856 W 47th ST, Los Angeles, CA 90037
856 W 47th ST, Los Angeles, CA 90037
856 W 47th ST, Los Angeles, CA 90037
38
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$1,375,000
Est. payment /mo
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12 Beds
8 Baths
4,510 SqFt
Price Dropped by $25K

856 W 47th ST Los Angeles, CA 90037

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Shauna Hernandez

Shauna Hernandez

+1(805) 668-4865

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,510 sqft

Price per Sqft $304

MLS Listing ID 26638301

Bedrooms 12

HOA Y/N No

Year Built 1914

Lot Size 7,779 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LARD2

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Disposal, Microwave, Dryer

Exterior

Parking Features Driveway

Total Parking Spaces 4

Building

Story 1

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5018011052

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Taylor Avakian Lyon Stahl Investment Real Estate, Inc. #02060040

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Shauna Hernandez

Shauna Hernandez

Agent | License ID: 02226599

+1(805) 668-4865

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856 W 47th ST

 
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