856 W 47th St | 4-Unit Multifamily in South Los Angeles. Classic 1914 asset renovated in 2025 totaling 4,510 SF on a 7,778 SF LARD2 lot. The property features a desirable (4) 3-bed / 2-bath unit mix averaging approximately 1,106 SF and includes 4 on-site parking spaces. One unit is delivered vacant at close available to lease immediately at full market rent of $3,668 with no RFPA, no inherited lease. Two units are non-rent controlled ADUs, offering full rent reset flexibility at each vacancy. Offered at $1,375,000 ($343,750/unit | $304.88/SF) with an 8.29% in-place cap rate and 9.13 GRM, the property delivers strong current yield with meaningful additional upside as rents align toward market levels in a high-demand South Los Angeles rental corridor.
For sale
Price cut: $25K (6/7)
$1,375,000
856 W 47th St, Los Angeles, CA 90037
12beds
8baths
4,510sqft
Multi Family
Built in 1914
-- sqft lot
$1,359,300 Zestimate®
$305/sqft
$-- HOA
What's special
- 179 days |
- 167 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Taylor Avakian DRE # 02060040 916-996-4421,
Lyon Stahl Investment Real Estate, Inc. 310-425-9838
Source: CLAW,MLS#: 26638301
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
Heating
- Wall
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Microwave, Dryer, Disposal
- Laundry: Gas Or Electric Dryer Hookup, Electric Dryer Hookup
Features
- Built-Ins
Interior area
- Total structure area: 4,510
- Total interior livable area: 4,510 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Stories: 1
Lot
- Size: 7,779 Square Feet
Details
- Additional structures: None
- Parcel number: 5018011052
- Zoning: LARD2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1914
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $305/sqft
- Tax assessed value: $902,026
- Annual tax amount: $11,241
- Date on market: 1/15/2026
Estimated market value
$1,359,300
$1.29M - $1.43M
$2,372/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/7/2026 | Listed for sale | $1,375,000-1.8%$305/sqft |
Source:  CLAW #26638301 Report a problem | ||
| 5/1/2026 | Contingent | $1,400,000$310/sqft |
Source: CLAW #26638301 Report a problem | ||
| 1/15/2026 | Listed for sale | $1,400,000-17.6%$310/sqft |
Source: CLAW #26638301 Report a problem | ||
| 1/7/2026 | Listing removed | $1,698,000$376/sqft |
Source: eXp Realty #CRBB25199896 Report a problem | ||
| 12/23/2025 | Listed for sale | $1,698,000+99.8%$376/sqft |
Source: eXp Realty #CRBB25199896 Report a problem | ||
| 5/10/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/29/2022 | Price change | $3,300+3.1%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/21/2022 | Listed for rent | $3,200$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/4/2022 | Sold | $850,000-2.9%$188/sqft |
Source: Public Record Report a problem | ||
| 2/9/2022 | Contingent | $874,999$194/sqft |
Source:  CRMLS #MB22000910 Report a problem | ||
| 2/1/2022 | Listed for sale | $874,999$194/sqft |
Source: CRMLS #MB22000910 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,241 +1.3% | $902,026 +2% |
| 2024 | $11,100 +1.9% | $884,340 +2% |
| 2023 | $10,893 +4.9% | $867,000 +481.9% |
| 2022 | $10,385 +393.8% | $149,005 +2% |
| 2021 | $2,103 -0.6% | $146,084 +1% |
| 2020 | $2,116 | $144,587 +2% |
| 2019 | $2,116 +11.8% | $141,753 +2% |
| 2018 | $1,893 | $138,975 +2% |
| 2017 | $1,893 +1.9% | $136,251 +2% |
| 2016 | $1,857 +4.1% | $133,580 +1.5% |
| 2015 | $1,784 +0.2% | $131,574 +2% |
| 2014 | $1,781 | $128,998 +2.5% |
| 2012 | -- | $125,899 +2% |
| 2011 | -- | $123,431 +0.8% |
| 2010 | -- | $122,509 -0.2% |
| 2009 | -- | $122,801 +2% |
| 2008 | -- | $120,394 +2% |
| 2007 | -- | $118,034 +2% |
| 2006 | -- | $115,720 |
| 2005 | -- | $115,720 +4% |
| 2004 | -- | $111,229 +1.9% |
| 2003 | -- | $109,191 +2% |
| 2002 | -- | $107,051 +4% |
| 2000 | -- | $102,896 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: South Los Angeles
Nearby schools
GreatSchools rating
- 6/10Marguerite Poindexter Lamotte ElementaryGrades: K-5Distance: 0.2 mi
- 5/10John Muir Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Manual Arts Senior High SchoolGrades: 9-12Distance: 0.6 mi
- $2,9593 bd2 ba-- sqft856 W 47th St #858-3/4, Los Angeles, CA 90037For Rent
- $--3 bd2 ba-- sqft856 W 47th St #856, Los Angeles, CA 90037Off Market
- $--3 bd2 ba-- sqft856 W 47th St #856A, Los Angeles, CA 90037Off Market
- $--3 bd2 ba-- sqft856 W 47th St #856B, Los Angeles, CA 90037Off Market
- $--3 bd2 ba1.4k sqft856 W 47th St #A, Los Angeles, CA 90037Off Market
- $650,0003 bd2 ba1.3k sqft852 W 47th St, Los Angeles, CA 90037Sold
- $1,049,2007 bd4 ba3.5k sqft860 W 47th St, Los Angeles, CA 90037Off Market
- $--3 bd2 ba1k sqft860 W 47th St #1/2, Los Angeles, CA 90037Off Market
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