1223 E 46th Street, Los Angeles, California 90011, Los Angeles, - bed, bath
ACTIVE$750,000
1223 E 46th Street, Los Angeles, California 90011
0Bed
0Bath
2,687Sqft
5,648Lot
Year Built
1907
Close
-
List price
$750K
Original List price
$850K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
MB25158723
Home ConditionPoor
Features
View-
About this home
Charming duplex in a great location. Close to schools and parks. Front unit has 2 bedrooms and 1 bathroom, while the back unit has 4 bedrooms and 2 bathrooms, with a covered carport for 3 automobiles. Has separate meters for gas and electrical only.
Price History
Date
Event
Price
10/11/25
Price Change
$750,000-11.8%
08/28/25
Price Change
$850,000+13.3%
08/13/25
Price Change
$750,000
07/16/25
Listing
$850,000
03/01/94
Sold
$120,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (23 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2,687 | 2,022 | 92% |
| Lot Size | 5,648 | 5,364 | 75% |
| Price | $750K | $710K | 58% |
| Price per square foot | $279 | $345 | 17% |
| Built year | 1907 | 9610962 | 29% |
| HOA | |||
| Days on market | 111 | 166 | 17% |
Condition Rating
Poor
Built in 1907, this property shows significant age and a clear lack of recent renovations. The kitchen features very old cabinets, basic appliances, and dated flooring, requiring a complete overhaul. The bathroom is similarly outdated with old fixtures and tiling. The exterior exhibits peeling paint, an old fence, and an aged, worn carport structure. While the property appears structurally intact, the visible condition of key areas and the age of the home strongly suggest that major systems (plumbing, electrical, HVAC, roof) are likely at or beyond their expected lifespan and will require substantial repairs and rehabilitation to meet modern standards and ensure safety and comfort.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex classified as 'Residential Income,' offering two separate units (2 bed/1 bath and 4 bed/2 bath) which provides excellent potential for rental income or owner-occupancy with supplementary income.
Flexible Unit Configuration: The distinct unit sizes (a smaller 2-bedroom and a larger 4-bedroom) cater to a wider range of potential tenants or family structures, enhancing its market appeal.
Ample Covered Parking: A covered carport accommodating three automobiles is a significant advantage in Los Angeles, providing convenience and added value for residents.
Separate Utility Meters: The presence of separate gas and electrical meters for each unit simplifies tenant billing and management, making it a more attractive investment property.
Desirable Location: Described as being in a 'great location' and 'close to schools and parks,' indicating convenience and potential appeal for families, supported by several nearby schools with good ratings.
Cons
Advanced Age of Property: Built in 1907, the property is over a century old, suggesting a high likelihood of requiring significant capital investment for system upgrades (e.g., plumbing, electrical, HVAC) and structural maintenance.
Price Volatility: The listing history shows multiple price changes, fluctuating between $850,000 and $750,000, which may indicate challenges in market valuation or difficulty in attracting buyers at higher price points.
Potential for Deferred Maintenance/Outdated Features: Given its age and the lack of explicit mention of recent renovations, the property likely has outdated features and potential deferred maintenance, requiring further investment to modernize and maximize rental potential.