Price Reduced Listing
$845,000
 $4,536 est/mo Sourced by Back At You

1253 E 46th,Los Angeles, CA 90011

Los Angeles, CA 90011

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Description

1253 E. 46th St presents a rare opportunity to acquire a well- performing 3-unit multifamily property in Los Angeles, offered at $845,000 ($281,667 per unit). The property is currently generating a strong 7.00% cap rate and 10.24 GRM, with pro forma rents indicating approximately 16% upside in scheduled rental income, providing investors with immediate value-add potential. Built in 1913, the property consists of approximately 2,514 square feet of improvements situated on a 7,060 square foot lot, equating to just $336 per square foot. The unit mix includes (2) one- bedroom/one-bathroom units and (1) spacious four- bedroom/one-bathroom unit, complemented by six on-site parking spaces. Ideally located in the heart of Los Angeles, the property offers convenient access to major employment centers, shopping, dining, public transportation, and nearby freeways. With strong in-place cash flow, rental upside, and a desirable unit mix, 1253 E. 46th St presents an attractive investment opportunity in one of Los Angeles' most consistently demanded rental markets.

Details

MLS #SB26172400
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1913
Days On Site30
Listing Provided ByLyon Stahl Investment Real Estate, Inc. | Brandon Maghen

Features

SQ Feet2,514
Story(s)1
Units3
Building(s)1
Acreage0.16

Exterior

Lot FeaturesZero To One Unit Acre

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs, Storm Drains, Street Lights, Sidewalks

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90011
AreaC42 Downtown L.A.
Listing VS Median (in 90011)
Price:
$845,000
low | high
Med:
$759,800
60.082840236686% of Average
sqft:
2,514
low | high
Med:
2,730
41.408114558473% of Average
$ / sqft:
$336
low | high
Med:
$278
67.197164965212% of Average
On site:
30
low | high
Med:
84
35.714285714286% of Average
Sourced by Back At You

Market Activity 90011

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Contact

Learn More About This Property

Jeff Rayborn

Jeff Rayborn

Desert Lifestyle Properties

02062886 (323) 833-5529jeff@desertlifestyleproperties.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90011
AreaC42 Downtown L.A.
Listing VS Median (in 90011)
Price:
$845,000
low | high
Med:
$759,800
60.082840236686% of Average
sqft:
2,514
low | high
Med:
2,730
41.408114558473% of Average
$ / sqft:
$336
low | high
Med:
$278
67.197164965212% of Average
On site:
30
low | high
Med:
84
35.714285714286% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $633K - $1.56M
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
1223 E 46th Property Photo 1
$750,000
1223 E 46th
Los Angeles, CA 90011
1223 E 46th Property Photo 1
$750,000
1223 E 46th
Los Angeles, CA 90011
Listing Updated: September 1, 2026 at 11:31:43 AM PDT
Jeff Rayborn
License #: 02062886
(323) 833-5529
Desert Lifestyle Properties - 200 N Sunrise Way Ste.B.
Palm Springs, CA 92262

Jeff Rayborn - Desert Lifestyle Properties