$2,079,000

816 W 47th Street, Los Angeles, CA 90037

16 beds
6,446 sqft

other
Built in 2020
8,712sqft lot
—— car garage
$323/sqft
Listed 21 days ago

Property Description

We are pleased to present this new construction, 2020 year build 4-unit apartment community located at 816 W 47th St offered at a 12.74 GRM and 6.13% CAP on current rents with upside potential to achieve a 10.65 GRM and 7.39% CAP with proforma rents. This opportunity consists of two, two-story duplexes offering a total of 6,446 rentable square feet which sit on an 8,534 square foot LARD2 zoned lot with 6 onsite uncovered parking spaces in the rear. The unit mix consists of four (4) massive four bedroom three-bathroom units that average 1,611 square feet each. ALL UTILITIES are paid for by the tenants! Nearby amenities include the Gilbert Lindsay Recreation Center, Trader Joe's, the Ross Snyder Recreation Center, Superior Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information.

Listing Status:: Active
Date Added:: March 12, 2026
Data Last Updated:: April 2, 2026 at 8:07PM
Listing Office:: Kidder Mathews of California, Inc. : 858-369-3010
Listing Agent:: Casey Lins : 714-333-6768
MLS ID:: CL26663623

Parking: OtherUncovered Parking SpaceParking spaces: 6

County: Los Angeles

Zoning: LARD5018011054

This listing courtesy of Casey Lins , Kidder Mathews of California, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Marguerite Poindexter LaMotte Elementary School

4410 Orchard Ave, Los Angeles, CA, 90037

Grades KG-5

0.18 miles away

John Muir Middle School

5929 S Vermont Ave, Los Angeles, CA, 90044

Grades 6-8

0.98 miles away

Manual Arts High School

4131 S Vermont Ave, Los Angeles, CA, 90037

Grades 9-12

0.61 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.