CA > Los Angeles
Los Angeles, CA 90037,856 W 47th ST
Los Angeles, CA 90037,856 W 47th ST
Los Angeles, CA 90037,856 W 47th ST
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$1,698,000
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856 W 47th ST Los Angeles, CA 90037

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Gwendolyn Thomas

Gwendolyn Thomas

+1(702) 265-5005

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB25199896

HOA Y/N No

Year Built 2025

Lot Dimensions Public Records

Property Sub-Type Quadruplex

Property Description

Investor Alert! High-performing 4-unit asset near USC with 7.13% CAP, 10.95 GRM, and huge rental upside. Three units delivered vacant—set your own rents immediately. Rear duplex is brand-new 2025 construction (2× 3BD/2BA; 912 sq. ft. each; NOT rent-controlled). Front duplex includes two upgraded 3BD/2BA units (1,300+ sq. ft. each) with private laundry. Low maintenance + low expenses: paid-off solar, copper plumbing, upgraded electrical, separate meters, oversized 7,770+ sq. ft. lot. Prime location: Minutes to USC, DTLA, Crypto Arena, LA LIVE, and major freeways— strong tenant demand. Portfolio Opportunity: Perfect for cash flow investors, 1031 buyers, or portfolio builders. This fourplex is one of three income-generating 4-unit properties available in the same USC-area portfolio. A rare chance to buy one or all three for instant scale. Across the portfolio you can control 12 total units, (12BD/8BA + 10BD/6BA + 12BD/8BA)—a powerful, high-yield rental footprint in one of LA's fastest-growing markets. Turnkey, high-yield, and priced to move!

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LARD2

Interior

Interior Features Ceiling Fan(s)

Heating Combination, Central

Cooling Central Air, Wall/Window Unit(s)

Flooring Tile, Vinyl

Fireplaces Type None

Fireplace No

Appliance Gas Range

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Parking Features Uncovered

Fence Block

Pool None

Community Features Curbs

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Shingle

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction Yes

Others

Senior Community No

Tax ID 5018011052

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, Fannie Mae

Green/Energy Cert Solar

Listing Terms Cash, Conventional, 1031 Exchange, FHA, Fannie Mae

Special Listing Condition Standard

CRMLS – RECore
Listed by Brenda Hailey eXp Realty of Greater Los Angeles, Inc. 310-266-9890

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Gwendolyn Thomas

Gwendolyn Thomas

Agent | RE.S.0186243

+1(702) 265-5005

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856 W 47th ST