320 W 46th Street, Los Angeles, California 90037, Los Angeles, 90037 - 2 bed, 1 bath
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320 W 46th Street
Los Angeles, California 90037
ACTIVE
CONDITION: POOR
2Beds
1Baths
1,066Sq Ft
5,408Lot Size
Property Price
LIST PRICE$550,000
EST. MARKET VALUE
$551,606
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $550,000—positioned well below the $551,606 Fair Market Value by 0.29%. This asset offers $1,606 in Instant Equity for buyers prepared to address its Fair Condition Rating. Featuring a large basement and enclosed porch, the home provides significant value-add potential through renovation. Located near BMO Stadium, this is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a project with strong urban rental demand.
Estimated Market Value
$551,606
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 320 W 46th Street Subject 2 bd · 1 ba · 1,066 sqft · $517 | $550,000* List Price | 2 | 1 | 1,066 | $517 | - |
A 201 W 50th Sold 3 bd · 1 ba · 1,014 sqft · $651 · 0.3 mi | $660,000 | 3 | 1 | 1,014 | $651 | 0.3 mi |
B 4211 S Flower Sold 2 bd · 1 ba · 1,148 sqft · $544 · 0.4 mi | $625,000 | 2 | 1 | 1,148 | $544 | 0.4 mi |
C 620 W 42nd Place Sold 2 bd · 1 ba · 1,088 sqft · $455 · 0.4 mi | $495,000 | 2 | 1 | 1,088 | $455 | 0.4 mi |
D 142 W 58th Street Sold 2 bd · 1 ba · 964 sqft · $482 · 0.9 mi | $465,000 | 2 | 1 | 964 | $482 | 0.9 mi |
E 1024 W 42nd Pl Sold 2 bd · 1 ba · 1,308 sqft · $443 · 0.8 mi | $580,000 | 2 | 1 | 1,308 | $443 | 0.8 mi |
F 1123 W 52nd Street Sold 2 bd · 1 ba · 1,234 sqft · $501 · 1.0 mi | $618,000 | 2 | 1 | 1,234 | $501 | 1.0 mi |
G 945 W 54th Street Sold 2 bd · 1 ba · 1,219 sqft · $509 · 0.9 mi | $620,000 | 2 | 1 | 1,219 | $509 | 0.9 mi |
H 434 W 48th Street Active 3 bd · 2 ba · 1,218 sqft · $554 · 0.2 mi | $675,000 List Price | 3 | 2 | 1,218 | $554 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1907 with no evidence of recent renovations; the listing explicitly states the property is in need of repairs and will be sold as-is with no seller credits. Interior photos show outdated systems including a floor heater and exposed plumbing in the service area, indicating the home requires a full rehab to meet modern safety and functional standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Ideally situated minutes from BMO Stadium and Downtown LA Live, offering residents easy access to premier entertainment, dining, and urban amenities.
- Historic Architectural Charm
This 1907 Craftsman retains its original character with built-in cabinetry and hardwood floors, making it a highly desirable 'true gem' for restoration enthusiasts.
- Significant Value-Add Potential
The large basement and enclosed porch provide versatile opportunities to increase functional square footage by creating a recreation room, home office, or additional living space.
CONSRISKS & DEFICIENCIES
- Extensive Repair Requirements
The property is in documented need of repairs, which will require a significant additional capital investment beyond the purchase price.
- Financing Challenges
The seller's refusal to complete any repairs, including lender-required items, may complicate traditional financing and likely necessitates a cash buyer or renovation loan.
About 320 W 46th Street
Property is located within minutes from the BMO Stadium, restaurants, shops and happening Downtown LA Live. The home is a beautiful Craftsman with it's original built-in cabinets and hardwood floors. The service room offers washer and dryer hook-ups along with a 3/4 bathroom. Large basement that can be utilized for storage and converted to a rec room or gaming room. There are so many possibilities with the basement. The porch has been enclosed and can be utilized as a small office or transformed into a sitting room. The property is in need of repairs but a true gem. Listed to sale, so don't waste momentum. For a faster response please email the listing agent. Seller will not be completing any repairs, Lender required or otherwise. Information herein is not confirmed by Listing Broker and it is Buyer's responsibility to verify and rely on their own findings. Agents please read private remarks for showing instructions and offers. Thank you in advance for showing our property and we look forward to working with you.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1907
- Lot Size
- 5,408 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,066 | 1,670.836 |
| Lot Size | 5,408 | 6,152.156 |
| Price | $550.0K | $1.34M |
| Price per sq ft | $516 | $807 |
| Built year | 1907 | 1941 |
| HOA | $0 | $238 |
| Days on market | 26 | 56 |
Pricing History
Listed for Sale
Oct 14, 2026
$550,000
Initial Listing