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

146 E 45th Street, Los Angeles, California 90011 home-pic-0

146 E 45th Street

Los Angeles, California 90011

ACTIVE UNDER CONTRACT
CONDITION: POOR
4Beds
3Baths
2,724Sq Ft
6,667Lot Size

Property Price

LIST PRICE$600,000

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

Poor
TeardownExcellent

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 The kitchen is severely outdated with damaged cabinetry and no modern appliances, while the bathrooms and living areas show extensive wear, including cracked walls, peeling paint, and failing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

5/10

Main Street Elementary School

Grades K-5 • 0.6 mi

2/10

Ricardo Lizarraga Elementary School

Grades K-5 • 0.6 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.0-
76%
Baths3.0-
86%
Square foot2,7241,974
90%
Lot Size6,6675,288
79%
Price$600.0K$699.0K
28%
Price per sq ft$220$345
7%
Built year19041912
14%
HOA$0$0
50%
Days on market202231
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

Browse Properties by State Browse housing market trends by state