$1,300,000
$1,375,000
5.5%For more information regarding the value of a property, please contact us for a free consultation.
856 W 47th ST Los Angeles, CA 90037
12 Beds
8 Baths
4,510 SqFt
Key Details
Sold Price $1,300,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 4,510 sqft
Price per Sqft $288
MLS Listing ID 26638301
Sold Date 09/04/26
Bedrooms 12
HOA Y/N No
Year Built 1914
Lot Size 7,779 Sqft
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. 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.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LARD2
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Disposal, Microwave, Dryer
Exterior
Parking Features Driveway
Total Parking Spaces 4
Building
Story 1
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5018011052
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Sebastian Lopez The Ave
Nearby Locations
GET MORE INFORMATION