240 W 46th Street, Los Angeles, CA 90037
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
240 W 46th Street,Los Angeles, CA 90037
$1,050,000
- 10 Beds
- 6 Baths
- 3,696 sq. ft.
- Townhouse
- Pending
Listed by:brett lyon
Office:lyon stahl investment real estate, inc.
MLS#:SB25119048
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,050,000
- Price per sq. ft.:$284.09
About this home
240 W 46th Street presents a rare opportunity to acquire a 2017 construction duplex in the heart of South Los Angeles, offering both scale and efficiency in a turnkey, non-rent-controlled asset. The property features two expansive 5-bedroom/3-bath units totaling nearly 4,000 rentable square feet, ideal for family rentals or co-living strategies. A detached 2-car garage provides secure parking, and the newer construction ensures minimal maintenance requirements for years to come. With projected performance of a 7.59% market CAP rate and a 9.72 market GRM, this asset offers strong upside potential through rental growth. The efficient layout and large unit sizes position the property well for continued tenant demand in a high-occupancy market. Situated on a 5,082 SF lot just minutes from USC, Downtown LA, and major freeways, 240 W 46th Street is ideally located for tenants seeking access to employment hubs, transit, and cultural amenities. With its strong fundamentals, modern build, and no rent control restrictions, this property is a low-risk, high-upside investment in one of Los Angeles most active rental submarkets.
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Home facts
- Year built:2017
- Listing ID #:SB25119048
- Added:131 day(s) ago
- Updated:October 08, 2025 at 07:58 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:6
- Full bathrooms:6
- Living area:3,696 sq. ft.
Structure and exterior
- Year built:2017
- Building area:3,696 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,050,000
- Price per sq. ft.:$284.09
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