Millman Team Real Estate

$1,400,000
6 Bed
2 Bath
2,686 Sqft
0.18 Acre Lot

856 W 47th Street, Los Angeles, California 90037

  • Residential Income Property Type
  • 2,686 Sqft Square Footage
  • Driveway Cars Garage
  • 1914 Year Built
Property Description

856 W 47th St | 4-Unit Multifamily in South Los Angeles. Classic 1914 asset renovated in 2025 featuring a rare duplex + (2) ADUs configuration totaling 4,510 SF on a 7,778 SF LARD2 lot. Desirable high-income unit mix with (4) 3-bed / 2-bath layouts and 4 on-site parking spaces. Property will be delivered with 3 of 4 units vacant at close, allowing immediate lease-up at the underwritten market rent of $3,150/month and faster stabilization. Two ADUs are non-rent controlled, providing enhanced rent-setting flexibility. Offered at $1,400,000 ($350,000/unit | $310/SF) with an 8.14% cap rate and 9.26 GRM, strongday-one yield in a high-demand South LA rental corridor.

Basic Details
Residential Income
For Sale
26638301
$1,400,000
6
2
2,686 Sqft
1914
0.18 Acre
Active
Features
: Wall Furnace
: Wall/Window Unit(s)
: Driveway
$0
Appliances
: Microwave, Dryer, Disposal
Address Map
CA
Los Angeles
Los Angeles
90037
47th
856
Street
Along 2 47th St and S Hoover St
C34 - Los Angeles Southwest
W
LARD2
Additional Information
$0
$0
$0
$0
$0
2686
: Multi/Split
4
2026-01-14
Broker/Agent Information
Lyon Stahl Investment Real Estate, Inc.
Taylor Avakian
Listing Information
CLW-C138326
CLW-X82195
Active
2026-01-22T08:25:02Z
CRMLS
: Standard
2026-01-14T00:00:00Z
Agent info
Ray Millman
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