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856 W 47th Street, Los Angeles, CA 90037
856 W 47th Street
Overview
Property ID: HZ26638301
- 6
- 2
- 2686
- 1914
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 will be delivered with three of four units vacant at close, allowing a new owner to immediately execute a lease-up strategy at the underwritten market rent of approximately $3,668/month and quickly stabilize income. Offered at $1,400,000 ($350,000/unit | $310.42/SF) with a 9.40% in-place cap rate and 8.25 GRM, the property delivers strong day-one yield with additional upside as rents stabilize in a high-demand South Los Angeles rental corridor.
Address
Open on Google Maps- Address 47th
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90037
Details
Updated on March 6, 2026 at 2:07 am- Property ID: HZ26638301
- Price: $1,400,000
- Property Size: 2686 Sq Ft
- Bedrooms: 6
- Bathrooms: 2
- Year Built: 1914
- Property Status: ResidentialIncome
- Listed by: Taylor Avakian
- DRE #: 02060040
- Contact Mail: taylor@lyonstahl.com
- Brokered by: Lyon Stahl Investment Real Estate, Inc.
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