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
$1,400,000
- 3 Beds
- - Baths
- 2,686 sq. ft.
- Multi-family
- Active
Listed by: taylor avakian
Office: lyon stahl investment real estate, inc.
MLS#:CL26638301
Source:CA_BRIDGEMLS
Price summary
- Price:$1,400,000
- Price per sq. ft.:$521.22
About this home
856 W 47th St | 4-Unit Multifamily in South Los Angeles. Classic 1914 asset renovated in 2025 featuring a rare duplex + (2) ADUs configuration totaling 4,510 SF on a 7,778 SF LARD2 lot. Desirable high-income unit mix with (4) 3-bed / 2-bath layouts and 4 on-site parking spaces. Property will be delivered with 3 of 4 units vacant at close, allowing immediate lease-up at the underwritten market rent of $3,150/month and faster stabilization. Two ADUs are non-rent controlled, providing enhanced rent-setting flexibility. Offered at $1,400,000 ($350,000/unit | $310/SF) with an 8.14% cap rate and 9.26 GRM, strongday-one yield in a high-demand South LA rental corridor.
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Home facts
- Year built:1914
- Listing ID #:CL26638301
- Added:8 day(s) ago
- Updated:January 23, 2026 at 03:47 PM
Rooms and interior
- Bedrooms:3
- Living area:2,686 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Wall Furnace
Structure and exterior
- Year built:1914
- Building area:2,686 sq. ft.
- Lot area:0.18 Acres
Finances and disclosures
- Price:$1,400,000
- Price per sq. ft.:$521.22
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