856 47th Street, Los Angeles, CA 90037

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
856 47th Street,Los Angeles, CA 90037
$1,698,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:brenda hailey
Office:exp realty of greater los angeles, inc.
MLS#:BB25199896
Source:CAREIL

Price summary

  • Price:$1,698,000

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

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Home facts

  • Year built:2025
  • Listing ID #:BB25199896
  • Added:34 day(s) ago
  • Updated:October 09, 2025 at 04:31 PM

Heating and cooling

  • Cooling:Central Air, Window/Wall Unit
  • Heating:Central Forced Air, Multi Type

Structure and exterior

  • Roof:Shingle
  • Year built:2025
  • Lot area:0.18 Acres

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,698,000
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