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.
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
See this Listing
Schools
Interior
Appliances
GD, MW
Cooling
WW
Heating
WL
Laundry Features
DINC
Levels
S
Exterior
Parking Spots
4
Parking Total
4
Financial
Map
Community
- Address856 W 47th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Apr 14, 2026
8,316
Single Family Listed
85
Avg DOM
507
Avg $ / SqFt
$1,511,371
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 $507. The average listing price for Single Family in Los Angeles is $1,511,371.
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856 W 47th ST
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