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1147 E 46Th St, Los Angeles, CA 90011
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1147 E 46Th St Los Angeles, CA 90011

$865,000 Sold Price as of 03/07/2024
  • 11 Beds
  • 8 Baths
  • 3,793 Sq.Ft.
Sold
$865,000 Sold Price as of 03/07/2024 Refinance Your Mortgage
Map preview of 1147 E 46Th St, Los Angeles, CA 90011

Property Overview: 1147 E 46Th St Los Angeles, CA has 11 bedrooms, 8 bathrooms, 3,793 living square feet and 6,935 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Incredible opportunity to own a 5 unit building with a great unit mix in a rapidly growing part of LA - 50% upside in rents! This fully gated property comprises 3 separate buildings featuring a front duplex with a 4BD/3BA and 3BD/2BA, a detached home with 2 BD, 1BA and another duplex with two 1BD/1BA. Separately metered for gas and electric. Your chance to add significant value to this property which is close to freeways, USC and downtown.

Listed by Grant Linscott | BRE #01715002 | Keller Williams Realty Los Feliz
Last checked: 14 minutes ago | Last updated: March 7th, 2024 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
6,935
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
24345668
City
Los Angeles
County
Los Angeles
Time on Site
155 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $1,924
  • Total Rent: $1,924
  • Pro Forma/Market Rent: $3,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,329
  • Total Rent: $1,329
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,297
  • Total Rent: $1,297
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,248
  • Total Rent: $1,248
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $873
  • Total Rent: $873
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6%
  • Gross Rent Multiplier: 11.23
  • Gross Scheduled Income: --
  • Net Operating Income: $54,661
  • Gross Operating Income: $80,052
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1147 E 46Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Gated, Private
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 5
  • Parcel Number: 5107008012
  • Year Built Source: Assessor
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: USE GOOGLE MAPS
View more facts & features

Local Los Angeles Agent

Sale History for 1147 E 46Th St

Last sold for $865,000 on March 7th, 2024

  • March, 2024

  • Mar 7, 2024

    Date

    Sold

    CRMLS: 24345668

    $865,000

    Price

  • Jan 31, 2024

    Date

    Active

    CRMLS: 24345668

    $899,000

    Price

  • January, 2024

  • Jan 31, 2024

    Date

    Canceled

    CRMLS: 23328893

    $899,000

    Price

  • Nov 7, 2023

    Date

    Active

    CRMLS: 23328893

    $899,000

    Price

  • Listing provided courtesy of CRMLS

    Property is being re-listed. Owner does not wish to be contacted.

  • November, 2023

  • Nov 4, 2023

    Date

    Canceled

    CRMLS: 23297129

    $949,000

    Price

  • Aug 3, 2023

    Date

    Active

    CRMLS: 23297129

    $995,000

    Price

  • Listing provided courtesy of CRMLS

    PROPERTY IS BEING RE-LISTED. DO NOT CONTACT OWNER. DO NOT CONTACT OCCUPANTS.

  • August, 2023

  • Aug 2, 2023

    Date

    Expired

    CRMLS: 23274305

    $1,100,000

    Price

  • May 25, 2023

    Date

    Active

    CRMLS: 23274305

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to introduce 1147 E 46th St, Los Angeles, a property withENORMOUS POTENTIAL FOR VALUE-ADD INVESTMENT AT A COMPETITIVE PRICE. This 5-unit apartment building comprises of (1) four-bedroom,three-bathroom unit, (1) three-bedroom, two-bathroom unit, (1)two-bedroom, one-bathroom unit, and (2) one-bedroom, one-bathroomunits. The property will be sold with all tenants in place, and all are up-to-date on their rent payments.Conveniently located near Downtown Los Angeles, this property offers an outstanding opportunity for investors to acquire a prime, centrally located asset with easy access to the city's top attractions and transportation. with74% upside potential in rents, this is an ideal value-add investment for investors seeking to capitalize on the property's location and potential.situated just minutes from DTLA, LA Memorial Coliseum, USC, Staple Center, exciting restaurants, and shopping, this property also offers easy access to both the 110 FWYand and 10 FWY. Don't let this opportunity pass you by.Drive-by only.

  • November, 2012

  • Nov 9, 2012

    Date

    Sold (Public Records)

    Public Records

    $265,000

    Price

  • June, 2010

  • Jun 29, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1147 E 46Th St

Assessed Value (2020): $388,459
Year Land Value Improved Value Assessed Value
2020 $225,195 $163,264 $388,459

Home Value Compared to the Market

This property vs the competition

1147 E 46Th St sold on March 7, 2024 for 29.43% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $237.02 per/sqft which puts the price per square foot 70.04% lower than the current median sale per square foot for the city of Los Angeles.

About 1147 E 46Th St

Detailed summary of property

1147 E 46Th St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 11 bedrooms, 8 bathrooms, roughly 3,793 living square feet, and sits on an approximately 6,935 square foot lot. 1147 E 46Th St was first listed on ArdentRealEstateGroup.com on February 1, 2024. The homeowner sold the property for $865,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 29.43% lower than the current median priced home. Local homes that are currently for sale include 4355 S Avalon Blvd, 488 E 47Th St and 483 E 49th St. While the average home in Los Angeles, CA is selling in 100 days, 1147 E 46Th St has a days on market of 16 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1147 E 46Th St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1147 E 46Th St

Public county record property details
Beds
6
Baths
5
Year built
1920
Sq. Ft.
3,793
Lot Size
6,933
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
5107-008-012

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$640,000
Median List Price/Sq.Ft.
$486
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$485
Total Inventory
47
Median Sale to List Price %
111.69%
Avg Days on Market
8
Loan Type
Conventional (16.67%), FHA (33.33%), VA (0%), Cash (0%), Other (33.33%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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