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1946 S La Salle Avenue, Los Angeles, California 90018, Los Angeles, 90018 - 5 bed, 2 bath

1946 S La Salle Avenue, Los Angeles, California 90018 home-pic-0
ACTIVE$1,095,000
1946 S La Salle Avenue, Los Angeles, California 90018
5Beds
2Baths
3,970Sqft
7,503Lot
Year Built
1908
Close
-
List price
$1.09M
Original List price
$1.09M
Price/Sqft
$276
HOA
-
Days on market
-
Sold On
-
MLS number
25565527
Home ConditionFair
Features
View

About this home

We found 3 Cons,5 Pros. Rank: price - $1.09M(65th), sqft - 3970(96th), beds - 5(89th), baths - 2(50th).

Prime Investment Property with Multiple Income Streams this versatile investment opportunity features a spacious main residence with 5 bedrooms and 2 bathrooms, providing ample space for family living or long-term tenants. Additionally, the property includes two separate one-bedroom units, ideal for generating additional rental income or accommodating extended family members. Key Features: Main residence with 5 large bedrooms and 2 bathrooms Two standalone one-bedroom units, perfect for extra tenants or rental income, Well-maintained interior with potential for customizationSuitable for investors seeking diversified income streams Convenient location with easy access to amenities, transportation, and local attractions , Ample parking and outdoor space Investment Highlights: Multiple rental units increase cash flow potential Flexible use options long-term rentals, short-term rentals, or owner-occupier with rental income Strong rental demand in the area. This property offers a fantastic opportunity for investors looking to maximize returns through a combination of spacious main living and additional rental units. Don't miss out on this rare find!

Price History

Date
Event
Price
07/15/25
Listing
$1,095,000
Condition Rating
Fair
Built in 1908, this property is aged but appears to be maintained and functional. The kitchens and bathrooms are notably outdated with original or very old cabinets, countertops, tiles, and fixtures, requiring significant cosmetic updates. Flooring is a mix of worn hardwood/laminate, old carpet, and dated tiles. While livable and generating income (as per description), it shows clear signs of age and has not undergone major modern renovations, aligning with the 'Fair' condition criteria of being aged but maintained, with major components functional but outdated.
Pros & Cons

Pros

Multiple Income Streams: The property features a main residence plus two separate one-bedroom units, offering diversified income potential for investors.
Versatile Use Options: Flexible options for long-term rentals, short-term rentals, or owner-occupancy with supplemental rental income, appealing to a broad range of buyers.
Spacious Main Residence: The primary dwelling boasts 5 large bedrooms and 2 bathrooms, providing ample space for a large family or multiple tenants.
Strong Rental Demand: The listing highlights strong rental demand in the area, indicating a favorable market for investment.
Convenient Location: Situated in Los Angeles, the property offers easy access to amenities, transportation, and local attractions.

Cons

Age of Property: Built in 1908, the property may have older systems (plumbing, electrical, HVAC) that could require significant updates or maintenance.
Potential for Customization/Updates: While described as 'well-maintained,' the mention of 'potential for customization' suggests further investment may be needed to modernize or maximize value.
Zoning/Permitting for Multi-Unit Use: Listed as a 'Single Family Residence' despite having 'two separate one-bedroom units' raises questions about the legal multi-unit status and potential zoning compliance issues.

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