#SB25119147, Brett Lyon, Listing office: Lyon Stahl Investment Real Estate, Inc.
#BB25157315·
Listing office: eXp Realty of Greater Los Angeles, Inc.·
Listing agent: Brenda Hailey·
Listing office phone: 310-266-9890
$1,749,000 List price
856 W 47th St Los Angeles, CA 90037
12 beds
8 full
4,510 sqft
0.2 acres
$388 / sqft
Multi-Family
Property details
About 856 W 47th St
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.
Highlights
Home typeQuadruplex
HeatingOther, Central
StatusActive
CoolingCentral Air, Wall/Window Unit(s)
Size4,510 sqft
Lot size0.1786 Acres
Year builtNew Const., 2025
ParkingUncovered
MLS #BB25157315
Summary
- Full Bathrooms: 8
- Appliances: Gas Range
- Flooring Type: Tile, Vinyl
- Interior: Ceiling Fan(s)
- Fireplace: None
- Total Bedroom Count: 12
- Private Pool: No
- Parking: Uncovered
- Heating: Other, Central
- Cooling: Central Air, Wall/Window Unit(s)
- List Price: $1,749,000
- Price/SqFt: $387
- HOA Amount: $0
- Annual Tax Amount: $11,099
- Tax Year: 2024
- Directions: Vernon to Hoover to 47th Street
- Year Built: 2025
- Stories: 2
- Living Area: 4,510 SqFt
- Lot Size: 0.1786 Acres
- MLS Number: BB25157315
- MLS Name: CRMLS
- Office Name: eXp Realty of Greater Los Angeles, Inc.
- Office Phone: (310) 266-9890
- Listing Agent: Brenda Hailey
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 3:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 04, 2022 | Home Sold | $850,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $884,340 | $11,099 |
| 2023 | $867,000 | $10,892 |
| 2022 | $149,005 | $2,146 |
| 2021 | $146,084 | $2,102 |
| 2020 | $144,587 | $2,047 |
| 2019 | $141,753 | $1,893 |
| 2018 | $138,975 | $1,857 |
| 2017 | $136,251 | $1,857 |
History based on county public records data.
Nearby schools
3
Marguerite Poindexter LaMotte Elementary School
Public District KG-5
0.2 mi
•4410 Orchard Ave
3
52nd Street Elementary School
Public District KG-5
0.3 mi
•816 W 51st St
3
Icef Innovation los Angeles Charter
Public Charter KG-5
0.3 mi
•5029 S Vermont Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $22,566. Residents of Los Angeles, CA typically earn less than $<35k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
68%
<35k
30%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
34%
Single, No Kids
25%
Single, with Kids
12%
Married, No Kids
29%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
13%
12-17 yrs old
26%
18-34 yrs old
36%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
Burlington
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
White Castle
What do the neighbors drive?
Nissan
Dodge
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 856 W 47th St
The listing price of 856 W 47th St property is $1,749,000.
The property 856 W 47th St is a multi located in Los Angeles, California, 90037.
Active Listing: 856 W 47th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 856 W 47th St are: Marguerite Poindexter LaMotte Elementary School (GreatSchools Rating 3/10), 52nd Street Elementary School (GreatSchools Rating 3/10), Icef Innovation los Angeles Charter (GreatSchools Rating 3/10), Isana Himalia Academy (GreatSchools Rating 4/10), Alliance College-Ready Middle Academy 12 (GreatSchools Rating 4/10), John Muir Middle School (GreatSchools Rating 2/10), Manual Arts High School (GreatSchools Rating 3/10), Alliance Patti and Peter Neuwirth Leadership Academy (GreatSchools Rating 8/10), Ednovate - Usc Hybrid High College Preparatory (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $11,099 (source: MLS/based on county public records data).
The last sale was on April 4, 2022 for $850,000 (source: MLS/tax record).
The property 856 W 47th St is 4,510 SqFt (source: MLS/tax record).
The year of construction for 856 W 47th St is 2025.
This home is located at 856 W 47th St in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This 4,510 square foot home, which was built in 2025, sits on a 0.18 acre lot. Features: 12 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since July 14, 2025 and is currently priced at $1,749,000.
In June 2025 more than 282 listings in Los Angeles, CA were sold above the asking price. During the same period more than 108 listings were sold at asking price, while more than 339 were sold below. In June 2025 in Los Angeles, CA there were 9% more homes for sale than in May. Listings spent 34 days on the market in June 2025, and had a median list price of $876,067 during the same period.
From Rocket Homes Real Estate and based on county public records data.