$2.10M
816 47th Street, LOS ANGELES, CA 90037
Quadruplex
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 4.94% in-place CAP rate and 13.57 GRM, with approximately 24% rental upside. At market rents, the asset is projected to deliver a 6.67% CAP and a 10.94 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
Bedrooms
16
Bathrooms
12
Living Area
6,446 sqft
Lot Size
8,534 sqft
Year Built
2020
Stories
2
Price History
Listed
May 29, 2025
$2.40M
Price Change
Sep 5, 2025
$2.10M
$-300,000
Location
Location Scores
What's Nearby
Restaurants, parks, schools, and more within 3 km. Powered by Google Places.
Chick-fil-A
3758 South Figueroa Street, Los Angeles
Chipotle Mexican Grill
3748 South Figueroa Street, Los Angeles
Subway
1810 West Slauson Avenue Unit D, Los Angeles
Subway
3974 South Figueroa Street, Los Angeles
Taqueria Vista Hermosa
3655 South Grand Avenue C-5, Los Angeles
Chichen Itza
3655 South Grand Avenue c6, Los Angeles
Subway
1032 West Martin Luther King Junior Boulevard #106b, Los Angeles
Natural Soul Food Non Profit cafe
1444 West Martin Luther King Junior Boulevard, Los Angeles
8 places within 3 km · Google Places
Listed by Brett Lyon — Lyon Stahl Investment Real Estate, Inc. (MLS# SBLYONBRE)
MLS# SB25119147
Listing data provided by CRMLS (California Regional Multiple Listing Service). Based on information from CRMLS as of 2/22/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Rose District Real Estate — DRE# 02356332
Mortgage Calculator
Estimate your monthly payment
Estimated Monthly Payment
$12,921.45
per month
Loan Amount
$1,680,000
Down Payment
$420,000
Total Interest
$2,242,721
Total Cost
$4,651,721
Rose District
Real Estate Team
Helpful Resources
$2.10M
816 47th Street, LOS ANGELES, CA 90037