401 E 46th Street, Los Angeles, California 90011, Los Angeles, - bed, bath
ACTIVE$730,000
401 E 46th Street, Los Angeles, California 90011
0Bed
0Bath
1,955Sqft
6,258Lot
Year Built
1915
Close
-
List price
$730K
Original List price
$775K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SR25006807
Home ConditionFair
Features
View-
About this home
Great opportunity for a great income producing Triplex property! Brand new Private Adu that was built in 2023 is a 1 bed/ 1 bath (4468 San Pedro St). The main duplex property both units each have a 2 bed/1 bath each with its own address, 401 E 46th St. and 4470 San Pedro St. Convenient access to key freeways including I-10, I-110, and I-5, as well as public transportation. Don’t miss your chance to own this exceptional investment property! major price improvement... property to be sold with tenants in place
Nearby schools
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.5mi
2/10
Main Street Elementary School
Public,•K-5•0.6mi
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•0.6mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•0.7mi
2/10
Harmony Elementary School
Public,•K-5•0.7mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.7mi
5/10
Estrella Elementary School
Public,•K-5•0.8mi
2/10
Aurora Elementary School
Public,•K-5•0.8mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•1.1mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•1.1mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•1.3mi
3/10
George Washington Carver Middle School
Public,•6-8•0.5mi
3/10
Los Angeles Academy Middle
Public,•6-8•0.8mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.2mi
2/10
John Muir Middle School
Public,•6-8•1.6mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•1.2mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.2mi
3/10
Manual Arts Senior High School
Public,•9-12•1.3mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.5mi
5/10
Santee Education Complex
Public,•9-12•1.9mi
3/10
John C. Fremont Senior High School
Public,•9-12•2.2mi
Price History
Date
Event
Price
06/18/14
Sold
$325,000
10/11/13
Sold
$245,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (23 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 1,955 | 1,988 | 46% |
| Lot Size | 6,258 | 5,364 | 83% |
| Price | $730K | $710K | 58% |
| Price per square foot | $373 | $348.5 | 58% |
| Built year | 1915 | 9610962 | 42% |
| HOA | |||
| Days on market | 299 | 178 | 88% |
Condition Rating
Fair
The property was built in 1915. While the description mentions a new ADU built in 2023, the main duplex units are significantly older. The images show the exterior of the property, which appears aged but maintained. Without interior images, it's difficult to assess the condition of the kitchens and bathrooms, but given the age, it's likely that they are outdated and may require updates or repairs. Therefore, a 'fair' condition score is appropriate.
Pros & Cons
Pros
Income Potential: Triplex property with an additional newly built ADU, offering significant income-generating potential.
New ADU: The property includes a brand new, private 1 bed/1 bath ADU built in 2023, adding immediate value and rental appeal.
Multiple Units: The property consists of a duplex (two 2 bed/1 bath units) and a separate ADU, providing diverse rental options.
Location & Accessibility: Convenient access to major freeways (I-10, I-110, I-5) and public transportation enhances tenant appeal and property value.
Price Improvement: Recent major price improvement makes this property a more attractive investment opportunity.
Cons
Tenant Occupied: Property to be sold with tenants in place, which may limit immediate changes or renovations by the new owner.
Age of Main Structure: The main duplex was built in 1915, potentially requiring ongoing maintenance and updates.
Unknown Condition of Existing Units: The description focuses on the new ADU, with no details on the condition or recent upgrades of the existing duplex units.