1336 W 46th Street, Los Angeles, California 90037, Los Angeles, 90037 - 2 bed, 1 bath

ACTIVE$730,000
1336 W 46th Street, Los Angeles, California 90037
2Beds
1Bath
1,340Sqft
7,389Lot
Year Built
1908
Close
-
List price
$730K
Original List price
$730K
Price/Sqft
$545
HOA
-
Days on market
-
Sold On
-
MLS number
25514055
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 36% below the list price. We found 3 Cons,6 Pros. Rank: price - $730.0K(64th), sqft - 1340(42th), beds - 2(18th), baths - 1(24th).
This charming bungalow boasts original hardwood floors hidden beneath the carpet throughout. With a spacious living and dining room, 2 bedrooms, 1 bathroom, and a versatile bonus room, this home is full of potential for those eager to make it their own. Situated on an extended lot, the property offers ample space for expansion both inside and out. The backyard is perfect for an ADU, RV or boat parking. Sold as-is.
Nearby schools
3/10
Normandie Avenue Elementary School
Public,•K-5•0.1mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•0.4mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•0.6mi
2/10
Western Avenue Elementary School
Public,•K-5•0.7mi
5/10
Menlo Avenue Elementary School
Public,•K-5•0.7mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•0.8mi
2/10
Martin Luther King Jr. Elementary School
Public,•K-5•0.8mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•1.1mi
2/10
Forty-Second Street Elementary School
Public,•K-5•1.3mi
3/10
Angeles Mesa Elementary School
Public,•K-5•1.3mi
2/10
Main Street Elementary School
Public,•K-5•1.6mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•1.6mi
3/10
Trinity Street Elementary School
Public,•K-5•1.8mi
/10
Maple Primary Center
Public,•K-1•1.9mi
3/10
Sixth Avenue Elementary School
Public,•K-5•2.2mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•0.6mi
2/10
John Muir Middle School
Public,•6-8•1.1mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.8mi
2/10
Audubon Middle School
Public,•6-8•1.8mi
1/10
Horace Mann Junior High School
Public,•6-8•1.9mi
3/10
Los Angeles Academy Middle
Public,•6-8•2.2mi
3/10
Manual Arts Senior High School
Public,•9-12•0.6mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.3mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•1.7mi
3/10
Nava College Preparatory Academy
Public,•9-12•2.8mi
5/10
Santee Education Complex
Public,•9-12•2.8mi
Price History
Date
Event
Price
07/17/01
Sold
$179,000
Condition Rating
Poor
Built in 1908 and sold 'as-is,' this property clearly requires substantial repairs and rehabilitation. The single exterior image shows significant deferred maintenance, including an old, discolored roof and faded paint. While the description mentions 'original hardwood floors hidden beneath the carpet,' implying some underlying value, the lack of any mention of recent renovations, coupled with the age, suggests that major systems (electrical, plumbing, HVAC) are likely outdated or in need of extensive replacement. The kitchen and bathroom conditions are not shown but are highly probable to be original or very old, requiring full modernization. This property is a project for a buyer willing to invest heavily in renovation.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7389, living area = 1340.
Significant Expansion Potential: The generous 7,389 sqft lot offers ample space for expansion, including the potential for an Accessory Dwelling Unit (ADU), RV, or boat parking, which is highly desirable in Los Angeles.
Original Architectural Charm: The property boasts original hardwood floors hidden beneath the carpet, providing an opportunity to restore classic character and enhance aesthetic appeal.
Versatile Interior Space: Featuring a spacious living and dining room, along with a versatile bonus room, the home offers flexible layouts and potential for customization to suit various needs.
Desirable Los Angeles Location: Located in Los Angeles, the property benefits from proximity to highly-rated public schools such as Menlo Avenue Elementary School (rating 5) and Manual Arts Senior High School (rating 3).
Investment Opportunity: The 'as-is' condition and inherent potential for renovation and expansion present a clear opportunity for buyers to invest sweat equity and significantly increase the property's value.
Cons
As-Is Sale Condition: The property is sold 'as-is,' indicating that the buyer will be responsible for all necessary repairs, renovations, and potential system upgrades, which could entail substantial costs.
Age of Property & Potential for Outdated Systems: Built in 1908, the home is over a century old, suggesting that major systems (plumbing, electrical, HVAC) may be outdated or require significant maintenance and replacement.
Potential Overpricing: The current listing price of $730,000 is significantly higher than the estimated property value of $460,007, as indicated by an estimation ratio of -36%, which may deter potential buyers or complicate financing.