Los Angeles, CA 90037,856 W 47th ST
Los Angeles, CA 90037,856 W 47th ST
Los Angeles, CA 90037,856 W 47th ST
38
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$1,400,000
Est. payment /mo
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6 Beds
2 Baths
2,686 SqFt
New

856 W 47th ST Los Angeles, CA 90037

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,686 sqft

Price per Sqft $521

MLS Listing ID 26638301

Bedrooms 6

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 featuring a rare duplex + (2) ADUs configuration totaling 4,510 SF on a 7,778 SF LARD2 lot. Desirable high-income unit mix with (4) 3-bed / 2-bath layouts and 4 on-site parking spaces. Property will be delivered with 3 of 4 units vacant at close, allowing immediate lease-up at the underwritten market rent of $3,150/month and faster stabilization. Two ADUs are non-rent controlled, providing enhanced rent-setting flexibility. Offered at $1,400,000 ($350,000/unit | $310/SF) with an 8.14% cap rate and 9.26 GRM, strongday-one yield in a high-demand South LA 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

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5018011052

Special Listing Condition Standard


CRMLS – RECore
Listed by Taylor Avakian Lyon Stahl Investment Real Estate, Inc.

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856 W 47th ST