240 W 46th ST Los Angeles, CA 90037
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,696 sqft
Price per Sqft $351
MLS Listing ID SB25119048
Bedrooms 10
Full Baths 6
HOA Y/N No
Year Built 2017
Lot Size 5,083 Sqft
Lot Dimensions Assessor
Property Sub-Type Duplex
Property Description
With projected performance of a 5.90% market CAP rate and a 12.04 market GRM, this asset offers strong upside potential through rental growth. The efficient layout and large unit sizes position the property well for continued tenant demand in a high-occupancy market.
Situated on a 5,082 SF lot just minutes from USC, Downtown LA, and major freeways, 240 W 46th Street is ideally located for tenants seeking access to employment hubs, transit, and cultural amenities. With its strong fundamentals, modern build, and no rent control restrictions, this property is a low-risk, high-upside investment in one of Los Angeles' most active rental submarkets.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR2
Rooms
Main Level Bedrooms 5
Interior
Cooling None
Fireplaces Type None
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking
View Y/N No
View None
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre
Dwelling Type Duplex
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5110008011
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
