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856 W 47th Street, Los Angeles CA, 9003763623375974657120
856 W 47th Street, Los Angeles CA, 9003763623375974657121
856 W 47th Street, Los Angeles CA, 9003763623375974657122
$1,698,000
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856 W 47th Street, Los Angeles CA, 90037

address856 W 47th St

Description

contect:6576665000 wechat:chuanqit ​​🏢 Income-Generating Fourplex | Los Angeles | Near USC | 7.44% Cap Rate​​ New Construction + Upgraded Units • 4 Units Total • Solar • Oversized Lot Welcome to a rare investment opportunity in Los Angeles’ booming USC area! This fourplex combines brand-new construction (2025) with thoughtfully upgraded historic units, delivering strong cash flow, modern amenities, and prime location benefits — perfect for investors seeking high returns and long-term appreciation. 📊 ​​Investment Highlights​​ • ​​4 units total​​: 2 new (2025) + 2 upgraded (1914) • ​​Cap rate​​: 7.44% | ​​GRM​​: 10.47 — strong current returns • ​​3 units vacant​​ — choose your own tenants and maximize rents • ​​1 unit occupied​​ — immediate cash flow • ​​Oversized lot (7,770 sq ft)​​ with ample parking — rare in LA • ​​Not subject to rent control​​ (new units) — flexibility in pricing 🏠 ​​Unit Breakdown​​ ​​New Duplex (2025) – Rear​​ • Two 3BR/2BA units (912 sq ft each) • Vinyl plank flooring, quartz counters, energy-efficient windows • In-unit washer/dryer hookups + paid-off solar panels • No rent control — ideal for maximizing income ​​Upgraded Duplex (1914) – Front​​ • Two 3BR/2BA units (1,300+ sq ft each) — spacious and historic • Updated interiors + dedicated laundry rooms • Charm with modern functionality ⚡ ​​Property-Wide Upgrades​​ • ​​Separate electric meters + subpanels​​ — tenant-paid utilities • ​​All-copper plumbing​​ — durable and low-maintenance • ​​Solar panels​​ (paid off) — reduce operating costs • ​​Ample parking​​ — high tenant appeal 📍 ​​Prime USC Location​​ • ​​5-minute drive to USC​​ — constant rental demand from students/staff • ​​Near DTLA, Crypto Arena, LA LIVE​​ — entertainment and employment hubs • ​​Walk to amenities + major freeways​​ — convenience tenants love 🎯 ​​Perfect For​​ • Investors seeking a high-cap-rate asset in a growth market • First-time buyers wanting a turnkey property with professional management potential • Portfolio builders eyeing multiple properties in the same area (3 fourplexes available!)


Location
856 W 47th St
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