240 46th Street, Los Angeles, CA 90037
Local realty services provided by:ERA North Orange County Real Estate
240 46th Street,Los Angeles, CA 90037
$1,050,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: brett lyon
Office: lyon stahl investment real estate, inc.
MLS#:SB25105139
Source:CAREIL
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Price summary
- Price:$1,050,000
About this home
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 7.59% market CAP rate and a 9.72 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.
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Home facts
- Year built:2017
- Listing ID #:SB25105139
- Added:174 day(s) ago
- Updated:November 20, 2025 at 07:19 AM
Structure and exterior
- Year built:2017
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,050,000
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