1027 W 46th Street, Los Angeles, California 90037, Los Angeles, 90037 - bed, bath
ACTIVE$875,000
1027 W 46th Street, Los Angeles, California 90037
0Bed
0Bath
2,544Sqft
7,387Lot
Year Built
1908
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$344
HOA
-
Days on market
-
Sold On
-
MLS number
SB25098359
Home ConditionExcellent
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $875.0K(48th), sqft - 2544(50th), beds - undefined(50th), baths - undefined(50th).
Recently restored Craftsman home plus virtually new ADU on a large lot near USC, the Los Angeles Memorial Coliseum and LAFC soccer stadium. The front home is approximately 1,680 sq. ft. with 3 bedrooms and 1.5 bath featuring a spacious living room with a gorgeous stone fireplace, recessed lighting and a lovely color palette along with beautifully restored hardwood floors. There is an additional den and private laundry and a study room with plenty of natural light. The kitchen has gleaming white cabinetry, stainless appliances and quartz countertops. The dining room has a built-in original china cabinet and a gorgeous chandelier. The main house currently rents for $2,964 a month and the ADU which is also a beautifully appointed 2 bedroom 2 Bath is currently renting at $2,288 a month and is approximately 864 sq. ft.(Buyer to Verify) This is a terrific home and income or straight income property.
Nearby schools
/10
Dr. James Edward Jones Primary Center
Public,•K-2•0.1mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•0.2mi
3/10
Normandie Avenue Elementary School
Public,•K-5•0.3mi
5/10
Menlo Avenue Elementary School
Public,•K-5•0.5mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•0.5mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•0.7mi
2/10
Western Avenue Elementary School
Public,•K-5•1.0mi
2/10
Martin Luther King Jr. Elementary School
Public,•K-5•1.1mi
2/10
Main Street Elementary School
Public,•K-5•1.2mi
3/10
Trinity Street Elementary School
Public,•K-5•1.5mi
/10
Maple Primary Center
Public,•K-1•1.6mi
2/10
Forty-Second Street Elementary School
Public,•K-5•1.7mi
3/10
Angeles Mesa Elementary School
Public,•K-5•1.7mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•1.9mi
3/10
Sixth Avenue Elementary School
Public,•K-5•2.4mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.0mi
2/10
John Muir Middle School
Public,•6-8•1.1mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.5mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.8mi
1/10
Horace Mann Junior High School
Public,•6-8•2.1mi
2/10
Audubon Middle School
Public,•6-8•2.2mi
3/10
Manual Arts Senior High School
Public,•9-12•0.4mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.2mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.1mi
3/10
Nava College Preparatory Academy
Public,•9-12•2.4mi
5/10
Santee Education Complex
Public,•9-12•2.5mi
Price History
Date
Event
Price
09/28/18
Sold
$599,000
01/05/18
Sold
$460,000
01/05/18
Sold
$384,000
03/24/17
Sold
$300,000
Condition Rating
Excellent
Despite being built in 1908, the property has undergone a 'recently restored' main house and features a 'virtually new ADU.' The main house boasts a renovated kitchen with gleaming white cabinetry, stainless appliances, and quartz countertops, along with beautifully restored hardwood floors and recessed lighting. The ADU is described as 'beautifully appointed' with 2 bedrooms and 2 baths, indicating modern and high-quality finishes. These extensive and recent updates, particularly in the kitchen and the new ADU, align with the 'Excellent' criteria of being extensively renovated within 5 years with virtually new components meeting current quality standards.
Pros & Cons
Pros
Income-Generating Property: The property offers significant income potential with both the main house ($2,964/month) and a virtually new ADU ($2,288/month) currently rented, making it ideal for investors or owner-occupants seeking rental offset.
Accessory Dwelling Unit (ADU): The presence of a virtually new, beautifully appointed 2-bedroom, 2-bath ADU significantly enhances property value, offers flexible living arrangements, and meets high demand for multi-generational housing or additional rental income.
Historic Charm & Restoration: A recently restored 1908 Craftsman home featuring beautifully restored hardwood floors, a gorgeous stone fireplace, and an original built-in china cabinet, appealing to buyers who appreciate character and classic architectural details.
Modern Interior Updates: The main house boasts a renovated kitchen with gleaming white cabinetry, stainless appliances, and quartz countertops, along with recessed lighting, blending modern functionality with historic appeal.
Prime Location: Strategically located near major institutions and entertainment venues such as USC, the Los Angeles Memorial Coliseum, and LAFC soccer stadium, ensuring strong rental demand and potential for appreciation.
Cons
Age of Main Structure: Built in 1908, the main house, despite restoration, may still have underlying older systems (plumbing, electrical) that could require future maintenance or upgrades not immediately apparent.
Buyer Verification Required: The listing explicitly states 'Buyer to Verify' for the ADU's square footage and rents, which places the burden of due diligence on the buyer and could introduce uncertainty regarding actual property specifications or income.
Lack of Views: The property description explicitly states 'view: None,' which might be a drawback for buyers prioritizing scenic outlooks, potentially impacting its desirability compared to properties with desirable views in the Los Angeles market.