856 W 47th Street, Los Angeles, CA 90037
$1,300,000
$1,375,000 5.5%
Est. payment /mo
3 Beds
4,510 SqFt
Sold on 09/04/2026

856 W 47th Street Los Angeles, CA 90037

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Grant Inaba
Grant Inaba

Agent License ID: 01905199

+1(415) 992-2330

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Key Details

Sold Price $1,300,000

Property Type Single Family Home

Sub Type OTHER

Listing Status Sold

Purchase Type For Sale

Square Footage 4,510 sqft

Price per Sqft $288

MLS Listing ID CL26638301

Bedrooms 3

Year Built 1914

Lot Size 7,780 Sqft

Property Sub-Type OTHER

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

Zoning LARD2

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Laundry Dryer

Building

New Construction No

Bridge MLS
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Taylor Avakian • Lyon Stahl Investment Real Estate, Inc.
Bought with SebastianLopez

NEARBY SCHOOL & BUSINESS

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Grant Inaba

Grant Inaba

Agent License ID: 01905199

+1(415) 992-2330

Name
Phone*
Message

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856 W 47th Street

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