1037 W 46th Street, Los Angeles, California 90037, Los Angeles, 90037 - 3 bed, 2 bath
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Los Angeles, California 90037
This Single Family Residence represents a Strong Value Opportunity, listed at $600,000—positioned well below the $660,524 Fair Market Value by 9%. This valuation gap provides $60,524 in Instant Equity. With a Condition Rating of 4, the home features a recently updated kitchen on a generous 6,649 sqft lot. While the property requires modernization of vintage systems, its proximity to USC and BMO Stadium ensures high rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1037 W 46th Street Subject | $600,000* List Price | 3 | 2 | 1,414 | $467 | - |
A 1040 W 45th Street Sold | $575,000 | 2 | 1 | 1,344 | $428 | 0.0 mi |
B 1111 W 54th Sold | $640,000 | 3 | 1 | 1,188 | $539 | 0.6 mi |
C 1225 W 52nd Street Sold | $585,000 | 3 | 1 | 1,317 | $444 | 0.5 mi |
D 1021 W 53rd St Sold | $725,000 | 4 | 2 | 1,649 | $440 | 0.5 mi |
E 933 W 57th Sold | $585,000 | 3 | 2 | 1,152 | $508 | 0.8 mi |
F 727 W 53rd Street Sold | $670,000 | 4 | 2 | 1,770 | $379 | 0.6 mi |
G 1024 W 42nd Pl Pending | $599,900 List Price | 2 | 1 | 1,308 | $459 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1907 and maintained by the same family for over 40 years, the home is functional but dated. While the kitchen has been partially updated with newer cabinets and flooring, the presence of wood paneling, popcorn ceilings, and older wall heaters indicates that systems and interior finishes are largely over 20 years old and require modernization.
The property is ideally situated minutes from the University of Southern California (USC), BMO Stadium, and Exposition Park, offering high appeal for university staff, students, or investors.
Built in 1907 and maintained by the same family for 40 years, the home blends original architectural charm, like built-in bookcases and a formal dining fireplace, with a recently updated kitchen.
The 6,649 square foot lot provides a spacious backyard and significant outdoor utility, which is a premium feature for single-family residences in this area of Los Angeles.
Most nearby public schools, including the local middle and high schools, have low performance ratings, which may deter families prioritizing educational infrastructure.
Given the home's 1907 construction date, buyers should anticipate potential maintenance requirements or necessary upgrades to century-old systems not fully modernized.
Nestled in the heart of Los Angeles, this charming 3-bedroom, 2-bath single-family home has been lovingly maintained by the same family for over 40 years. Rich with original character and timeless appeal, the home offers a rare opportunity to own a classic Los Angeles property with much of its original charm still beautifully intact. Inside, you’ll find a spacious primary suite featuring an en suite bathroom and walk-in closet, a formal dining room complete with a fireplace and built-in bookcase, and a cozy den located just off the living room area — perfect for additional living space, a home office, or reading room. The kitchen has been thoughtfully updated with new cabinets, sink, and flooring, while still maintaining the warmth and feel of the home. A charming breakfast area, dedicated laundry room, and spacious backyard add to the home's comfort and functionality. Conveniently located just minutes from University of Southern California, the Natural History Museum of Los Angeles County, BMO Stadium, local libraries, parks, dining, and entertainment.
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 | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,414 | 1,317 | 61% |
| Lot Size | 6,649 | 5,374 | 84% |
| Price | $600.0K | $670.0K | 29% |
| Price per sq ft | $424 | $476 | 23% |
| Built year | 1907 | 1912 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 166 | 6% |
Jun 1, 2026
$600,000
Initial Listing