1401 E 46th Street, Los Angeles, CA 90011
Local realty services provided by:Better Homes and Gardens Real Estate Champions
1401 E 46th Street,Los Angeles, CA 90011
$830,000
- 9 Beds
- 7 Baths
- 3,186 sq. ft.
- Multi-family
- Active
Listed by: sevak keshishian, shara parseghian
Office: marcus & millichap818-212-2700
MLS#:26876861
Source:CRMLS
Price summary
- Price:$830,000
- Price per sq. ft.:$260.51
About this home
We are pleased to present the opportunity to acquire 1401 E 46th St, an attractive six-unit multifamily property located in the Central-Alameda neighborhood of South Los Angeles. Situated on a corner lot, the property consists of approximately 3,186 SF of building area on a 6,557 SF lot and is zoned LAR2, providing an attractive combination of existing income and long-term upside.Originally constructed in 1949, the property features a diverse unit mix consisting of two studios, three 2-bedroom/1-bath units, and one 3-bedroom/2-bath unit, including one 2-bedroom unit to be delivered vacantproviding an incoming owner with immediate flexibility to lease, renovate, or occupy the unit. The property also offers approximately five to six open-air parking spaces and gated access, providing valuable amenities for tenants.Residents benefit from individually metered gas and electricity, allowing the owner to minimize utility expenses and place greater responsibility for consumption directly on tenants. The property offers approximately 33% rental upside, providing an investor with a compelling opportunity to increase income through the lease-up and repositioning of the property.Located just one block south of Vernon Ave, one block west of Compton Ave, and only one block from the Metro A Line, the property benefits from excellent access to public transportation, major employment centers, educational institutions, and neighborhood amenities, providing strong connectivity throughout Los Angeles. The property is also conveniently located next door to Ascot Elementary School and near USC, BMO Stadium, Exposition Park, the Los Angeles Memorial Coliseum, and the Lucas Museum of Narrative Art....
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Home facts
- Year built:1949
- Listing ID #:26876861
- Added:30 day(s) ago
- Updated:September 25, 2026 at 11:28 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:7
- Kitchen Description:Disposal
- Living area:3,186 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1949
- Building area:3,186 sq. ft.
- Lot area:0.15 Acres
- Levels:2 Story
Finances and disclosures
- Price:$830,000
- Price per sq. ft.:$260.51
Features and amenities
- Appliances:Disposal
Parking
- Parking description:Gated
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