856 47th Street, Los Angeles, CA 90037

Local realty services provided by:ERA North Orange County Real Estate
856 47th Street,Los Angeles, CA 90037
$1,698,000
  • 12 Beds
  • 8 Baths
  • 4,510 sq. ft.
  • Multi-family
  • Active
Listed by:brenda hailey
Office:exp realty of greater los angeles, inc.
MLS#:BB25199705
Source:CAREIL

Price summary

  • Price:$1,698,000
  • Price per sq. ft.:$376.5

About this home

Don’t miss this rare opportunity to own an income generating fourplex in one of Los Angeles’ most rapidly developing neighborhoods near USC! This exceptional property combines brand-new construction (2 units, built in 2025) and upgraded existing units (2 units) for a combined 4-unit investment property. The property has 3 units available for rent and 1 unit paying rent, making it ideal for investors looking to identify their own tenants and maximize cash flow. With a cap rate of 7.13% and a gross rent multiplier (GRM) of 10.95, this asset presents strong current returns and long-term appreciation in a high-demand rental market. This property is one of three 4-unit investment properties in the same area available in the portfolio—offering great opportunity for buyers looking to invest in an individual or multiple income-generating assets. At the rear of the property sits a newly built (2025) duplex, featuring two beautifully designed 3-bedroom, 2-bathroom units—each 912

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Home facts

  • Year built:2025
  • Listing ID #:BB25199705
  • Added:1 day(s) ago
  • Updated:September 05, 2025 at 12:09 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:8
  • Full bathrooms:8
  • Living area:4,510 sq. ft.

Heating and cooling

  • Cooling:Central Air, Window/Wall Unit
  • Heating:Central Forced Air, Multi Type

Structure and exterior

  • Roof:Shingle
  • Year built:2025
  • Building area:4,510 sq. ft.
  • Lot area:0.18 Acres

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,698,000
  • Price per sq. ft.:$376.5
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