1611 46th, Los Angeles, California 90062, Los Angeles, 90062 - 0 bed, 0 bath
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Los Angeles, California 90062
This Multi-Unit Conversion Asset is listed at $899,000, currently positioned above the $830,740 Fair Market Value. While the property lacks immediate equity, it offers a strategic rental play, having been divided into Three Separate Living Spaces on a 5,611 sqft lot. With a Condition Rating of 5, the 1911-built residence requires substantial rehabilitation to address deferred maintenance and non-standard utility work. Located near Normandie Avenue Elementary and Manual Arts Senior High, this opportunity is ideal for Value-Add Investors or Contractors looking to capitalize on Los Angeles’s long-term infrastructure growth and the 2028 Olympics.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1611 46th Subject | $889,000* List Price | 0 | 0 | 1,490 | $509 | - |
A 4929 S Gramercy Place Sold | $685,000 | 3 | 2 | 1,402 | $489 | 0.5 mi |
B 1443 W 48th Street Sold | $625,000 | 2 | 1 | 1,389 | $450 | 0.3 mi |
C 4822 Cimarron Street Sold | $685,000 | 3 | 2 | 1,330 | $515 | 0.5 mi |
D 4179 S Van Ness Avenue Sold | $1,127,000 | 3 | 1 | 1,573 | $716 | 0.7 mi |
E 1724 W 43rd Pending | $630,000 List Price | 3 | 1 | 1,406 | $448 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1911, this century-old property shows significant signs of deferred maintenance and lacks any evidence of recent modernization. The absence of interior photos is a major red flag, typically indicating that the kitchens, bathrooms, and flooring are in poor condition. Furthermore, the conversion of a single-family home into three separate units often involves non-standard electrical and plumbing work that likely requires substantial repair or rehabilitation to meet current safety and building codes.
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.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-2 • 0.9 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 6% |
| Baths | 0.0 | 2.0 | 6% |
| Square foot | 1,490 | 1,446 | 50% |
| Lot Size | 5,611 | 5,410 | 71% |
| Price | $889.0K | $727.5K | 65% |
| Price per sq ft | $597 | $565 | 62% |
| Built year | 1911 | 1913 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 101 | 186 | 21% |
Apr 9, 2026
$889,000
$899,000
-1% Price Drop
Initial Listing
Feb 25, 2026
$899,000
$975,000
-8% Price Drop
Initial Listing
Jan 11, 2026
$975,000
Initial Listing
Nov 1, 2024
$790,000
Public Record
Jul 26, 2005
$440,000
Public Record