856 W 47th St, Los Angeles, CA 90037
856 W 47th St, Los Angeles, CA 90037
856 W 47th St, Los Angeles, CA 90037
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$1,375,000
Est. payment /mo
12 Beds
8 Baths
4,510 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,510 sqft

Price per Sqft $304

MLS Listing ID 26638301

Bedrooms 12

Year Built 1914

Lot Size 7,780 Sqft

Acres 0.1786

Property Sub-Type Multi-Family

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

Area Los Angeles Southwest

Zoning LARD2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Equipment Microwave, Gas Or Electric Dryer Hookup, Electric Dryer Hookup, Dryer, Built-Ins, Garbage Disposal

Exterior

Parking Features Driveway

Garage Spaces 4.0

Building

Story 1

Level or Stories Multi/Split

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.

Nearby Locations

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Ever Banuelos
Ever Banuelos

Team Leader License ID: 01945384

+1(323) 833-9824 | ever.banuelos@gmail.com

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