CA > Los Angeles
Los Angeles, CA 90037,240 W 46th Street
Los Angeles, CA 90037,240 W 46th Street
Los Angeles, CA 90037,240 W 46th Street
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$1,300,000
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10 Beds
6 Baths
3,696 SqFt
Active

240 W 46th Street Los Angeles, CA 90037

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Patty Doyle

Patty Doyle

+1(619) 886-0321

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Key Details

Property Type Townhouse

Sub Type Townhome

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

Year Built 2017

Lot Dimensions 5082

Property Sub-Type Townhome

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

Direction On the Corner of Broadway and W 46th St

Interior

Fireplace No

Laundry Electric, Washer Hookup

Exterior

Garage Spaces 2.0

View Y/N Yes

Water Access Desc Public

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Tax ID 5110008011

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by Brett Lyon Lyon Stahl Investment Real Estate, Inc.

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agent

Patty Doyle

Agent | License ID: 01507441

+1(619) 886-0321

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240 W 46th Street

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