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Listed by: Brett Lyon (310) 706-4066 DRE #01717818, Woody Stahl DRE #01399621 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$2,100,000
16 Beds
- 12 Baths
12 full baths
6,446sqft
816 W 47Th St, Los Angeles, CA 90037
$2,100,000
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Quadruplex
Built in 2020
$-- HOA
8,534 sqft lot
$326/sq.ft
Description
816 W 47th Street presents a rare opportunity to acquire a 2020 construction 4-unit property in a high-demand pocket of South Los Angeles, just minutes from USC and Downtown LA. With no rent control, modern construction, and minimal maintenance requirements, this asset is well-positioned for both seasoned investors and 1031 exchange buyers seeking long-term stability with built-in upside. The property consists of two separate buildings and offers an ideal unit mix of four 4-bedroom/3-bath units, totaling 6,446 rentable square feet on an 8,534 SF lot.
Current operations yield a 4.94% in-place CAP rate and 13.57 GRM, with approximately 24% rental upside. At market rents, ...
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
2020
HOA Fees
-
Finished Area
6,446 sqft
Lot Size
8,534 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB25119147
MLS Status
Active
Days on Market
204
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