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856 W 47th Street, Los Angeles, CA 90037

Los Angeles
Local realty services provided by:CENTURY 21 Sierra Properties
856 W 47th Street,Los Angeles, CA 90037
$1,400,000
  • 3 Beds
  • - Baths
  • 2,686 sq. ft.
  • Multi-family
  • Active
Listed by: taylor avakian
Office: lyon stahl investment real estate, inc.
MLS#:CL26638301
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$1,400,000
  • Price per sq. ft.:$521.22

About this home

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. The asset is fully leased with tenants supported by Section 8 housing vouchers, providing reliable rent collections and stable day-one income. Two units are non-rent controlled ADUs, offering additional leasing flexibility over time. Offered at $1,400,000 ($350,000/unit | $310.42/SF) with a 9.41% in-place cap rate and 8.25 GRM, the property delivers strong current yield with modest additional upside as rents align toward market levels in a high-demand South Los Angeles rental corridor.

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Home facts

  • Year built:1914
  • Listing ID #:CL26638301
  • Added:98 day(s) ago
  • Updated:April 23, 2026 at 02:45 PM

Rooms and interior

  • Bedrooms:3
  • Living area:2,686 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Wall Furnace

Structure and exterior

  • Year built:1914
  • Building area:2,686 sq. ft.
  • Lot area:0.18 Acres

Finances and disclosures

  • Price:$1,400,000
  • Price per sq. ft.:$521.22

Features and amenities

  • Laundry features:Dryer
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at April 23, 2026

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