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12-Bedroom ResidentialIncome — 856 W 47th Street, Los Angeles, CA

$1,375,000

856 W 47th Street, Los Angeles, CA

$1,375,000 — 856 W 47th Street, Los Angeles, CA — photo 1 $1,375,000 — 856 W 47th Street, Los Angeles, CA — photo 2 $1,375,000 — 856 W 47th Street, Los Angeles, CA — photo 3 $1,375,000 — 856 W 47th Street, Los Angeles, CA — photo 4 $1,375,000 — 856 W 47th Street, Los Angeles, CA — photo 5
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About this property

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.

Property details

Bedrooms
12
Bathrooms
8
Square feet
4,510
Year built
1914
Property type
ResidentialIncome

Location

856 W 47th Street • Los Angeles, CA 90037

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Listed by

Taylor Avakian · Lyon Stahl Investment Real Estate, Inc.

Listing courtesy of Lyon Stahl Investment Real Estate, Inc.. Information deemed reliable but not guaranteed.

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