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
ACTIVE UNDER CONTRACT$600,000$2,724/sqft
146 E 45th Street, Los Angeles, California 90011
4Beds
3Baths
2,724Sqft
6,667Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Historic Triplex with Income Potential: Built in 1904, this property offers unique historic character and is configured as a triplex (one 2-bed/1-bath unit and two 1-bed/1-bath units), providing significant rental income opportunities.
Top Cons:
As-Is Sale & Extensive Renovation Required: The property is explicitly offered 'as-is,' indicating a need for significant capital investment and extensive renovation to modernize and maximize its potential and appeal.

Compared to the nearby listings

Price:$600.0K vs avg $649.0K ($-49,000)31%
Size:2,724 sqft vs avg 2,076 sqft90%
Price/sqft:$220 vs avg $3377%

More Insights

Built in 1904 (122 years old).
Condition: Built in 1904 and explicitly offered 'as-is' for a 'restoration project,' this property is in very poor condition. The images reveal extremely outdated and worn kitchens with old cabinets, sinks, and countertops, and basic, unappealing bathrooms with old fixtures and tiling. Flooring throughout is heavily worn and damaged, walls show peeling paint and significant wear, and light fixtures are basic and old. While some electrical and water heater updates are mentioned, the overall state indicates extensive deferred maintenance and a need for substantial repairs and rehabilitation across all major components to meet current living standards.
Year Built
1904
Close
-
List price
$600K
Original List price
$659K
Price/Sqft
$220
HOA
-
Days on market
-
Sold On
-
MLS number
PW25182241
Home ConditionPoor
Features
ViewCity Lights

About this home

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.

V
Valencia Marlowe
Listing Agent

Nearby schools

5/10
West Vernon Avenue Elementary School
Public,K-50.5mi
2/10
Main Street Elementary School
Public,K-50.6mi
4/10
Ricardo Lizarraga Elementary School
Public,K-50.6mi
2/10
Forty-Ninth Street Elementary School
Public,K-50.7mi
2/10
Harmony Elementary School
Public,K-50.8mi
5/10
Estrella Elementary School
Public,K-50.8mi
3/10
Sally Ride Elementary: A Smart Academy
Public,K-50.9mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,K-50.9mi
3/10
Fifty-Second Street Elementary School
Public,K-50.9mi
2/10
Aurora Elementary School
Public,K-51.0mi
/10
Dr. James Edward Jones Primary Center
Public,K-21.1mi
3/10
George Washington Carver Middle School
Public,6-80.7mi
3/10
Los Angeles Academy Middle
Public,6-80.9mi
3/10
William Jefferson Clinton Middle School
Public,6-81.1mi
2/10
John Muir Middle School
Public,6-81.5mi
3/10
Manual Arts Senior High School
Public,9-121.1mi
2/10
Thomas Jefferson Senior High School
Public,9-121.3mi
3/10
Nava College Preparatory Academy
Public,9-121.3mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,9-121.5mi
5/10
Santee Education Complex
Public,9-121.9mi
3/10
John C. Fremont Senior High School
Public,9-122.3mi
Condition Rating
Poor

Built in 1904 and explicitly offered 'as-is' for a 'restoration project,' this property is in very poor condition. The images reveal extremely outdated and worn kitchens with old cabinets, sinks, and countertops, and basic, unappealing bathrooms with old fixtures and tiling. Flooring throughout is heavily worn and damaged, walls show peeling paint and significant wear, and light fixtures are basic and old. While some electrical and water heater updates are mentioned, the overall state indicates extensive deferred maintenance and a need for substantial repairs and rehabilitation across all major components to meet current living standards.
Pros & Cons

Pros

Historic Triplex with Income Potential: Built in 1904, this property offers unique historic character and is configured as a triplex (one 2-bed/1-bath unit and two 1-bed/1-bath units), providing significant rental income opportunities.
Prime Los Angeles Location: Strategically located minutes from major attractions such as Exposition Park, USC, LA Memorial Coliseum, Banc of California Stadium, vibrant downtown eateries, and the Arts District, with easy freeway access.
Versatile Investment Opportunity: Ideal for investors seeking a rewarding restoration project, a classic owner-occupant rental, or a property ripe for a 203(k) renovation, offering diverse paths to value creation and portfolio growth.
Essential Infrastructure Updates & Features: Benefits from updated electrical panels, low-flow fixtures, a properly strapped water heater, separate gas meters for each unit, and convenient washer/dryer hook-ups, reducing immediate major system concerns.
Solid Foundation & Expansion Potential: Features concrete supports providing a solid foundation and includes a partial basement, offering possibilities for extra storage, a workshop, or future expansion/development.

Cons

As-Is Sale & Extensive Renovation Required: The property is explicitly offered 'as-is,' indicating a need for significant capital investment and extensive renovation to modernize and maximize its potential and appeal.
Outdated Aesthetics & Curb Appeal: The description mentions a 'roof bump-out awaits your vision for curb appeal,' suggesting that the exterior and overall aesthetic presentation require substantial work to enhance marketability.
Potential for Deferred Maintenance & Older Systems: As a 1904 build, despite some mentioned updates, there is a high probability of encountering deferred maintenance and reliance on older systems not explicitly updated, which could lead to unforeseen repair costs during renovation.
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