856 W 47th Street, Los Angeles, CA 90037
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
856 W 47th Street,Los Angeles, CA 90037
$1,375,000
- 12 Beds
- 8 Baths
- 4,510 sq. ft.
- Multi-family
- Active
Listed by: taylor avakian
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26638301
Source:CRMLS
Price summary
- Price:$1,375,000
- Price per sq. ft.:$304.88
About this home
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.
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Home facts
- Year built:1914
- Listing ID #:26638301
- Added:204 day(s) ago
- Updated:August 07, 2026 at 10:51 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:8
- Kitchen Description:Disposal, Microwave
- Living area:4,510 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Year built:1914
- Building area:4,510 sq. ft.
- Lot area:0.18 Acres
Finances and disclosures
- Price:$1,375,000
- Price per sq. ft.:$304.88
Features and amenities
- Appliances:Disposal, Dryer
- Laundry features:Dryer
Parking
- Total parking spaces:4
- Parking description:Driveway
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