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$ 1,300,000
Est. payment /mo
Active
240 W 46th Street Los Angeles, CA 90037
10 Beds
6 Baths
3,696 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Duet
Listing Status Active
Purchase Type For Sale
Square Footage 3,696 sqft
Price per Sqft $351
MLS Listing ID CRSB25119048
Bedrooms 10
Full Baths 6
HOA Y/N No
Year Built 2017
Lot Size 5,082 Sqft
Acres 0.1167
Property Sub-Type Duet
Property 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.
Location
State CA
County Los Angeles
Zoning LAR2
Interior
Interior Features Family Room
Cooling None
Fireplaces Type None
Fireplace No
Laundry Other, Electric
Exterior
Garage Spaces 2.0
Pool None
View Y/N false
View None
Total Parking Spaces 2
Private Pool false
Building
Story 1
Level or Stories One Story
New Construction No
Schools
School District Los Angeles Unified
Others
Tax ID 5110008011
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.