$1,375,000
 $7,381 est/mo Sourced by Back At You

856 W 47th Street,Los Angeles, CA 90037

Los Angeles, CA 90037

Share:

PreviousNext

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. 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.

Details

MLS #26638301
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1914
Days On Site232
Listing Provided ByLyon Stahl Investment Real Estate, Inc. | Taylor Avakian

Features

Bed(s)12
Bath(s)8
SQ Feet4,510
Story(s)1
Units4
Building(s)2
ZoningLARD2
Acreage0.18

Interior

CoolingWall Window Units
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes
AppliancesDisposal, Microwave, Dryer

Parking

Parking FeaturesDriveway

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90037
AreaC34 Los Angeles Southwest
Listing VS Median (in 90037)
Price:
$1,375,000
low | high
Med:
$1,469,000
43.163636363636% of Average
sqft:
4,510
low | high
Med:
3,326
76.252771618625% of Average
$ / sqft:
$305
low | high
Med:
$442
5.131689717378% of Average
On site:
232
low | high
Med:
59
100% of Average
Sourced by Back At You

Market Activity 90037

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Home Source at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

Contact

Learn More About This Property

Coldwell Banker Commercial Real Estate Solutions

Coldwell Banker Commercial Real Estate Solutions

DRE: 01857050 (760) 684-8000info@cbcdesert.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90037
AreaC34 Los Angeles Southwest
Listing VS Median (in 90037)
Price:
$1,375,000
low | high
Med:
$1,469,000
43.163636363636% of Average
sqft:
4,510
low | high
Med:
3,326
76.252771618625% of Average
$ / sqft:
$305
low | high
Med:
$442
5.131689717378% of Average
On site:
232
low | high
Med:
59
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.31M - $1.718M
sqft: 3,000 - 5,500
Nearby Listings Property ImageNearby Listings Details
611 W 46th Property Photo 1
$1,600,000
611 W 46th
Los Angeles, CA 90037
Listing Updated: August 21, 2026 at 11:08:32 PM PDT
Real Estate Links Our Domains