856 W 47th Street
Los Angeles, CA 90037
Map
- – beds
- – baths
- – sqft
- ~7778 acre lot
- 2025 build
- – on site
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.
Last checked:
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Last updated Jul 14, 2025
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MLS# BB25153441 —
This property is listed in more than one place. See it here, and here.
The Building
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Year Built:2025
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Year Built Source:Public Records
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New Construction:Yes
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Building Area Total:4510.00
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Building Area Units:Square Feet
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Total Number Of Units:4
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# of Buildings:2
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Roof:Shingle
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Stories Total:2
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Entry Level:1
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Common Walls:1 Common Wall
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# of Separate Gas Meters:4
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# of Separate Water Meters:1
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# of Separate Electric Meters:4
Interior
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Features:Ceiling Fan(s), Copper Plumbing Full
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Levels:Two
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Entry Location:Street
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Flooring:Tile, Vinyl
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Fireplace:No
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Fireplace:None
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Laundry:Gas & Electric Dryer Hookup, Washer Hookup
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Laundry:1
Location
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Directions:Vernon to Hoover to 47th Street
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Latitude:34.00027900
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Longitude:-118.28811900
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Zoning:LARD2
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Lot Features:0-1 Unit/Acre
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Lot Size Area:7778.0000
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Lot Size Acres:7778.0000
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Lot Size SqFt:338809680.00
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Lot Size Source:Public Records
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Lot Dimensions Source:Public Records
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View:None
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Fencing:Block
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Fence:Yes
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Road Frontage:City Street
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Road Surface Type:Paved
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:37
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Tax Lot:37
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5018011052
Heating & Cooling
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Heating:1
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Heating:Central, Combination
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Cooling:Yes
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Cooling:Central Air, Wall/Window Unit(s)
Utilities
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Utilities:Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Sewer:Public Sewer
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Electric:Standard
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Green Energy Generation:Solar
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Water Source:Public
Appliances
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Appliances:Gas Range
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Included:Yes
The Community
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Subdivision:Kendall's Berry Land
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Features:Curbs
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:Yes
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Parking:Uncovered
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Parking Spaces:4.00
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Uncovered Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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7/13/25
Jul 13, 2025
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Listed / Active | CRMLS_CA | $1,749,000 | 105.8% (32.3% / YR) |
|
4/4/22
Apr 4, 2022
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CRMLS_CA | $850,000 | -2.9% | |
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2/9/22
Feb 9, 2022
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CRMLS_CA | $874,999 |
