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$ 1,400,000
Est. payment | /mo
3 Beds
2,686 SqFt
$ 1,400,000
Est. payment | /mo
3 Beds
2,686 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,686 sqft
Price per Sqft $521
MLS Listing ID CL26638301
Bedrooms 3
HOA Y/N No
Year Built 1914
Lot Size 7,780 Sqft
Acres 0.18
Property Sub-Type OTHER
Property Description
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.
Location
State CA
County Los Angeles
Zoning LARD2
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Dryer
Exterior
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 5018011052
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Taylor Avakian • Lyon Stahl Investment Real Estate, Inc.
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