856 W 47th Street

Property Overview
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.
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