856 W 47th Street
Los Angeles, CA 90037
12
Bed
0
Bath
4,510Sqft
7,780Sqft(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 12Bathroom Information
Total Baths: 8 Full Baths: 0 Half Baths: 0 -
Interior Features
Property Appliances: Disposal,Microwave,Dryer -
Cooling Features
Wall/Window Unit(s) Air ConditioningHeating Source
Wall Furnace Has Heating
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Building Information
Year Built: 1914 Building Area Total: 4,510
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1786 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 7780
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Listing Price Information
Original List Price: 1,375,000 Listing Contract Date: 2026-01-14 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 5018011052
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Garage and Parking
Garage Description: DrivewayHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: C34 - Los Angeles Southwest Postal Code Plus 4: 2910 Directions: Along 47th St and S Hoover St Zoning: LARD2 Source Property Type: Residential Income Area: C34 - Los Angeles Southwest -
Building and Construction
Property Age: 112 Year Built Source: Vendor Enhanced Total Square Feet Living: 4510 Levels or Stories: Multi/Split
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 158 W Martin Luther Kin.., Los Angeles, CA, 90037 | $1,049,000 | -- | -- | 3,723 | 3,723 SqFt |
| 146 W Vernon, Los Angeles, CA, 90037 | $1,060,000 | -- | -- | 3,972 | 3,972 SqFt |
| 160 W 48th, Los Angeles, CA, 90037 | $689,900 | 3 | 3 | 1,152 | 1,152 SqFt |
| 201 W 49th, Los Angeles, CA, 90037 | $749,998 | 3 | 1 | 1,412 | 1,412 SqFt |
| 227 W 52nd Street, Los Angeles, CA, 90037 | $500,000 | 4 | 1 | 1,500 | 1,500 SqFt |
| 4211 S Flower, Los Angeles, CA, 90037 | $640,000 | 2 | 1 | 1,148 | 1,148 SqFt |
| 4260 S Figueroa Street, Los Angeles, CA, 90037 | $1,150,000 | 4 | -- | 4,516 | 4,516 SqFt |
| 545 W 41st Street, Los Angeles, CA, 90037 | $1,150,000 | 4 | -- | 3,923 | 3,923 SqFt |
| 602 W 40th Place, Los Angeles, CA, 90037 | $1,600,000 | 10 | -- | 3,692 | 3,692 SqFt |
| 536 W 42nd Street, Los Angeles, CA, 90037 | $1,055,000 | 6 | -- | 1,983 | 1,983 SqFt |
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ByOwner last updated this listing 06/21/2026 @ 08:12
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