240 W 46th Street

Los Angeles, CA 90037

  • 10 Bed(s)
  • 6 Bath(s)
  • 3,696 Sqft
  • 5082
    Sqft(Lot)
$1,300,000

Description

240 w 46th street presents a rare opportunity to acquire a 2017 construction duplex in the heart of south los angeles, offering both scale and efficiency in a turnkey, non-rent-controlled asset. the property features two expansive 5-bedroom/3-bath units totaling nearly 4,000 rentable square feet, ideal for family rentals or co-living strategies. a detached 2-car garage provides secure parking, and the newer construction ensures minimal maintenance requirements for years to come.

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.

  • Property Type

    Residential

  • County

    Los Angeles

  • Style

    Residential

  • AD ID

    49994693

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Property Details

  • Bedroom Information

    • Total Bedrooms : 10

    Bathroom Information

    • Total Baths: 6
    • Full Baths: 6

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Fireplace: None

    Cooling Features

    • None
    • Air Conditioning

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 2017

    Pool Features

    • None

    Laundry Features

    • Washer Hookup,Electric Dryer Hookup

  • Lot Details

    • Lot Dimensions Source: Assessor
    • Lot Size Acres: 0.1167
    • Lot Size Dimensions: 5082
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 5082

  • Listing Price Information

    • Original List Price: 1,300,000
    • Listing Contract Date: 2025-05-29

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5110008011

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C42 - Downtown L.A.
    • Postal Code Plus 4: 2724
    • Directions: On the Corner of Broadway and W 46th St
    • Zoning: LAR2
    • Source Property Type: Residential
    • Area: C42 - Downtown L.A.
    • Property SubType: Duplex

    Building and Construction

    • Property Age: 8
    • Common Walls: 2+ Common Walls
    • Structure Type: Duplex
    • Year Built Source: Assessor
    • Total Square Feet Living: 3696
    • Entry Level: 1
    • Entry Location: Front
    • Property Attached: Yes
    • Levels or Stories: One
    • Building Total Stories: 1
    • Structure Type: Duplex
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BuyOwner last updated this listing 06/15/2025 @ 15:25

  • MLS: SB25119048
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 10 bedrooms which is for sale, it has 3,696 sqft, 5,082 sized lot, and 2 parking. are nearby neighborhoods.