858-525-5007

856 47th, Los Angeles CA 90037 | $1,400,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 7780 Lot Sq Ft
  • Type:
  • Stories: 0
  • Year Built: 1914
  • MLS#: 26638301
  • Community: C34 - Los Angeles Southwest

Listing provided courtesy of Taylor Avakian of Lyon Stahl Investment Real Estate, Inc.. Last updated 2026-04-23 08:11:28.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.18 Acres

David Piper​

Call or Text: 858-525-5007

DRE# 02021985