237 W 46th, Los Angeles, California 90037, Los Angeles, 90037 - 5 bed, 3 bath
237 W 46th
Los Angeles, California 90037
Property Price
SUMMARY
Analysis of 237 W 46th, Los Angeles, California 90037 is currently available with a list price of $719,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
This 1922-built triplex presents an inconsistent overall condition. While the primary 3-bedroom unit has been recently remodeled and is move-in ready, the two 1-bedroom units are explicitly described as value-add opportunities requiring a 'personal touch' and updates. The exterior shows some maintenance, including updated vinyl windows, but the lack of interior photos for the smaller units and the 'drive-by only' restriction suggest that significant portions of the property remain in an aged, outdated state requiring minor to moderate repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Investment Structure
The triplex configuration offers excellent flexibility for 'house-hacking' owner-users to live in one unit while offsetting the mortgage with rental income from the others.
- Turnkey Primary Unit
The recently remodeled 3-bedroom, 2-bathroom unit provides a move-in-ready option that can command premium market rent or serve as a high-quality owner's suite.
- Strategic Transit-Oriented Location
Located just minutes from the 110 Freeway and Downtown Los Angeles, the property is ideally positioned for commuters and high tenant demand.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Restricted Inspection Access
The 'drive-by only' and 'do not disturb tenants' requirements limit immediate interior due diligence, which may complicate the initial evaluation of the 1-bedroom units.
- Vintage Infrastructure Risks
Originally built in 1922, the property may harbor aging systems such as plumbing, electrical, or foundation issues common in century-old Los Angeles structures.
About 237 W 46th
We are pleased to present this triplex opportunity in the City of Los Angeles, offering flexibility for both owner-users and investors alike. The property consists of three units, including two (2) one-bedroom, one-bath units and one (1) remodeled three-bedroom, two-bath unit, with a total living area of approximately 2,399 sq. ft. situated on a 5,206 sq. ft. lot. The 3-bedroom, 2-bath unit has been recently remodeled, providing a move-in-ready option for an owner-occupant or a premium rental. The two 1-bedroom, 1-bath units offer value-add potential and are ready for a new owner to add their personal touch and increase future rental income. This property is ideal for multi-generational living, a live-in-one-and-rent-the-others strategy, or as a solid addition to a long-term real estate investment portfolio. Conveniently located approximately 4 minutes from the 110 Freeway, the property offers easy access to Downtown Los Angeles and is near major attractions such as the Los Angeles Memorial Coliseum and BMO Stadium, enhancing tenant demand and long-term appreciation potential. Don’t miss this opportunity to own a versatile income property in a desirable Los Angeles location. Drive-by only. Please do not disturb tenants. PC: Quinn Media
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1922
- Lot Size
- 5,208 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | - | 80% |
| Baths | 3.0 | - | 70% |
| Square foot | 2,399 | 2,423.5 | 50% |
| Lot Size | 5,208 | 5,409.5 | 40% |
| Price | $720.0K | $890.0K | 25% |
| Price per sq ft | $300 | $317 | 45% |
| Built year | 1922 | 1923 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 260 | 5% |
Pricing History
Listed for Sale
Feb 17, 2026
$719,999
$750,000
-4% Price Drop
Initial Listing
Price Change
Jan 31, 2026
$750,000
Initial Listing
Sold
Oct 19, 2020
$600,000
Public Record
Sold
Mar 8, 2019
$420,000
Public Record
Sold
May 5, 2000
$147,000
Public Record
Sold
Nov 6, 1998
$235,000
Public Record