1611 46th, Los Angeles, California 90062, Los Angeles, 90062 - 4 bed, 3 bath
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1611 46th
Los Angeles, California 90062
ACTIVE
CONDITION: POOR
4Beds
3Baths
1,490Sq Ft
5,611Lot Size
Property Price
LIST PRICE$880,000
EST. MARKET VALUE
$815,995
7% AboveMARKET VALUE
SUMMARY
This property represents a High-Potential Investment Opportunity, listed at $880,000—positioned above the $815,996 Fair Market Value. While the price reflects a premium, the configuration into three separate units provides significant income-generating potential for Buy-and-Hold Investors. With a Condition Rating of 5, the home requires rehabilitation to meet modern standards. The property offers a unique layout for multi-generational families or those seeking to offset mortgage costs through rental income in a high-growth area ahead of the 2028 Olympics.
Estimated Market Value
$815,995
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1611 46th Subject | $880,000* List Price | 4 | 3 | 1,490 | $548 | - |
A 1724 W 43rd Sold | $617,000 | 3 | 1 | 1,406 | $439 | 0.3 mi |
B 4414 S Van Ness Avenue Sold | $785,000 | 2 | 1 | 1,294 | $607 | 0.6 mi |
C 1844 W 39th Place Sold | $807,500 | 3 | 2 | 1,380 | $585 | 0.9 mi |
D 1611 W 46th Active | $889,000 List Price | 6 | 3 | 1,490 | $597 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1911 (>100 years old) with no mention of recent renovations to kitchens, baths, or systems. The conversion of a 1,490 sqft home into three separate units suggests a cramped, dated interior and likely requires significant rehabilitation and system updates to meet modern safety and building standards.
PROSSTRENGTHS & OPPORTUNITIES
- Income Generation Potential
The property is configured into three separate living units (3-bed, 2-bed, and 1-bed), offering significant rental income potential or a 'house hacking' opportunity to substantially offset mortgage costs.
- Strategic Growth Location
Situated in a revitalization zone with substantial infrastructure investment ahead of the 2028 Olympics, providing strong potential for long-term capital appreciation and equity growth.
- Multi-Generational Versatility
The divided layout is ideal for multi-generational families seeking private, independent living quarters within a single property, a highly sought-after feature in the Los Angeles market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 6.
- Potential Permitting and Compliance Risk
As a single-family residence converted into three units, there is a significant risk regarding the legality and permitting of the additional spaces, requiring extensive buyer due diligence.
- Low-Rated Local Schools
The assigned public schools for this address have low performance ratings (ranging from 1 to 3), which may deter families prioritizing education and impact future resale appeal.
About 1611 46th
LIVE IN THIS PROPERTY FOR A VERY LOW MORTGAGE PAYMENT, CALL AGENT TO ASK HOW. Single family home that has been converted to three separate spaces. Showing as a 3 bed, a 2 bed, and a 1 bed with strong rents. Perfect property for multi generational living! Home is divided for private living for multiple families . Conveniently located near schools, freeways, shopping and entertainment. Los Angeles continues to see major revitalization and long-term investment, with billions being poured into infrastructure, transportation, and development ahead of the 2028 Olympics. Do not disturb occupants, contact listing agent for showings. Buyer to do their due diligence. Do not disturb occupants.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1911
- Lot Size
- 5,611 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
Normandie Avenue Elementary School
Grades K-5 • 0.5 mi
3/10
Dr. James Edward Jones Primary Center
Grades K-2 • 0.9 mi
0/10
Marguerite Poindexter Lamotte Elementary
Grades K-5 • 1.0 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,490 | 1,664.159 |
| Lot Size | 5,611 | 6,066.556 |
| Price | $880.0K | $1.35M |
| Price per sq ft | $591 | $806 |
| Built year | 1911 | 1939 |
| HOA | $0 | $278 |
| Days on market | 8 | 55 |
Pricing History
Listed for Sale
Sep 1, 2026
$880,000
Initial Listing
Sold
Nov 1, 2024
$790,000
Public Record
Sold
Jul 26, 2005
$440,000
Public Record