Los Angeles, CA 90037,856 W 47th Street
Los Angeles, CA 90037,856 W 47th Street
Los Angeles, CA 90037,856 W 47th Street
Los Angeles, CA 90037,856 W 47th Street
Los Angeles, CA 90037,856 W 47th Street
Los Angeles, CA 90037,856 W 47th Street
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$ 1,698,000
Est. payment | /mo

12 Beds

7,778 Sqft Lot


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$ 1,698,000
Est. payment | /mo
Save

12 Beds

7,778 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB25199896

Bedrooms 12

Lot Size 7,778 Sqft

Property Sub-Type Res Income 2-4 Units

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 vacantset 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 LAs fastest-growing markets. Turnkey, high-yield, and priced to move!

Location

State CA

County Los Angeles

Zoning Public Rec

Direction Vernon to Hoover to 47th Street

Interior

Heating Combination Heating

Cooling Central Forced Air, Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5018011052

Acceptable Financing Cash, Conventional, Exchange, FHA

Listing Terms Cash, Conventional, Exchange, FHA

MLS Router / San Diego MLS
Listed by Brenda Hailey eXp Realty of Greater Los Angeles, Inc.
Robyn Flint

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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856 W 47th Street