There are multiple listings for this address:
240 W 46th Street
Los Angeles, CA, 90037
$1,300,000
Beds
0 Baths
SqFt
0.12 Acres
Add
240 W 46th Street presents a rare opportunity to acquire a 2017 construction duplex in the heart of South Los Angeles, offering both scale and efficiency in a turnkey, non-rent-controlled asset. The property features two expansive 5-bedroom/3-bath units totaling nearly 4,000 rentable square feet, ideal for family rentals or co-living strategies. A detached 2-car garage provides secure parking, and the newer construction ensures minimal maintenance requirements for years to come.
With projected performance of a 5.90% market CAP rate and a 12.04 market GRM, this asset offers strong upside potential through rental growth. The efficient layout and large unit sizes position the property well for continued tenant demand in a high-occupancy market.
Situated on a 5,082 SF lot just minutes from USC, Downtown LA, and major freeways, 240 W 46th Street is ideally located for tenants seeking access to employment hubs, transit, and cultural amenities. With its strong fundamentals, modern build, and no rent control restrictions, this property is a low-risk, high-upside investment in one of Los Angeles’ most active rental submarkets.

Property Details

Price:
$1,300,000
MLS #:
SB25105139
Status:
Active
Baths:
0
Address:
240 W 46th Street
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
May 12, 2025
State:
CA
ZIP:
90037
Lot Size:
5,082 sqft / 0.12 acres (approx)
Year Built:
2017
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Schools

School District:
Los Angeles Unified

Interior

Exterior

Community Features
Biking
Garage Spaces
2.00
Lot Features
2-5 Units/ Acre
Parking Features
Garage
Parking Spots
3.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public

Financial

Map

Community

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240 W 46th Street
Los Angeles, CA
240 W 46th Street
Los Angeles, CA, 90037
$1,300,000
10 Beds
6 Baths
3,696 SqFt
0.12 Acres
Add
240 W 46th Street presents a rare opportunity to acquire a 2017 construction duplex in the heart of South Los Angeles, offering both scale and efficiency in a turnkey, non-rent-controlled asset. The property features two expansive 5-bedroom/3-bath units totaling nearly 4,000 rentable square feet, ideal for family rentals or co-living strategies. A detached 2-car garage provides secure parking, and the newer construction ensures minimal maintenance requirements for years to come.
With projected performance of a 5.90% market CAP rate and a 12.04 market GRM, this asset offers strong upside potential through rental growth. The efficient layout and large unit sizes position the property well for continued tenant demand in a high-occupancy market.
Situated on a 5,082 SF lot just minutes from USC, Downtown LA, and major freeways, 240 W 46th Street is ideally located for tenants seeking access to employment hubs, transit, and cultural amenities. With its strong fundamentals, modern build, and no rent control restrictions, this property is a low-risk, high-upside investment in one of Los Angeles’ most active rental submarkets.

Property Details

Price:
$1,300,000
MLS #:
SB25119048
Status:
Active
Beds:
10
Baths:
6
Address:
240 W 46th Street
Type:
Single Family
Subtype:
Duplex
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
May 29, 2025
State:
CA
Finished Sq Ft:
3,696
ZIP:
90037
Lot Size:
5,082 sqft / 0.12 acres (approx)
Year Built:
2017
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

School District:
Los Angeles Unified

Interior

Exterior

Community Features
Biking
Garage Spaces
2.00
Lot Features
2-5 Units/ Acre
Parking Features
Garage
Parking Spots
3.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public

Financial

Map

Community

Similar Listings Nearby