CA > Los Angeles
Los Angeles, CA 90037,856 W 47th Street
Los Angeles, CA 90037,856 W 47th Street
Los Angeles, CA 90037,856 W 47th Street
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$1,749,000
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12 Beds
8 Baths
4,510 SqFt
New

856 W 47th Street Los Angeles, CA 90037

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Vinh Ky

Vinh Ky

+1(619) 851-2475

UPDATED:

Key Details

Property Type Multi-Family

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 4,510 sqft

Price per Sqft $387

MLS Listing ID BB25157315

Bedrooms 12

Full Baths 8

Year Built 2025

Property Sub-Type All Other Attached

Property Description

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 7.44% and a gross rent multiplier (GRM) of 10.47, 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 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. These units are not subject to rent control. 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

Location

State CA

County Los Angeles

Zoning LARD2

Direction Vernon to Hoover to 47th Street

Interior

Interior Features Copper Plumbing Full

Heating Combination Heating, Forced Air Unit

Cooling Central Forced Air, Wall/Window

Flooring Linoleum/Vinyl, Tile

Fireplace No

Appliance Solar Panels, Gas Range

Laundry Washer Hookup, Gas & Electric Dryer HU

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

Roof Type Shingle

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Tax ID 5018011052

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by Brenda Hailey eXp Realty of Greater Los Angeles, Inc.

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agent

Vinh Ky

Agent | License ID: 01989640

+1(619) 851-2475

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856 W 47th Street