856 W 47th ST Los Angeles CA 90037 MLS #26638301

856 W 47th ST
Los Angeles, CA, 90037
$1,400,000
6 Beds
2 Baths
2,686 SqFt
0.18 Acres
$1,400,000
856 W 47th ST
Los Angeles, CA, 90037
MLS #26638301 image #0
856 W 47th St | 4-Unit Multifamily in South Los Angeles. Classic 1914 asset renovated in 2025 totaling 4,510 SF on a 7,778 SF LARD2 lot. The property features a desirable (4) 3-bed / 2-bath unit mix averaging approximately 1,106 SF and includes 4 on-site parking spaces. The asset is fully leased with tenants supported by Section 8 housing vouchers, providing reliable rent collections and stable day-one income. Two units are non-rent controlled ADUs, offering additional leasing flexibility over time. Offered at $1,400,000 ($350,000/unit | $310.42/SF) with a 9.41% in-place cap rate and 8.25 GRM, the property delivers strong current yield with modest additional upside as rents align toward market levels in a high-demand South Los Angeles rental corridor.

Property Details

Price:
$1,400,000
MLS #:
26638301
Status:
Active
Beds:
6
Baths:
2
Type:
Single Family
Neighborhood:
c34losangelessouthwest
Listed Date:
Jan 14, 2026
Finished Sq Ft:
2,686
Total Sq Ft:
2,686
Lot Size:
7,780 sqft / 0.18 acres (approx)
Year Built:
1914
C34 – Los Angeles SouthwestC34losangelessouthwest

Schools

Interior

Appliances
GD, MW
Cooling
WW
Heating
WL
Laundry Features
DINC
Levels
S

Exterior

Parking Spots
4
Parking Total
4

Financial

Gross Operating Income
$169,752
Net Operating Income
$131,764
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Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…

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Current real estate data for Single Family in Los Angeles as of Apr 06, 2026
7,324
Single Family Listed
88
Avg DOM
515
Avg $ / SqFt
$1,552,293
Avg List Price

Community

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Property Summary

    856 W 47th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90037. It is listed for $1,400,000 and features 6 beds, 2 baths, and has approximately 2,686 square feet of living space, and was originally constructed in 1914. The current price per square foot is $521. The average price per square foot for Single Family listings in Los Angeles is $515. The average listing price for Single Family in Los Angeles is $1,552,293. To schedule a showing of MLS#26638301 at 856 W 47th ST in Los Angeles, CA, contact your James Outland agent at 8057482262.
856 W 47th ST
Los Angeles, CA
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