1564 W 46th, Los Angeles, California 90062, Los Angeles, 90062 - 2 bed, 1 bath
Loading property details...
Los Angeles, California 90062
This Historical Value-Add Asset represents a Prime Investment Opportunity listed at $640,000—positioned well below the $658,864 Fair Market Value by 2%. This valuation gap secures $18,864 in Instant Equity for the incoming owner. While the property holds a Condition Rating of 4, its 1910 architecture features Craftsman-style beamed ceilings and sits on a generous 5,850 sqft lot, providing ample space for an Accessory Dwelling Unit (ADU). It is a strategic acquisition for Fix-and-Flip Investors or first-time buyers seeking forced appreciation in Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1564 W 46th Subject | $625,000* List Price | 2 | 1 | 1,053 | $608 | - |
A 3970 Dalton Avenue Sold | $600,000 | 2 | 1 | 1,040 | $577 | 0.8 mi |
B 1443 W 48th Street Sold | $625,000 | 2 | 1 | 1,389 | $450 | 0.2 mi |
C 1497 W 47th Street Sold | $530,000 | 2 | 1 | 816 | $650 | 0.1 mi |
D 1445 W 55th St Sold | $607,000 | 3 | 2 | 1,087 | $558 | 0.7 mi |
E 4822 Cimarron Street Sold | $685,000 | 3 | 2 | 1,330 | $515 | 0.6 mi |
F 4929 S Gramercy Place Sold | $685,000 | 3 | 2 | 1,402 | $489 | 0.5 mi |
G 1664 W 55th Street Pending | $625,000 List Price | 3 | 2 | 1,098 | $569 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1910, this property is a century-old home that appears to be maintained but is significantly outdated. While the interior shows functional living spaces with original hardwood floors and Craftsman-style beamed ceilings, the overall aesthetic and major systems likely require modernization. The lack of recent renovations and the age of the structure suggest that while it is move-in ready for some, it requires updates to meet current quality standards.
The property sits on a 5,850 sqft lot, offering significant outdoor space for a home of this size and providing excellent potential for an Accessory Dwelling Unit (ADU) or future expansion.
Priced at $640,000, this residence represents a highly accessible entry point into the Los Angeles single-family housing market, appealing to both first-time buyers and savvy investors.
Built in 1910, this home possesses the vintage architectural charm and character unique to early 20th-century Los Angeles, offering a distinct aesthetic compared to modern developments.
Due to its 1910 construction date, the property likely requires significant updates to major systems such as electrical, plumbing, and roofing to meet modern standards.
The local public schools assigned to this address have low performance ratings, which may be a concern for families and could impact the property's long-term resale value.
NICE HOME IN A VERY NICE NEIGHBORHOOD. PRICE TO SELL. SUBMIT ALL OFFERS.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-2 • 0.8 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 21% |
| Baths | 1.0 | 2.0 | 44% |
| Square foot | 1,053 | 1,395.5 | 18% |
| Lot Size | 5,850 | 5,410 | 74% |
| Price | $625.0K | $710.0K | 29% |
| Price per sq ft | $594 | $565 | 62% |
| Built year | 1910 | 1913 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 186 | 3% |
Apr 20, 2026
$625,000
$640,000
-2% Price Drop
Initial Listing
Apr 6, 2026
$640,000
Initial Listing
May 10, 2001
$145,000
Public Record
Nov 3, 1997
$115,000
Public Record