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
$1,698,000
- 12 Beds
- 8 Baths
- 4,510 sq. ft.
- Single family
- Active
Listed by:brenda hailey
Office:exp realty of greater los angeles, inc.
MLS#:CRBB25199705
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 7.13% and a gross rent multiplier (GRM) of 10.95, 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
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Home facts
- Year built:2025
- Listing ID #:CRBB25199705
- Added:1 day(s) ago
- Updated:September 07, 2025 at 03:12 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:8
- Full bathrooms:8
- Living area:4,510 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), 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
Utilities
- Water:Public
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
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