REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.
$ 2,100,000
Est. payment /mo
Active
816 W 47th Street Los Angeles, CA 90037
6,446 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 6,446 sqft
Price per Sqft $325
MLS Listing ID CRSB25105253
HOA Y/N No
Year Built 2020
Lot Size 8,534 Sqft
Property Sub-Type Quadruplex
Source Datashare California Regional
Property Description
816 W 47th Street presents a rare opportunity to acquire a 2020 construction 4-unit property in a high-demand pocket of South Los Angeles, just minutes from USC and Downtown LA. With no rent control, modern construction, and minimal maintenance requirements, this asset is well-positioned for both seasoned investors and 1031 exchange buyers seeking long-term stability with built-in upside. The property consists of two separate buildings and offers an ideal unit mix of four 4-bedroom/3-bath units, totaling 6,446 rentable square feet on an 8,534 SF lot. Current operations yield a 4.94% in-place CAP rate and 13.57 GRM, with approximately 24% rental upside. At market rents, the asset is projected to deliver a 6.67% CAP and a 10.94 GRM, making it a strong performer in today's market. Additional features include eight outdoor parking spaces-providing ample tenant convenience-and a layout that supports both family-oriented and co-living rental strategies. Ideally located near major transit corridors, freeways, and employment hubs, 816 W 47th Street offers direct access to the 110 Freeway, Metro lines, and the broader Downtown LA area. With excellent unit sizes, strong in-place income, and non-rent-controlled flexibility, this property stands out as a premier investment in a rapidly evolv
Location
State CA
County Los Angeles
Interior
Heating Central
Fireplace No
Laundry Gas Dryer Hookup, Other
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.