856 W 47th Street, Los Angeles, CA 90037
Local realty services provided by:Better Homes and Gardens Real Estate Registry



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#:BB25157315
Source:SANDICOR
Price summary
- Price:$1,749,000
- Price per sq. ft.:$387.8
About this home
Dont 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 portfoliooffering 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 unitseach 912 square feet. These modern residences offer stylish vinyl plank flooring, quartz countertops, dual-pane energy-efficient windows, new water heaters, in-unit washer/dryer hookups, and fully paid-off solar panels for long-term energy savings. These units are not subject to rent control. The front duplex built in 1914 has been thoughtfully upgraded and includes two spacious 3-bedroom, 2-bathroom units, each over 1,300 square feet. These units also feature dedicated laundry rooms with washer/dryer hookups and updated interiors, providing comfort and convenience for tenants. The property has plenty of onsite parking as
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Home facts
- Year built:2025
- Listing Id #:BB25157315
- Added:32 day(s) ago
- Updated:August 27, 2025 at 02:00 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:8
- Full bathrooms:8
- Living area:4,510 sq. ft.
Heating and cooling
- Cooling:Central Forced Air, Wall/Window
- Heating:Combination Heating, Forced Air Unit
Structure and exterior
- Roof:Shingle
- Year built:2025
- Building area:4,510 sq. ft.
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,749,000
- Price per sq. ft.:$387.8
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