1826 W 46th St, Los Angeles, California 90062, Los Angeles, 90062 - 4 bed, 2 bath
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Los Angeles, California 90062
This Value-Add Residential Income Asset is listed at $669,999, located in the high-demand Vermont Square area near USC and Exposition Park. While the listing sits above the $551,058 Fair Market Value, the property offers substantial upside as a 1928 Historic Craftsman Duplex with a Condition Rating of 5. The dual-unit layout provides immediate rental income from the occupied unit, while the vacant unit allows for strategic renovations to capture market rents and drive forced appreciation. This is a high-potential acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors targeting long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1826 W 46th St Subject | $669,999* List Price | 4 | 2 | 2,300 | $240 | - |
A 1802 W 49th Street Sold | $699,000 | 6 | 3 | 2,484 | $281 | 0.2 mi |
B 1802 W 49th Street Sold | $699,000 | 0 | 0 | 2,484 | $281 | 0.2 mi |
C 1827 W 51st Street Sold | $482,000 | 0 | 0 | 2,060 | $234 | 0.3 mi |
D 2070 W 54th Street Sold | $535,000 | 3 | 3 | 2,178 | $246 | 0.6 mi |
E 1424 W 49th Street Sold | $853,000 | 0 | 0 | 2,682 | $318 | 0.7 mi |
F 1501 W 53rd Active | $549,900 List Price | 0 | 0 | 2,359 | $233 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1928 historic Craftsman duplex is explicitly marketed as a 'fixer' with significant repair needs and deferred maintenance. Exterior images reveal peeling paint, weathered trim, and unkept grounds, while the listing description notes the property requires substantial capital expenditure for structural or cosmetic upgrades to reach market standards.
Situated in the desirable Vermont Square area near USC, Exposition Park, and Downtown LA, this property offers high rental demand and strong long-term appreciation potential.
As a historic Craftsman fixer-upper, this duplex provides a significant opportunity for investors to build equity through strategic renovations and architectural restoration.
The duplex configuration allows for multiple revenue streams in a revitalizing neighborhood, making it an ideal addition to a residential income portfolio.
Explicitly listed as a fixer, the property will likely require substantial capital expenditure for structural or cosmetic upgrades to reach its full market value.
The property is sold with existing tenants whom the owner will not relocate, which may complicate immediate renovation plans or owner-occupancy goals.
Excellent duplex opportunity in the heart of Los Angeles! This property is ideal for both investors and owner-occupants looking to maximize value. The home is in good condition and qualifies for traditional bank financing, making it a great option for a wide range of buyers. The property features two units, with one unit currently tenant-occupied providing immediate rental income, while the second unit is vacant—perfect for an owner-user to move in or for an investor to lease at market rent. Whether you're looking to live in one unit and offset your mortgage or expand your investment portfolio, this property offers flexibility and strong potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 68% |
| Baths | 2.0 | 0.0 | 64% |
| Square foot | 2,300 | 2,392 | 50% |
| Lot Size | 6,308 | 5,758 | 68% |
| Price | $670.0K | $862.5K | 23% |
| Price per sq ft | $291 | $361 | 32% |
| Built year | 1928 | 1923 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 225 | 9% |
Mar 19, 2026
$669,999
$750,000
-11% Price Drop
Initial Listing
Feb 24, 2026
$750,000
Initial Listing