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$1,749,000
47 Days On Site

856 W 47th Street
Los Angeles, CA 90037

For Sale|Quadruplex|Active
0
Beds
0
Total Baths
4,510
SqFt
$388
/SqFt
2025
Built
County:
Los Angeles
Listed by Brenda Hailey of eXp Realty of Greater Los Angeles, Inc. [email protected]
Call Now: 310.383.2578
Is this the listing for you? We can help make it yours.
310.383.2578
856 W 47th Street856 W 47th Street856 W 47th Street856 W 47th Street
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Mortgage Calculator

Monthly Payment (Est.)

$7,980
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Don’t 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 portfolio—offering 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 units—each 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 well as it is an oversized lot exceeding 7,770 square feet in the heart of Los Angeles. The property has undergone significant infrastructure upgrades, including a modernized electrical system with separate electric meters and sub panels for each unit, as well as all-copper plumbing throughout. A 5-minute drive to the University of Southern California (USC), and close proximity to Downtown Los Angeles including Crypto Arena, LA LIVE, this property is perfectly positioned in a high-demand rental market. With easy access to major freeways and everyday amenities, this turn-key property is perfect for seasoned or first-time investors seeking solid returns, low maintenance, and a prime location for continued growth.

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Listing Snapshot
Price 
$1,749,000
Days On Site 
47 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,510 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1786 Acres
Year Built 
2025
MLS® Number 
BB25153441
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing first seen on site
2 months agoListing updated with changes from the MLS®
General Features
Acres 
0.1786
Energy Features 
Solar
Number Of Stories 
2
Parking Spaces 
4
Property Condition 
New Construction
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
4510
Stories 
Two
Utilities 
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
LARD2
Interior Features
Appliances 
Gas Range
Cooling 
Central AirWall/Window Unit(s)
Fireplace Features 
None
Flooring 
TileVinyl
Heating 
Central
Interior 
Ceiling Fan(s)
Laundry Features 
Washer HookupElectric Dryer HookupGas Dryer Hookup
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Exterior Features
Fencing 
Block
Pool Features 
None
Road Frontage 
City Street
Roof 
Shingle
Spa Features 
None
View 
None
Waterview 
None
Community Features
Building Access 
Street
Community Features 
Curbs
Financing Terms Available 
CashConventionalFHA1031 Exchange
MLS Area 
C42 - Downtown L.A.
Roads 
Paved


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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