1747 N Avenue 46, Los Angeles, California 90041, Los Angeles, 90041 - 7 bed, 5 bath
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Los Angeles, California 90041
This Multi-Unit Income Property is a Prime Investment Opportunity, listed at $1,800,000—positioned well below the $1,861,058 Fair Market Value by 3%. This valuation gap provides $61,058 in Instant Equity. Featuring two separate houses and a bonus unit, the property holds a Good Condition Rating with a newly remodeled front unit and a spacious 5-bedroom back house. Residents enjoy a City Lights view and access to the 9/10 rated Delevan Drive Elementary School. This versatile asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack in Eagle Rock.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1747 N Avenue 46 Subject | $1,800,000* List Price | 7 | 5 | 3,470 | $536 | - |
A 4592 Ellenwood Drive Pending | $1,375,000 List Price | 5 | 4 | 2,406 | $571 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The front house has undergone a recent modern renovation featuring updated kitchens, bathrooms, and flooring that appear less than 5 years old. However, the overall property age (1926) and the presence of window AC units instead of central HVAC suggest that while the units are move-in ready and well-maintained, the core systems are not fully modernized to 'Excellent' standards.
Elementary School: Delevan Drive Elementary School (9/10).
The property features two separate houses plus a bonus unit, offering exceptional flexibility for high-yield rental income, multi-generational living, or a 'live-in-one, rent-the-others' investment strategy.
Situated in a highly desirable neighborhood, the home is minutes from trendy dining on York Blvd, top-rated schools like Delevan Drive Elementary, and provides quick access to Pasadena, Glendale, and Downtown LA.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3470, other record living area = 3374.
Built in 1926, the property may require significant ongoing maintenance or updates to the electrical, plumbing, and structural systems, particularly in the units that have not been recently remodeled.
With three distinct living units situated on a 7,434 square foot lot, private outdoor space and parking may be limited or shared, potentially impacting the privacy of individual tenants.
PRIME LOCATION!!! Two separate houses. Rental Cash FLow or live on the other unit and rent the others. First time in the market after 27 years. TWO SEPARATE houses & a BONUS unit!!! Front house with 2 bed 3 baths with a BONUS bedroom and bath and is also newly remodeled with modern fixtures. Back house has 5 bedrooms and and 3 FULL bathrooms. Nearby Attractions & Amenities includes Top-rated schools including Eagle Rock High School and sought-after local elementary schools. Prestigious colleges nearby such as Occidental College and Pasadena City College. Upscale shopping & lifestyle destinations including Eagle Rock Plaza, Americana at Brand, and Glendale Galleria.Trendy dining & café scene along York Blvd and Colorado Blvd with acclaimed restaurants and boutique coffee shops. Scenic parks and outdoor escapes including Eagle Rock landmark, Elephant Hill trails, and Scholl Canyon Park. Arts, culture & community at the Center for the Arts Eagle Rock and vibrant local markets. Prime location with quick access to Pasadena, Glendale, Downtown LA, and major freeways (134, 2, 5)
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.6 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 98% |
| Baths | 5.0 | 2.0 | 95% |
| Square foot | 3,470 | 1,626.5 | 97% |
| Lot Size | 7,434 | 7,011.5 | 59% |
| Price | $1.80M | $1.35M | 78% |
| Price per sq ft | $519 | $905 | 6% |
| Built year | 1926 | 1925 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 163 | 5% |
Apr 20, 2026
$1,800,000
Initial Listing