856 W 47th ST
Los Angeles, CA, 90037
$1,400,000
6 Beds
2 Baths
2,686 SqFt
0.18 Acres
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MLS #26638301 image #0
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 $3,537/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.

Property Details

Price:
$1,400,000
MLS #:
26638301
Status:
Active
Beds:
6
Baths:
2
Type:
Single Family
Neighborhood:
c34losangelessouthwest
Listed Date:
Jan 14, 2026
Finished Sq Ft:
2,686
Total Sq Ft:
2,686
Lot Size:
7,780 sqft / 0.18 acres (approx)
Year Built:
1914
C34 – Los Angeles SouthwestC34losangelessouthwest

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Schools

Interior

Appliances
GD, MW
Cooling
WW
Heating
WL
Laundry Features
DINC

Exterior

Parking Spots
4

Financial

Gross Operating Income
$169,752
Net Operating Income
$131,564

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Mar 24, 2026
7,245
Single Family Listed
95
Avg DOM
510
Avg $ / SqFt
$1,489,707
Avg List Price

Property Summary

    856 W 47th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90037. It is listed for $1,400,000 and features 6 beds, 2 baths, and has approximately 2,686 square feet of living space, and was originally constructed in 1914. The current price per square foot is $521. The average price per square foot for Single Family listings in Los Angeles is $510. The average listing price for Single Family in Los Angeles is $1,489,707.

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856 W 47th ST
Los Angeles, CA