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. One unit is delivered vacant at close available to lease immediately at full market rent of $3,668 with no RFPA, no inherited lease. Two units are non-rent controlled ADUs, offering full rent reset flexibility at each vacancy. Offered at $1,375,000 ($343,750/unit | $304.88/SF) with an 8.29% in-place cap rate and 9.13 GRM, the property delivers strong current yield with meaningful additional upside as rents align toward market levels in a high-demand South Los Angeles rental corridor.

Based on information submitted to CRMLS as of July 28, 2026 5:24 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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