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$ 1,400,000
Est. payment | /mo
6 Beds
2 Baths
2,686 SqFt
$ 1,400,000
Est. payment | /mo
6 Beds
2 Baths
2,686 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,686 sqft
Price per Sqft $521
MLS Listing ID 26638301
Bedrooms 6
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 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.
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
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5018011052
Special Listing Condition Standard
Listed by Taylor Avakian Lyon Stahl Investment Real Estate, Inc.
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