856 W 47th St, Los Angeles, CA 90037
856 W 47th St, Los Angeles, CA 90037
856 W 47th St, Los Angeles, CA 90037
856 W 47th St, Los Angeles, CA 90037
856 W 47th St, Los Angeles, CA 90037
856 W 47th St, Los Angeles, CA 90037
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Watson Realty

Watson Realty

+1(661) 327-5161
$ 1,375,000
Est. payment | /mo

12 Beds

8 Baths

4,510 SqFt

Save
$ 1,375,000
Est. payment | /mo
Save

12 Beds

8 Baths

4,510 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,510 sqft

Price per Sqft $304

MLS Listing ID 26638301

Bedrooms 12

Year Built 1914

Lot Size 7,780 Sqft

Acres 0.1786

Property Sub-Type Multi-Family

Property 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. 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.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LARD2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Equipment Microwave, Gas Or Electric Dryer Hookup, Electric Dryer Hookup, Dryer, Built-Ins, Garbage Disposal

Exterior

Parking Features Driveway

Garage Spaces 4.0

Building

Story 1

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.

Nearby Locations

Watson Realty

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856 W 47th St