816 W 47th Street, Los Angeles, CA 90037

Local realty services provided by:ERA North Orange County Real Estate
#1#2#3
816 W 47th Street,Los Angeles, CA 90037
$2,300,000
  • 16 Beds
  • 12 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:brett lyon
Office:lyon stahl investment real estate, inc.
MLS#:SB25105253
Source:SANDICOR

Price summary

  • Price:$2,300,000

About this home

816 W 47th Street presents a rare opportunity to acquire a 2020 construction 4-unit property in a high-demand pocket of South Los Angeles, just minutes from USC and Downtown LA. With no rent control, modern construction, and minimal maintenance requirements, this asset is well-positioned for both seasoned investors and 1031 exchange buyers seeking long-term stability with built-in upside. The property consists of two separate buildings and offers an ideal unit mix of four 4-bedroom/3-bath units, totaling 6,446 rentable square feet on an 8,534 SF lot. Current operations yield a 4.40% in-place CAP rate and 14.86 GRM, with approximately 24% rental upside. At market rents, the asset is projected to deliver a 5.97% CAP and a 11.98 GRM, making it a strong performer in todays market. Additional features include eight outdoor parking spacesproviding ample tenant convenienceand a layout that supports both family-oriented and co-living rental strategies. Ideally located near major transit

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Home facts

  • Listing Id #:SB25105253
  • Added:99 day(s) ago
  • Updated:August 20, 2025 at 01:54 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:12

Finances and disclosures

  • Price:$2,300,000
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