856 W 47th St, Los Angeles, CA 90037

$1,300,000
12
BD
8
BA
4,510
SqFt

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Sold Price
$1,300,000
List Price
$1,375,000
Closing Date
Sep 04, 2026
MLS#
26638301
Year Built
1914
Bedrooms
12
Bathrooms
8
Living Sq. Ft
4,510
Lot Size
7,780
Days on Market
201
Property Type
Multifamily
Stories
1

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.

Additional Information

Other Buildings
None
Heat
Wall
Cooling
Wall/Window
Number of Cars in Garage
Driveway

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Courtesy of Lyon Stahl Investment Real Estate, Inc., Taylor Avakian - CA DRE#02060040 Selling Office: .

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