeles, CA 90037
856 W 47th Street, Los Angeles, CA 90037
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$ 1,375,000
Est. payment | /mo

3 Beds

4,510 SqFt


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$ 1,375,000
Est. payment | /mo
Save

3 Beds

4,510 SqFt

Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,510 sqft

Price per Sqft $304

MLS Listing ID CL26638301

Bedrooms 3

HOA Y/N No

Year Built 1914

Lot Size 7,780 Sqft

Acres 0.18

Property Sub-Type OTHER

Property Description

856 W 47th St | 4-Unit Multifamily in South Los Angeles. Classic 1914 asset renovated in 2025 totaling 4,510 SF on a 7,778 SF LARD2 lot. The property features a desirable (4) 3-bed / 2-bath unit mix averaging approximately 1,106 SF and includes 4 on-site parking spaces. One unit is delivered vacant at close available to lease immediately at full market rent of $3,668 with no RFPA, no inherited lease. Two units are non-rent controlled ADUs, offering full rent reset flexibility at each vacancy. Offered at $1,375,000 ($343,750/unit | $304.88/SF) with an 8.29% in-place cap rate and 9.13 GRM, the property delivers strong current yield with meaningful additional upside as rents align toward market levels in a high-demand South Los Angeles rental corridor.

Location

State CA

County Los Angeles

Zoning LARD2

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Dryer

Exterior

Total Parking Spaces 4

Building

New Construction No

Others

Tax ID 5018011052

Bridge MLS
Listed by Taylor Avakian • Lyon Stahl Investment Real Estate, Inc.

Nearby Locations

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856 W 47th Street