146 E 45th Street, Los Angeles, California 90011, Los Angeles, 90011 - 4 bed, 3 bath

146 E 45th Street
Los Angeles, California 90011
Property Price
SUMMARY
Analysis of 146 E 45th Street, Los Angeles, California 90011 is currently available with a list price of $600,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
This 1904 triplex is in a state of significant distress and requires a comprehensive gut rehabilitation. The kitchen is severely outdated with damaged cabinetry and no modern appliances, while the bathrooms and living areas show extensive wear, including cracked walls, peeling paint, and failing flooring. The listing explicitly markets the property 'as-is' for investors or 203(k) renovation, confirming it is not in move-in condition despite some minor electrical and plumbing updates.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
As a triplex featuring a 2-bedroom upper unit and two 1-bedroom lower units, the property offers versatile rental options and multiple revenue streams for investors.
- Strategic Urban Location
The property is ideally situated near USC, Exposition Park, the LA Memorial Coliseum, and Downtown LA, ensuring high tenant demand from students and professionals.
- Utility and Safety Upgrades
The residence features separate gas meters for each unit, updated electrical panels, and low-flow fixtures, reducing immediate infrastructure concerns for a new owner.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is being sold strictly in its current state, requiring a buyer with the budget and expertise to handle a comprehensive restoration and potential deferred maintenance.
- Vintage Structural Risks
Given the 1904 construction date, the property may present challenges common to century-old buildings, such as aging plumbing systems or insulation deficiencies.
- Underperforming Local Schools
Most assigned public schools in the immediate vicinity have low performance ratings (2-3 out of 10), which may limit the property's appeal to long-term family tenants.
About 146 E 45th Street
Own a Piece of LA History – 1904 Triplex with Incredible Potential Imagine stepping back in time as you enter this turn-of-the-century triplex, tucked into the heart of South LA and brimming with unique character. Built in 1904, this split-level property stands as a quiet nod to the city’s rich history, ready for its next chapter in the hands of a creative new owner—or a savvy investor seeking rare opportunity in a market where value and vision meet. Upstairs, sunlight pours into a generous two-bedroom, one-bath unit, offering space and charm, while downstairs holds two additional one-bedroom, one-bath residences—each with their own gas meter for ultimate versatility. Concrete supports provide a solid foundation, and a partial basement, accessible from Unit 150, hints at possibilities for extra storage, a workshop, or your next inspired project. Throughout the property, you’ll find a blend of the vintage and the practical: updated electrical panels and low-flow fixtures add peace of mind, a properly strapped water heater checks an important box, and a roof bump-out awaits your vision for curb appeal. With separate utility meters and convenient washer/dryer hook-ups, it’s a canvas set for both comfort and long-term investment returns. This is an investor’s dream—whether you’re seeking a rewarding restoration project, a classic owner-occupant rental, or a property ripe for a 203(k) renovation. The triplex is offered strictly "as-is", so bring your imagination and tools and start building your portfolio’s future. And then there’s the location: minutes from Exposition Park, the historic LA Memorial Coliseum, Banc of California Stadium, the California Science Center, USC, vibrant downtown eateries, and the Arts District. Major freeways are within easy reach, opening up the best of Los Angeles right outside your door. Opportunities like this don’t come along often. As interest continues to grow, now is your chance to be part of the next chapter for this classic LA triplex—a place where the past and your future can meet.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1904
- Lot Size
- 6,667 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
West Vernon Avenue Elementary School
Grades K-5 • 0.5 mi
Main Street Elementary School
Grades K-5 • 0.6 mi
Ricardo Lizarraga Elementary School
Grades K-5 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | - | 76% |
| Baths | 3.0 | - | 86% |
| Square foot | 2,724 | 1,974 | 90% |
| Lot Size | 6,667 | 5,288 | 79% |
| Price | $600.0K | $699.0K | 28% |
| Price per sq ft | $220 | $345 | 7% |
| Built year | 1904 | 1912 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 202 | 231 | 41% |
Pricing History
Listed for Sale
Aug 28, 2025
$600,000
$659,000
-9% Price Drop
Initial Listing
Price Change
Aug 16, 2025
$659,000
Initial Listing








































