856 W 47th Street, Los Angeles, CA 90037

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

Price summary

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

About this home

Dont 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 portfoliooffering 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 unitseach 912 square feet. These

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Home facts

  • Year built:2025
  • Listing ID #:BB25199705
  • Added:47 day(s) ago
  • Updated:October 23, 2025 at 02:19 PM

Rooms and interior

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

Heating and cooling

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

Structure and exterior

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

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

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