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$1,300,000
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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.
Full Property Details
Full Property Details for 856 W 47th St
General
- Sold For: $1,300,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26638301
- Added to Site: 275 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 8
Bedrooms
- Total Bedrooms: 12
Additional Information
- Other Features: None
Parking
- Garage Description: Driveway
Location
- Area: Los Angeles Southwest
- County: Los Angeles
- Driving Directions: Along 47th St and S Hoover St
Heating & Cooling
- Cooling Type: Wall/Window
- Heating Type: Wall
Structural Information
- # Buildings: 2
- Stories/Levels: 1
- Square Feet: 4,510
- Sq. Ft. Source: Estimated
- Year Built: 1914
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 4
- Unit Type: 2106
Unit 1
- Total Bathrooms: 2
- Bedrooms: 3
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1786
- Lot Size: 7780
- Lot Size Source: Vendor Enhanced
- Zoning: LARD2
Financial Considerations
- Price Per Sq. Ft.: $304.88
- Assessment Year: 1914
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5018-011-052
Listed by Lyon Stahl Investment Real Estate, Inc., Taylor Avakian
Sold by The Ave, Sebastian Lopez
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Schools
Schools serving 856 W 47th St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Dr. James Edward Jones Primary Center 1017 West 47th Street, Los Angeles, CA 90037 | PK-2 | 0.2 mi |
Marguerite Poindexter Lamotte Elementary 4410 Orchard Avenue, Los Angeles, CA 90037 | K-5 | 0.2 mi |
John Muir Middle School, Los Angeles, CA 5929 South Vermont Avenue, Los Angeles, CA 90044 | 6-8 | 1 mi |
Manual Arts Senior High School 4131 South Vermont Avenue, Los Angeles, CA 90037 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 856 W 47th St
Date
Details
Price
Change
Source
9/04/2026
Sold
$1,300,000
-5.45%
MLS
6/07/2026
Price Reduced
$1,375,000
-1.79%
MLS
1/14/2026
Listed
$1,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
856 W 47th St, Los Angeles, CA 90037 (MLS# 26638301) is a Multi-Family property that was sold at $1,300,000 on September 04, 2026. Want to learn more about 856 W 47th St? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

