1223 E 46th Street, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath
ACTIVE$850,000
1223 E 46th Street, Los Angeles, California 90011
0Bed
0Bath
2,687Sqft
5,648Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is a duplex with two distinct units (2B/1B and 4B/2B), offering immediate rental income potential or owner-occupancy with supplementary income.
Top Cons:
Historic Property Age: Built in 1907, the property is over a century old, likely requiring substantial investment for system updates, structural maintenance, and modernization to meet contemporary standards.
Compared to the nearby listings
Price:$850.0K vs avg $672.0K (+$178,000)81%
Size:2,687 sqft vs avg 2,042 sqft92%
Price/sqft:$316 vs avg $34138%
More Insights
Built in 1907 (118 years old).
Condition: Built in 1907, this property is over a century old with no indication of recent major renovations. The exterior images reveal significant deferred maintenance, including a weathered carport with peeling paint and an aged fence. While interior photos are not provided, the age of the property and visible exterior condition strongly suggest that major systems (electrical, plumbing, HVAC) and interior finishes, including kitchens and bathrooms, are likely original or very outdated, requiring substantial repairs, rehabilitation, and modernization to meet current standards and comfort levels. The property analysis also notes 'Historic Property Age' as a weakness, requiring 'substantial investment for system updates, structural maintenance, and modernization'.
Year Built
1907
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$316
HOA
-
Days on market
-
Sold On
-
MLS number
MB25158723
Home ConditionPoor
Features
View-
About this home
Charming duplex in a great location. Close to schools and parks. Front unit has 2 bedrooms and 1 bathroom, while the back unit has 4 bedrooms and 2 bathrooms, with a covered carport for 3 automobiles. Has separate meters for gas and electrical only.
Nearby schools
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.2mi
4/10
Ascot Avenue Elementary School
Public,•K-5•0.3mi
2/10
Hooper Avenue Elementary School
Public,•1-5•0.4mi
2/10
Harmony Elementary School
Public,•K-5•0.5mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.5mi
2/10
Aurora Elementary School
Public,•K-5•0.5mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.6mi
4/10
Nevin Avenue Elementary School
Public,•K-5•0.8mi
2/10
Holmes Avenue Elementary School
Public,•K-6•0.9mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.9mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•1.2mi
5/10
Lillian Street Elementary School
Public,•K-6•1.3mi
5/10
Estrella Elementary School
Public,•K-5•1.4mi
5/10
Twentieth Street Elementary School
Public,•K-5•1.4mi
5/10
Pacific Boulevard School
Public,•K-5•1.9mi
3/10
George Washington Carver Middle School
Public,•6-8•0.4mi
3/10
Los Angeles Academy Middle
Public,•6-8•0.9mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•1.0mi
6/10
Vernon City Elementary School
Public,•K-7•1.3mi
3/10
Thomas A. Edison Middle School
Public,•6-8•1.4mi
3/10
Henry T. Gage Middle School
Public,•6-8•2.5mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•0.5mi
3/10
Nava College Preparatory Academy
Public,•9-12•0.5mi
5/10
Santee Education Complex
Public,•9-12•1.9mi
4/10
Huntington Park Senior High School
Public,•9-12•2.2mi
3/10
John C. Fremont Senior High School
Public,•9-12•2.4mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•3.5mi
5/10
Felicitas And Gonzalo Mendez High
Public,•9-12•3.5mi
Price History
Date
Event
Price
03/01/94
Sold
$120,000
Condition Rating
Poor
Built in 1907, this property is over a century old with no indication of recent major renovations. The exterior images reveal significant deferred maintenance, including a weathered carport with peeling paint and an aged fence. While interior photos are not provided, the age of the property and visible exterior condition strongly suggest that major systems (electrical, plumbing, HVAC) and interior finishes, including kitchens and bathrooms, are likely original or very outdated, requiring substantial repairs, rehabilitation, and modernization to meet current standards and comfort levels. The property analysis also notes 'Historic Property Age' as a weakness, requiring 'substantial investment for system updates, structural maintenance, and modernization'.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex with two distinct units (2B/1B and 4B/2B), offering immediate rental income potential or owner-occupancy with supplementary income.
Separate Utility Metering: Individual gas and electrical meters for each unit simplify tenant billing and reduce landlord management overhead.
Ample Covered Parking: A covered carport accommodating three automobiles is a significant asset in a dense urban environment like Los Angeles, enhancing tenant appeal.
Desirable Location Amenities: Situated in a 'great location' with close proximity to schools and parks, enhancing tenant appeal and long-term property value.
Generous Lot Size: The 5,648 sqft lot offers potential for outdoor living space, landscaping, or future expansion possibilities (subject to local zoning).
Cons
Historic Property Age: Built in 1907, the property is over a century old, likely requiring substantial investment for system updates, structural maintenance, and modernization to meet contemporary standards.
Volatile Listing Price History: Frequent price adjustments between $750,000 and $850,000 suggest market uncertainty or a seller struggling to find the optimal price point, potentially prolonging market time.
Potential for Shared Water Utility: The description only specifies separate gas and electrical meters, implying water may be a shared utility, which can lead to tenant disputes or increased landlord costs.