816 W 47th Street, Los Angeles, CA 90037
Local realty services provided by:CENTURY 21 Epic
816 W 47th Street,Los Angeles, CA 90037
$2,100,000
- - Beds
- - Baths
- 6,446 sq. ft.
- Multi-family
- Active
Listed by: brett lyon, woody stahl
Office: lyon stahl investment real estate, inc.
MLS#:SB25105253
Source:CRMLS
Price summary
- Price:$2,100,000
- Price per sq. ft.:$325.78
About this home
816 W 47th Street presents a rare opportunity to acquire a 2020 construction 4-unit property in a high-demand pocket of South Los Angeles, just minutes from USC and Downtown LA. With no rent control, modern construction, and minimal maintenance requirements, this asset is well-positioned for both seasoned investors and 1031 exchange buyers seeking long-term stability with built-in upside. The property consists of two separate buildings and offers an ideal unit mix of four 4-bedroom/3-bath units, totaling 6,446 rentable square feet on an 8,534 SF lot.
Current operations yield a 4.94% in-place CAP rate and 13.57 GRM, with approximately 24% rental upside. At market rents, the asset is projected to deliver a 6.67% CAP and a 10.94 GRM, making it a strong performer in today’s market. Additional features include eight outdoor parking spaces—providing ample tenant convenience—and a layout that supports both family-oriented and co-living rental strategies.
Ideally located near major transit corridors, freeways, and employment hubs, 816 W 47th Street offers direct access to the 110 Freeway, Metro lines, and the broader Downtown LA area. With excellent unit sizes, strong in-place income, and non-rent-controlled flexibility, this property stands out as a premier investment in a rapidly evolving urban corridor.
Contact an agent
Home facts
- Year built:2020
- Listing ID #:SB25105253
- Added:257 day(s) ago
- Updated:January 25, 2026 at 11:50 AM
Rooms and interior
- Living area:6,446 sq. ft.
Heating and cooling
- Heating:Central
Structure and exterior
- Year built:2020
- Building area:6,446 sq. ft.
- Lot area:0.2 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,100,000
- Price per sq. ft.:$325.78
New listings near 816 W 47th Street
- New
$850,000Active4 beds 2 baths3261 Eagle Street, Los Angeles, CA 90063
MLS# CV26017592Listed by: KELLER WILLIAMS - New
$1,300,000Active7 beds 5 baths2000 W 54th, Los Angeles, CA 90062
MLS# IN26016451Listed by: TRACY ADEWUNMI, BROKER - New
$650,000Active3 beds 3 baths1,429 sq. ft.9001 Owensmouth #28, Canoga Park, CA 91304
MLS# IV26017277Listed by: BILTMOREWEST REALTY - New
$600,000Active2 beds 4 baths257 W 42nd, Los Angeles, CA 90037
MLS# SB26017462Listed by: EXP REALTY OF CALIFORNIA INC - New
$3,500,000Active7 beds 8 baths9,276 sq. ft.10425 Melvin, Porter Ranch, CA 91326
MLS# SR25259786Listed by: KELLER WILLIAMS VIP PROPERTIES - New
$2,950,000Active7 beds 4 baths2,900 sq. ft.12 E 27th Avenue, Venice, CA 90291
MLS# 25627765Listed by: WEALTH ROAD REALTY - New
$699,999Active3 beds 1 baths1,932 sq. ft.1737 E Gage, Los Angeles, CA 90001
MLS# OC26017750Listed by: FOUR BROTHERS REAL ESTATE, INC. - New
$2,099,000Active-- beds -- baths1,402 sq. ft.908 - 910 Victoria, Venice, CA 90291
MLS# SR26016884Listed by: COMPASS - New
$1,760,000Active4 beds 5 baths2,430 sq. ft.11341 Pearl St, Los Angeles, CA 90064
MLS# CRTR26014805Listed by: EXP REALTY OF CALIFORNIA INC - New
$1,585,000Active3 beds 3 baths1,698 sq. ft.5445 Agnes Avenue, Valley Village, CA 91607
MLS# 26642299Listed by: JOHN THOMS PROPERTIES