125 W 46th Street, Los Angeles, California 90037, Los Angeles, 90037 - 0 bed, 0 bath
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Los Angeles, California 90037
This High-Potential Investment Opportunity is a Quadruplex listed at $1,089,000, positioned slightly above the $1,061,101 Fair Market Value. Despite the premium, the asset features Extensive Capital Improvements, including structural retrofitting and a new roof, earning a Condition Rating of 2. With three units at market rent and separate utility metering, this property provides immediate cash flow. Its proximity to USC and major stadiums ensures high rental demand. This is a stable, income-generating asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 125 W 46th Street Subject | $1,049,000* List Price | 0 | 0 | 3,155 | $345 | - |
A 211 W 52nd Street Sold | $750,000 | 0 | 0 | 2,390 | $314 | 0.5 mi |
B 705 W 41st Drive Active | $1,300,000 List Price | 0 | 0 | 3,046 | $427 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (within <5 years) including new kitchens, bathrooms, and flooring in 3 of the 4 units. Key systems and structural elements have been addressed with a new roof on the front building, structural retrofitting, and updated separate metering for gas and electricity.
Situated just blocks from USC, the Lucas Museum, and major sports venues, the property is positioned in a high-demand rental submarket with excellent long-term appreciation potential.
The property features significant upgrades including structural retrofitting, a new roof on the front building, and three fully renovated units with soundproofing and modern kitchens.
With three of the four units already at market rent and separate metering for gas and electricity, the asset offers immediate cash flow and simplified utility management.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3155, other record living area = 2997.
One unit remains in its original condition, which will eventually require additional capital expenditure to match the quality and rental income of the other three units.
Despite recent renovations and retrofitting, the 1928 construction may still present maintenance challenges typical of older buildings regarding plumbing and electrical systems.
Welcome to this charming Tudor architectural fourplex, just blocks away from USC, the new Lucas Museum, The Coliseum, and the BMO Stadium. This newly renovated 2 building property offers two units in the front structure and two units in the rear structure. Both buildings have been painted and the front structure has a new roof. Both buildings have been structurally reinforced and retrofitted. Three of the four units have been completely renovated with new restrooms, kitchens, common walls, and new floors treated for sound proofing for added privacy and reduced noise transfer. Parking is never an issue with 6 parking spaces available. Each unit is separately metered for gas and electricity. This fourplex presents an exciting opportunity because 3 of the 4 units rents are at market. Original finalized permits and blueprints of the renovations will be turned over to the new buyer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,155 | 1,984 | 88% |
| Lot Size | 5,205 | 5,421.5 | 44% |
| Price | $1.05M | $779.0K | 88% |
| Price per sq ft | $332 | $352 | 44% |
| Built year | 1928 | 1924 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 175 | 6% |
May 28, 2026
$1,049,000
$1,089,000
-4% Price Drop
Initial Listing
May 7, 2026
$1,089,000
Initial Listing
Jan 17, 2019
$450,000
Public Record