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USACALos Angeles816 W 47Th St
816 W 47 Th St, Home with 16 bedrooms, 12 bathrooms and null parking in Los Angeles CA | Image 1
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$2,400,000

816 W 47 Th St, Los Angeles, CA

Real Estate

For Sale

$--,---,---
16120
  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential
Size 6446 sqft
Garage No
Taxes 
Days Active 0
Lot Size 
Approx. Age 2020
Avg. Price Per Sqft $372
MLS® Number SB25119147

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
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Walk Score®
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Transit Score®
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Bike Score®
MLS® NumberSB25119147
Laundry LevelWasher Hookup, Gas Dryer Hookup
Central VacNo
FireplaceNo
Acreage0.1959
Exterior
GarageNo
Approx. Age2020
Basement
Driveway
Garage Spaces
HeatCentral
A/CCentral Air
Heating Fuel

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