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Listed by: Taylor Avakian (916) 996-4421 DRE #02060040 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$1,375,000
Monthly Est:$6,844
12 Beds
8 Baths
4,510sqft
856 W 47th Street, Los Angeles, CA 90037
$1,375,000
$6,844/moEst:
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Multi Family
Built in 1914
$-- HOA
7,780 sqft lot
$305/sq.ft
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.
- Houzeo last checked: 9 minutes ago
- Listing updated: August 4, 2026 at 5:17 pm
- Source: California Regional MLS-CA | MLS#: 26638301
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1914
HOA Fees
-
Finished Area
4,510 sqft
Lot Size
7,780 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26638301
MLS Status
ActiveUnderContract
Days on Market
293
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 8
Interior
Appliances
Disposal, Microwave, Dryer
Cooling
Wall Window Units
Heating
Wall Furnace
Utilities & Energy
Parking Features
Driveway
Price History
| Date | Event | Price |
|---|---|---|
08/03/2026 Source: | Contingent (Active Under Contract) | $1,375,000 $305/sqft |
06/07/2026 Source: | Listed for Sale | $1,375,000 -1.79% $305/sqft |
04/23/2026 Source: | Contingent (Active Under Contract) | $1,400,000 $310/sqft |
01/14/2026 Source: | Listed for Sale | $1,400,000 +1.82% $310/sqft |
01/14/2026 Source: | Price Decreased | $1,375,000 -1.79% $305/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 05:30AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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