1611 46th, Los Angeles, California 90062, Los Angeles, 90062 - bed, bath
ACTIVE$975,000$1,490/sqft
Est. Value: $921,392
-5%
AboveEstimate
1611 46th, Los Angeles, California 90062
0Bed
0Bath
1,490Sqft
5,611Lot
Price Vs. Estimate
The estimated value ($921,392.37) is $53,607.63 (5%) lower than the list price ($975,000). This property may be overpriced.
Key pros and cons
Top Pros:
Income-Generating Potential: The property has been converted into three separate units (3-bed, 2-bed, 1-bed) with 'strong rents,' providing significant rental income opportunities for investors or house hackers.
Top Cons:
Historic Property Age: Built in 1911, the property is over a century old, which typically implies a need for significant maintenance, system updates, and potential structural assessments.
Compared to the nearby listings
Price:$975.0K vs avg $812.5K (+$162,500)67%
Size:1,490 sqft vs avg 1,466 sqft50%
Price/sqft:$654 vs avg $55872%
More Insights
Built in 1911 (115 years old).
Condition: Built in 1911, this property is over a century old. The exterior image reveals significant deferred maintenance, clutter, and general disarray, indicating a lack of recent upkeep. While converted into three units, there's no information on when these renovations occurred or if they meet current standards, with the listing explicitly noting 'unverified conversion status.' This, combined with the age, strongly suggests that major systems (plumbing, electrical, HVAC) are likely outdated and require substantial repairs and rehabilitation to meet modern safety and comfort standards. The property requires significant investment beyond minor updates.
Year Built
1911
Close
-
List price
$975K
Original List price
$975K
Price/Sqft
$654
HOA
-
Days on market
-
Sold On
-
MLS number
SB26005267
Home ConditionPoor
Features
View-
About this home
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.
E
Erick Claudio
Listing Agent
Nearby schools
3/10
Normandie Avenue Elementary School
Public,•K-5•0.5mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•0.9mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•1.0mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•1.2mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•0.1mi
2/10
John Muir Middle School
Public,•6-8•1.4mi
3/10
Manual Arts Senior High School
Public,•9-12•1.0mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•1.3mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.6mi
Price History
Date
Event
Price
11/01/24
Sold
$790,000
07/26/05
Sold
$440,000
Condition Rating
Poor
Built in 1911, this property is over a century old. The exterior image reveals significant deferred maintenance, clutter, and general disarray, indicating a lack of recent upkeep. While converted into three units, there's no information on when these renovations occurred or if they meet current standards, with the listing explicitly noting 'unverified conversion status.' This, combined with the age, strongly suggests that major systems (plumbing, electrical, HVAC) are likely outdated and require substantial repairs and rehabilitation to meet modern safety and comfort standards. The property requires significant investment beyond minor updates.
Pros & Cons
Pros
Income-Generating Potential: The property has been converted into three separate units (3-bed, 2-bed, 1-bed) with 'strong rents,' providing significant rental income opportunities for investors or house hackers.
Multi-Generational Living Solution: Offers a unique setup ideal for multi-generational families seeking private, divided living spaces within a single property, catering to a growing demographic need.
Strategic Location & Future Growth: Located in Los Angeles, an area experiencing major revitalization and long-term investment ahead of the 2028 Olympics, suggesting strong appreciation potential and market stability.
Convenient Access: Positioned near schools, freeways, shopping, and entertainment, enhancing its appeal for residents seeking accessibility and urban amenities.
Generous Lot Size: A 5611 sqft lot provides valuable outdoor space or potential for future development/expansion in a dense urban environment like Los Angeles.
Cons
Historic Property Age: Built in 1911, the property is over a century old, which typically implies a need for significant maintenance, system updates, and potential structural assessments.
Occupancy & Showing Challenges: The presence of occupants and the 'Do not disturb' directive can complicate the showing process and potentially deter owner-occupant buyers or those seeking immediate possession.
Unverified Conversion Status: The conversion from a single-family home to three separate spaces is noted, but the description does not confirm if these modifications are fully permitted and up to code, requiring extensive buyer due diligence.