$1,400,000

856 W 47th Street, Los Angeles, CA 90037

  • 3 beds
  • 2,686 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1914
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $521/sqft
  • Property List Date Icon Listed 24 days ago

Property Description

856 W 47th St | 4-Unit Multifamily in South Los Angeles. Classic 1914 asset renovated in 2025 featuring a rare duplex + (2) ADUs configuration totaling 4,510 SF on a 7,778 SF LARD2 lot. Desirable high-income unit mix with (4) 3-bed / 2-bath layouts and 4 on-site parking spaces. Property will be delivered with 3 of 4 units vacant at close, allowing immediate lease-up at the underwritten market rent of $3,150/month and faster stabilization. Two ADUs are non-rent controlled, providing enhanced rent-setting flexibility. Offered at $1,400,000 ($350,000/unit | $310/SF) with an 8.14% cap rate and 9.26 GRM, strongday-one yield in a high-demand South LA rental corridor.

Listing Status:
Active
Date Added:
January 14, 2026
Data Last Updated:
February 8, 2026 at 4:08AM
Listing Office:
Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:
Taylor Avakian : 916-996-4421
MLS ID:
CL26638301
  • Laundry: Dryer
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Parking: Other
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: LARD5018011052
  • Source: CRMLS

Presented by Veterans United Realty

This listing courtesy of Taylor Avakian , Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Marguerite Poindexter LaMotte Elementary School

4410 Orchard Ave, Los Angeles, CA, 90037

Grades KG-5

0.18 miles away

J

John Muir Middle School

5929 S Vermont Ave, Los Angeles, CA, 90044

Grades 6-8

0.98 miles away

M

Manual Arts High School

4131 S Vermont Ave, Los Angeles, CA, 90037

Grades 9-12

0.60 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.

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