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 evo
MLS #
CRSB25105253
MLS Source
California Regional MLS
Days on Site
1
Heating
Central Forced Air
Pool
None
Garage/Parking
Garage: 0 Car(s)
Listing Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
License #: 01717818
Phone: (310) 706-4066
Co-Listing Agent
Woody Stahl
Lyon Stahl Investment Real Est
License #: 01399621
Phone: (310) 425-9838
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 4 | 4 |
816 W 47th St is a Residential Income in Los Angeles, CA 90037. This – square foot property sits on a 8,534 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,400,000 and was built in 2020.
This address can also be written as 816 W 47th St, Los Angeles, CA 90037.©2025 California Regional MLS. All rights reserved. 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. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of May 13, 2025. For the most current information, please contact Brett Lyon, (310) 706-4066