We are pleased to present this new construction, 2020 year build 4-unit apartment community located at 816 W 47th St offered at a 12.74 GRM and 6.13% CAP on current rents with upside potential to achieve a 10.65 GRM and 7.39% CAP with proforma rents. This opportunity consists of two, two-story duplexes offering a total of 6,446 rentable square feet which sit on an 8,534 square foot LARD2 zoned lot with 6 onsite uncovered parking spaces in the rear. The unit mix consists of four (4) massive four bedroom three-bathroom units that average 1,611 square feet each. ALL UTILITIES are paid for by the tenants! Nearby amenities include the Gilbert Lindsay Recreation Center, Trader Joe’s, the Ross Snyder Recreation Center, Superior Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information.
AGENT: Casey Lins LISTING BROKERAGE: Kidder Mathews of California, Inc.
Courtesy of Kidder Mathews of California, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 816 W 47th ST
Los Angeles, CA
Property Details
Price:
$2,079,000
MLS #:
26663623
Status:
Active
Beds:
16
Baths:
12
Type:
Single Family
Neighborhood:
c34losangelessouthwest
Listed Date:
Mar 12, 2026
Finished Sq Ft:
6,446
Total Sq Ft:
6,446
Lot Size:
8,534 sqft / 0.20 acres (approx)
Year Built:
2020
C34 – Los Angeles SouthwestC34losangelessouthwest
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Schools
Interior
Levels
U
Exterior
Common Walls
_1CW
Parking Spots
6
Parking Total
6
Financial
Gross Operating Income
$163,200
Net Operating Income
$127,493
Map
Community
- Address816 W 47th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
