Los Angeles, CA 90037,856 W 47th ST
Los Angeles, CA 90037,856 W 47th ST
Los Angeles, CA 90037,856 W 47th ST
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Beverly & Hector Team
$1,749,000
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7,778 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB25153441

HOA Y/N No

Year Built 2025

Lot Size 7778.000 Acres

Lot Dimensions Public Records

Property Sub-Type Quadruplex

Property Description

Don't miss this rare opportunity to own an income generating fourplex in one of Los Angeles' most rapidly developing neighborhoods near USC! This exceptional property combines brand-new construction (2 units, built in 2025) and upgraded existing units (2 units) for a combined 4-unit investment property.

At the rear of the property sits a newly built (2025) duplex, featuring two beautifully designed 3-bedroom, 2-bathroom units—each 912 square feet. These modern residences offer stylish vinyl plank flooring, quartz countertops, dual-pane energy-efficient windows, new water heaters, in-unit washer/dryer hookups, and fully paid-off solar panels for long-term energy savings.

The front duplex built in 1914 has been thoughtfully upgraded and includes two spacious 3-bedroom, 2-bathroom units, each over 1,300 square feet. These units also feature dedicated laundry rooms with washer/dryer hookups and updated interiors, providing comfort and convenience for tenants. The property has plenty of onsite parking as well as it is an oversized lot exceeding 7,770 square feet in the heart of Los Angeles.

The property has undergone significant infrastructure upgrades, including a modernized electrical system with separate electric meters and sub panels for each unit, as well as all-copper plumbing throughout.

A 5-minute drive to the University of Southern California (USC), and close proximity to Downtown Los Angeles including Crypto Arena, LA LIVE, this property is perfectly positioned in a high-demand rental market. With easy access to major freeways and everyday amenities, this turn-key property is perfect for seasoned or first-time investors seeking solid returns, low maintenance, and a prime location for continued growth. The property has 3 units available and 1 unit paying rent on time and as agreed, making it ideal for investors looking to identify their own tenants and maximize cash flow.

This property is one of three 4-unit investment properties available in a portfolio—offering great opportunity for buyers looking to invest in an individual or multiple income-generating assets.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LARD2

Interior

Interior Features Ceiling Fan(s)

Heating Combination, Central

Cooling Central Air, Wall/Window Unit(s)

Flooring Tile, Vinyl

Fireplaces Type None

Fireplace No

Appliance Gas Range

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Parking Features Uncovered

Fence Block

Pool None

Community Features Curbs

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Shingle

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction Yes

Others

Senior Community No

Tax ID 5018011052

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, Fannie Mae

Green/Energy Cert Solar

Listing Terms Cash, Conventional, 1031 Exchange, FHA, Fannie Mae

Special Listing Condition Standard


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CRMLS – RECore
Listed by Brenda Hailey eXp Realty of Greater Los Angeles, Inc. 310-266-9890
agent-avatar

+1(626) 922-9910

team@bh-realtor.com

1411 S Diamond Bar Blvd, Diamond Bar, CA, 91765, USA

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856 W 47th ST