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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. The asset will be delivered with three of four units vacant at close, allowing a new owner to immediately execute a lease-up strategy at the underwritten market rent of approximately $3,537/month and quickly stabilize income. Offered at $1,400,000 ($350,000/unit | $310.42/SF) with a 9.40% in-place cap rate and 8.25 GRM, the property delivers strong day-one yield with additional upside as rents stabilize in a high-demand South Los Angeles rental corridor.
Property Type(s):
Residential Income
| Last Updated | 1/14/2026 | Year Built | 1914 |
|---|---|---|---|
| Community | C34 - Los Angeles Southwest | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Disposal, Dryer, Microwave |
| AREA | C34 - Los Angeles Southwest |
| HEAT | Wall Furnace |
| LOT | 7780 sq ft |
| LOT DIMENSIONS | 7780 |
| PARKING | Driveway |
| STORIES | Split/Multi Level |
Location
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Listed with Lyon Stahl Investment Real Estate, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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