856 W 47th Street, Los Angeles, CA 90037

Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
856 W 47th Street,Los Angeles, CA 90037
$1,749,000
  • 12 Beds
  • 8 Baths
  • 4,510 sq. ft.
  • Single family
  • Active
Listed by:brenda hailey
Office:exp realty of greater los angeles, inc.
MLS#:CRBB25157315
Source:CA_BRIDGEMLS

Price summary

  • Price:$1,749,000
  • Price per sq. ft.:$387.8

About this home

Don’t miss this rare opportunity to own an income generating fourplex in one of Los Angeles’ most rapidly developing neighborhoods near USC! This exceptional property combines brand-new construction (2 units, built in 2025) and upgraded existing units (2 units) for a combined 4-unit investment property. The property has 3 units available for rent and 1 unit paying rent, making it ideal for investors looking to identify their own tenants and maximize cash flow. With a cap rate of 7.44% and a gross rent multiplier (GRM) of 10.47, this asset presents strong current returns and long-term appreciation in a high-demand rental market. This property is one of three 4-unit investment properties in the same area available in the portfolio—offering great opportunity for buyers looking to invest in an individual or multiple income-generating assets. At the rear of the property sits a newly built (2025) duplex, featuring two beautifully designed 3-bedroom, 2-bathroom units—each 912 square

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Home facts

  • Year built:2025
  • Listing Id #:CRBB25157315
  • Added:31 day(s) ago
  • Updated:August 15, 2025 at 02:32 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:8
  • Full bathrooms:2
  • Living area:4,510 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Heating:Central

Structure and exterior

  • Year built:2025
  • Building area:4,510 sq. ft.
  • Lot area:0.18 Acres

Finances and disclosures

  • Price:$1,749,000
  • Price per sq. ft.:$387.8