Mohr Real Estate Group

Mohr Real Estate Group

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
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$1,400,000
856 W 47th ST
Los Angeles, CA, 90037
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Property Description


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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856 W 47th ST
Los Angeles, CA
The Mohr Real Estate Group

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