856 W 47th Street, Los Angeles, CA 90037
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
856 W 47th Street,Los Angeles, CA 90037
$1,698,000
- - Beds
- - Baths
- 4,510 sq. ft.
- Multi-family
- Active
Listed by:brenda hailey
Office:exp realty of greater los angeles, inc.
MLS#:CRBB25199896
Source:CAMAXMLS
Price summary
- Price:$1,698,000
- Price per sq. ft.:$376.5
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 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
Contact an agent
Home facts
- Year built:2025
- Listing ID #:CRBB25199896
- Added:1 day(s) ago
- Updated:September 07, 2025 at 03:20 PM
Rooms and interior
- Living area:4,510 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall/Window Unit(s)
- Heating:Central
Structure and exterior
- Roof:Shingle
- Year built:2025
- Building area:4,510 sq. ft.
- Lot area:0.18 Acres
Finances and disclosures
- Price:$1,698,000
- Price per sq. ft.:$376.5
Bay East 2025. CCAR 2025 bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at September 7, 2025New listings near 856 W 47th Street
- New
$3,299,900Active4 beds 4 baths3,632 sq. ft.11372 Dona Teresa Drive, Studio City (los Angeles), CA 91604
MLS# CRSW25201187Listed by: DAVID AND COMPANY - New
$850,000Active5 beds -- baths1,855 sq. ft.462 E 32nd Street, Los Angeles, CA 90011
MLS# CL25588537Listed by: WORKINGMONI, INC - New
$525,000Active2 beds 2 baths1,198 sq. ft.20027 Community Street #54, Winnetka, CA 91306
MLS# SR25200135Listed by: REAL BROKERAGE TECHNOLOGIES, INC. - New
$599,000Active2 beds 2 baths1,323 sq. ft.4915 Tyrone Avenue #234, Sherman Oaks, CA 91423
MLS# CL25585789Listed by: DATASHARE CR DEFAULT OFFICE DON'T DELETE - New
$1,698,000Active12 beds 8 baths4,510 sq. ft.856 W 47th Street, Los Angeles, CA 90037
MLS# CRBB25199705Listed by: EXP REALTY OF GREATER LOS ANGELES, INC. - New
$879,000Active0.19 Acres615 W 120th Street, Los Angeles, CA 90044
MLS# CRCV25195063Listed by: MICHELLE LOWE REAL ESTATE - New
$850,000Active3 beds 1 baths900 sq. ft.25212 Normandie Avenue, Harbor City (los Angeles), CA 90710
MLS# CRDW25200825Listed by: EXECUTIVE BANKERS REALTY - New
$1,499,999Active3 beds 2 baths1,812 sq. ft.8369 Vine Valley Drive, Sun Valley (los Angeles), CA 91352
MLS# CRGD25198940Listed by: ABRA INC. - New
$1,199,999Active-- beds 1 baths731 sq. ft.768 N Avenue 50, Los Angeles, CA 90042
MLS# CROC25197606Listed by: THE LISTING BROKERAGE
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.