58
$1,749,000
12 Bed
8 Bath
4,510
7,778 Acre Lot

856 W 47th Street, Los Angeles, California 90037

map-entry
  • Residential Property Type
  • 4,510 Square Footage
  • Uncovered Cars Garage
  • 2025 Year Built
Property Description

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.

At the rear of the property sits a newly built (2025) duplex, featuring two beautifully designed 3-bedroom, 2-bathroom units—each 912 square feet. These modern residences offer stylish vinyl plank flooring, quartz countertops, dual-pane energy-efficient windows, new water heaters, in-unit washer/dryer hookups, and fully paid-off solar panels for long-term energy savings.

The front duplex built in 1914 has been thoughtfully upgraded and includes two spacious 3-bedroom, 2-bathroom units, each over 1,300 square feet. These units also feature dedicated laundry rooms with washer/dryer hookups and updated interiors, providing comfort and convenience for tenants. The property has plenty of onsite parking as well as it is an oversized lot exceeding 7,770 square feet in the heart of Los Angeles.

The property has undergone significant infrastructure upgrades, including a modernized electrical system with separate electric meters and sub panels for each unit, as well as all-copper plumbing throughout.

A 5-minute drive to the University of Southern California (USC), and close proximity to Downtown Los Angeles including Crypto Arena, LA LIVE, this property is perfectly positioned in a high-demand rental market. With easy access to major freeways and everyday amenities, this turn-key property is perfect for seasoned or first-time investors seeking solid returns, low maintenance, and a prime location for continued growth. The property has 3 units available and 1 unit paying rent on time and as agreed, making it ideal for investors looking to identify their own tenants and maximize cash flow.

This property is one of three 4-unit investment properties available in a portfolio—offering great opportunity for buyers looking to invest in an individual or multiple income-generating assets.

Basic Details
Residential
For Sale
BB25157315
$1,749,000
None
12
8
4,510
2025
7,778 Acre
Active
2
1
1
Quadruplex
: Shingle
Features
: None
: Central, Combination
: Central Air, Wall/Window Unit(s)
: Block
: None
: Uncovered
: Tile, Vinyl
: Ceiling Fan(s)
: Washer Hookup, Gas Dryer Hookup, Electric Dryer Hookup
: Public Sewer
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
$0
Appliances
: Gas Range
Address Map
CA
Los Angeles
Los Angeles
90037
47th
856
Street
Vernon to Hoover to 47th Street
C42 - Downtown L.A.
W
LARD2
Neighborhood
Los Angeles Unified
Additional Information
$0
$0
$0
$0
$0
: Curbs
: Copper Plumbing
Standard
1
: Two
: 0-1 Unit/Acre
4
2025-07-13
2
2
: Public
Broker/Agent Information
eXp Realty of Greater Los Angeles, Inc.
Brenda Hailey
Listing Information
BB42597
BH5345844
Cash,Conventional,1031 Exchange,FHA,Fannie Mae
Active
2025-07-14T02:27:19Z
CRMLS
: Standard
2025-07-13T19:08:26Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069