CA > Los Angeles
Los Angeles, CA 90037,816 W 47th Street
Los Angeles, CA 90037,816 W 47th Street
Los Angeles, CA 90037,816 W 47th Street
11
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$2,400,000
Est. payment /mo
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16 Beds
6,446 SqFt
New

816 W 47th Street Los Angeles, CA 90037

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

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 $372

MLS Listing ID CRSB25105253

Bedrooms 16

HOA Y/N No

Year Built 2020

Lot Size 8,534 Sqft

Acres 0.2

Property Sub-Type Quadruplex

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 4.17% in-place CAP rate and 15.50 GRM, with approximately 24% rental upside. At market rents, the asset is projected to deliver a 5.67% CAP and a 12.50 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

Location

State CA

County Los Angeles

Zoning LARD

Interior

Heating Central

Fireplace No

Laundry Gas Dryer Hookup, Other

Exterior

Exterior Feature Other

Total Parking Spaces 5

Building

New Construction No

Others

Tax ID 5018011054

Bridge MLS
© 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.
Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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