856 W 47th Street, Los Angeles, CA 90037

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
856 W 47th Street,Los Angeles, CA 90037
$1,300,000
  • 12 Beds
  • 8 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: taylor avakian
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26638301
Source:CRMLS

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Price summary

  • Price:$1,300,000

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:253 day(s) ago
  • Updated:September 25, 2026 at 07:10 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:8
  • Kitchen Description:Disposal, Microwave

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Year built:1914

Finances and disclosures

  • Price:$1,300,000

Features and amenities

  • Appliances:Disposal, Dryer
  • Laundry features:Dryer

Parking

  • Total parking spaces:4
  • Parking description:Driveway
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