856 W 47th Street, Los Angeles, CA 90037
Local realty services provided by:CENTURY 21 Wildwood Properties, Inc.
856 W 47th Street,Los Angeles, CA 90037
$1,300,000
- 3 Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: taylor avakian
Office: lyon stahl investment real estate, inc.
MLS#:CL26638301
Source:Bay East, CCAR, bridgeMLS
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Price summary
- Price:$1,300,000
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. 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.
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Home facts
- Year built:1914
- Listing ID #:CL26638301
- Added:242 day(s) ago
- Updated:September 14, 2026 at 06:54 AM
Rooms and interior
- Bedrooms:3
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Wall Furnace
Structure and exterior
- Year built:1914
Finances and disclosures
- Price:$1,300,000
Features and amenities
- Laundry features:Dryer
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