401 E 46th Street, Los Angeles, California 90011, Los Angeles, 90011 - 0 bed, 0 bath
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Los Angeles, California 90011
This Multi-Unit Residential Income Triplex is listed at $745,000, representing a stable income-producing asset compared to its $659,453 Fair Market Value. The property includes a newly built ADU and two 2-bedroom units, offering high rental income potential and a prime house-hacking opportunity. Despite a Condition Rating of 4 and necessary exterior updates to the 1915 structure, the property is located within the Los Angeles Unified district near Estrella Elementary. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 401 E 46th Street Subject | $745,000* List Price | 0 | 0 | 1,460 | $452 | - |
A 5125 Avenue Woodlawn Sold | $600,000 | 0 | 0 | 1,608 | $373 | 0.4 mi |
B 151 E 54th Street Sold | $649,000 | 0 | 0 | 1,525 | $426 | 0.6 mi |
C 203 E 56th Street Sold | $745,000 | 0 | 0 | 1,926 | $387 | 0.7 mi |
D 281 E 48th Street Active | $710,000 List Price | 0 | 0 | 1,702 | $417 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property features a mix of a newly built ADU and a primary structure dating back to 1915. While the ADU is a modern addition, the main units show visible signs of deferred maintenance on the exterior, including rusted wrought-iron fencing, overgrown vegetation, and weathered stucco. The absence of interior photos for the century-old units, combined with the property's 278 days on market, suggests that the original kitchens, bathrooms, and major systems likely require updates to meet modern functional standards.
This triplex configuration, featuring a newly constructed ADU and two additional 2-bedroom units, offers excellent rental income versatility or a house-hacking opportunity for owner-occupants.
The inclusion of a recently completed one-bedroom ADU adds modern value to the property, likely requiring minimal immediate maintenance and commanding higher market rent.
Priced under $750,000 for three units in Los Angeles, this property represents a strong entry-level investment opportunity with a significant lot size of over 6,200 square feet.
With over 270 days on the market and multiple price reductions, the property may face perception issues regarding its value or underlying condition compared to local comps.
Originally constructed in 1915, the primary structures may require significant long-term capital improvements to plumbing, electrical, and roofing systems typical of century-old buildings.
WELCOME TO THIS WELL MAINTAINED THREE UNIT COMPLEX WISH CONSIST OF A NEWLY BULID ADU ONE BEDROOM 1 BATHROOM AND THE OTHER TWO UNITS CONSIST OF TWO BEDROOMS AND ONE BATHROOM EACH.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,460 | 2,001 | 19% |
| Lot Size | 6,258 | 5,307 | 72% |
| Price | $745.0K | $745.0K | 50% |
| Price per sq ft | $510 | $380 | 78% |
| Built year | 1915 | 1913 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 285 | 214 | 88% |
Apr 15, 2026
$745,000
$755,000
-1% Price Drop
Initial Listing
Aug 7, 2025
$755,000
Initial Listing
Jul 11, 2025
$765,000
Initial Listing
Jun 18, 2014
$325,000
Public Record
Oct 11, 2013
$245,000
Public Record