816 W 47th Street, Los Angeles, CA 90037
Local realty services provided by:ERA Excel Realty
816 W 47th Street,Los Angeles, CA 90037
$2,100,000
- 16 Beds
- 12 Baths
- 6,446 sq. ft.
- Multi-family
- Active
Listed by: brett lyon, woody stahl
Office: lyon stahl investment real estate, inc.
MLS#:SB25119147
Source:CRMLS
Price summary
- Price:$2,100,000
- Price per sq. ft.:$325.78
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 4.94% in-place CAP rate and 13.57 GRM, with approximately 24% rental upside. At market rents, the asset is projected to deliver a 6.67% CAP and a 10.94 GRM, making it a strong performer in today’s market. Additional features include eight outdoor parking spaces—providing ample tenant convenience—and a layout that supports both family-oriented and co-living rental strategies.
Ideally located near major transit corridors, freeways, and employment hubs, 816 W 47th Street offers direct access to the 110 Freeway, Metro lines, and the broader Downtown LA area. With excellent unit sizes, strong in-place income, and non-rent-controlled flexibility, this property stands out as a premier investment in a rapidly evolving urban corridor.
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Home facts
- Year built:2020
- Listing ID #:SB25119147
- Added:191 day(s) ago
- Updated:November 20, 2025 at 02:18 PM
Rooms and interior
- Bedrooms:16
- Total bathrooms:12
- Full bathrooms:12
- Living area:6,446 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
Structure and exterior
- Year built:2020
- Building area:6,446 sq. ft.
- Lot area:0.2 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,100,000
- Price per sq. ft.:$325.78
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