1027 W 46th Street, Los Angeles, California 90037, Los Angeles, 90037 - 5 bed, 4 bath
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Los Angeles, California 90037
This Restored Craftsman Duplex is a High-Potential Investment Opportunity, listed at $875,000—positioned accurately at its $875,000 Fair Market Value. The property features a recently restored 3-bedroom main house and a virtually new 2-bedroom ADU, earning an Excellent Condition Rating. With restored hardwood floors, quartz countertops, and a prime location near USC and BMO Stadium, the asset generates $5,252 in monthly revenue. This turnkey property is perfectly suited for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking immediate, stable cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1027 W 46th Street Subject | $875,000* List Price | 5 | 4 | 2,544 | $344 | - |
A 1261 W 51st Sold | $940,000 | 0 | 0 | 2,401 | $392 | 0.5 mi |
B 961 W 47th Street Active | $1,099,000 List Price | 0 | 0 | 2,772 | $396 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1908, the main Craftsman home has been 'recently restored' with a renovated kitchen featuring gleaming white cabinetry, stainless appliances, and quartz countertops, along with beautifully restored hardwood floors and recessed lighting. The ADU is described as 'virtually new' and 'beautifully appointed.' This indicates extensive recent renovations and new construction, bringing the property's condition to current quality standards, making it move-in ready with modern features.
The property offers significant income generation with two separate rental units: the main house currently rents for $2,964/month and the virtually new ADU for $2,288/month, making it an attractive investment or owner-occupant income property.
The presence of a virtually new 2-bedroom, 2-bath ADU significantly enhances the property's value, offering flexibility for multi-generational living or additional rental income.
The recently restored 1908 Craftsman home beautifully blends original architectural details like a stone fireplace and built-in china cabinet with modern upgrades such as a renovated kitchen with stainless appliances and quartz countertops.
Despite recent restoration, the main house was built in 1908, which may lead to potential long-term maintenance concerns associated with an older property's infrastructure.
While some schools are highly rated, several nearby public schools have lower ratings (2-3 out of 5), which could be a consideration for families prioritizing top-tier public education.
Being located near USC and major stadiums (Coliseum, LAFC) could result in increased traffic, noise, and congestion, particularly during large events, which may not appeal to all buyers.
Recently restored Craftsman home plus virtually new ADU on a large lot near USC, the Los Angeles Memorial Coliseum and LAFC soccer stadium. The front home is approximately 1,680 sq. ft. with 3 bedrooms and 1.5 bath featuring a spacious living room with a gorgeous stone fireplace, recessed lighting and a lovely color palette along with beautifully restored hardwood floors. There is an additional den and private laundry and a study room with plenty of natural light. The kitchen has gleaming white cabinetry, stainless appliances and quartz countertops. The dining room has a built-in original china cabinet and a gorgeous chandelier. The main house currently rents for $2,964 a month and the ADU which is also a beautifully appointed 2 bedroom 2 Bath is currently renting at $2,288 a month and is approximately 864 sq. ft.(Buyer to Verify) This is a terrific home and income or straight income property.
No exterior & parking available.
Grades K-2 • 0.1 mi
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 0.0 | 74% |
| Baths | 4.0 | 0.0 | 79% |
| Square foot | 2,544 | 2,012 | 74% |
| Lot Size | 7,387 | 5,461 | 84% |
| Price | $875.0K | $875.0K | 50% |
| Price per sq ft | $344 | $387 | 42% |
| Built year | 1908 | 1923 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 216 | 242 | 47% |
Sep 18, 2025
$875,000
Initial Listing
Sep 28, 2018
$599,000
Public Record
Jan 5, 2018
$460,000
Public Record
Jan 5, 2018
$384,000
Public Record
Mar 24, 2017
$300,000
Public Record