$2,400,000
For Sale

816 W 47th Street

Los Angeles, CA 90037
6446 sqft | 16 beds | 12 baths | 0.20 acres | #SB25119147
Listing OfficeLyon Stahl Investment Real Estate, Inc.
Browse 12 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

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 evolving urban corridor.

  • Property Details
      • School DistrictLos Angeles Unified
      • Lot DescriptionTwoToFiveUnitsAcre
      • InteriorAllBedroomsUp
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$2,400,000
      • MLS #SB25119147
      • Property SubtypeQuadruplex
      • MLS #SB25119147
      • Structure TypeQuadruplex
      • Property TypePurchase
      • Cost2400000
      • Acres0.1959
      • Utility SourcePublic
      • Square Feet6446
      • Year Built2020
      • Bedrooms16
      • Bathrooms12
      • Full Baths12
      • Stories2

Location

Zack CosbyReal Estate Group
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