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242 W 46Th St, Los Angeles, CA 90037
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242 W 46Th St Los Angeles, CA 90037

$750,000
  • 14 Beds
  • 8 Baths
  • 2,604 Sq.Ft.
For Sale
$750,000 Get Pre-Qualified
Map preview of 242 W 46Th St, Los Angeles, CA 90037

Property Overview: 242 W 46Th St Los Angeles, CA has 14 bedrooms, 8 bathrooms, 2,604 living square feet and 6,531 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Seller is motivated. Do not send offer below listing price as it will not be acceptable. Reduced listing price is assuming tenants as is. Seller will not vacate the tenants. Seller occupies the first unit (2bed 1bath). Opportunity to own Triplex. (Property Title Report states 5bed and 4bath) Unit #1- 2bed 1bath, Unit #2 -3bed 2bath, Unit #3 - 2bed 1bath. Separated gas and electrical meters. All Units have their laundry hookups, private yard/porch. 3 Parking Spaces. Property had exterior painted, new main electrical panel installed and New roof in rear before seller purchase the property. Near USC, LA Coliseum, Museum, and etc.

Listed by Sung Oh | BRE #01884497 | Realty ONE Group United
Last checked: 13 minutes ago | Last updated: January 13th, 2024 | Source CRMLS | DOM: 92
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Home details

Lot Sq. Ft
6,531
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24344193
City
Los Angeles
County
Los Angeles
Time on Site
109 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $886
  • Total Rent: $886
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $604
  • Total Rent: $604
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $17,185
  • Gross Operating Income: $17,185
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 242 W 46Th St

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Property Details for 242 W 46Th St

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Interior Features
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Size Source: Other
Property Information
  • Has View
  • Total # of Units: 3
  • Parcel Number: 5110008012
  • Architectural Style: See Remarks
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: West 46th Street and South Broadway
View more facts & features

Local Los Angeles Agent

Sale History for 242 W 46Th St

Last sold for $617,000 on June 4th, 2021

  • January, 2024

  • Jan 5, 2024

    Date

    Active

    CRMLS: 24344193

    $750,000

    Price

  • August, 2023

  • Aug 1, 2023

    Date

    Expired

    CRMLS: 22196535

    $750,000

    Price

  • Sep 3, 2022

    Date

    Active

    CRMLS: 22196535

    $950,000

    Price

  • Listing provided courtesy of CRMLS

    Seller is motivated. Do not send offer below listing price as it will not be acceptable. Reduced listing price is assuming tenants as is. Owner will not vacate the tenants. Opportunity to own Triplex. (Property Title Report states 5bed and 4bath) Unit #1- 2bed 1bath, Unit #2 -3bed 2bath, Unit #3 - 2bed 1bath. Separated gas and electrical meters. All Units have their laundry hookups, private yard/porch. 3 Parking Spaces. Property had exterior painted, new main electrical panel installed and New roof in rear before seller purchase the property. Near USC, LA Coliseum, Museum, and etc.

  • June, 2021

  • Jun 8, 2021

    Date

    Sold

    CRMLS: AR21012520

    $617,000

    Price

  • Apr 28, 2021

    Date

    Pending

    CRMLS: AR21012520

    $624,400

    Price

  • Mar 3, 2021

    Date

    Price Change

    CRMLS: AR21012520

    $624,400

    Price

  • Feb 17, 2021

    Date

    Price Change

    CRMLS: AR21012520

    $649,500

    Price

  • Jan 26, 2021

    Date

    Active

    CRMLS: AR21012520

    $674,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to purchase a Triplex Investment Property. New houses have been constructed and renovated on this street demonstrating and up and coming neighborhood. Unit #1 3/2, Unit #2-2/1, Unit #3-1/1. All Units have their own private yard or Patio Porch. New Exterior Paint, New Main Electrical Panels and New Roof for the Rear Structure. Laundry Hook Ups for all three units. Separate Gas and Electric Meters for each unit. This property is located less than 5 min from USC, Banc of California Stadium, Science Museum, LA Coliseum, Metro Line and 110 freeway.

  • January, 2019

  • Jan 18, 2019

    Date

    Sold

    CRMLS: 18373036

    $450,000

    Price

  • Oct 15, 2018

    Date

    Pending

    CRMLS: 18373036

    $435,000

    Price

  • Aug 8, 2018

    Date

    Active

    CRMLS: 18373036

    $435,000

    Price

  • Listing provided courtesy of CRMLS

    Developers: Build units for INCOME. Lot size is 6,531 sq ft with LAR2 zoning. Title shows 3 units. The area offers easy and convenient commutes to DTLA, USC and Cal State LA. This neighborhood has great access to transportation options; close access to the 110 FWY Property is being sold in strictly "AS IS" condition. Drive -by only. PLEASE DO NOT DISTURB OCCUPANTS. Property will be shown with accepted offer. Property being sold with 125 W 46th St. & 4618 S Figueroa St

  • January, 2019

  • Jan 18, 2019

    Date

    Sold (Public Records)

    Public Records

    $450,000

    Price

Show More

Tax History for 242 W 46Th St

Assessed Value (2020): $555,900
Year Land Value Improved Value Assessed Value
2020 $392,700 $163,200 $555,900

Home Value Compared to the Market

This property vs the competition

242 W 46Th St is listed 39.95% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $288.02 per/sqft which puts the price per square foot 62.69% lower than the median price per square foot for the city of Los Angeles.

About 242 W 46Th St

Detailed summary of property

242 W 46Th St is a multi family located in Los Angeles, CA 90037 and is currently for sale. This multi family property offers 14 bedrooms, 8 bathrooms, roughly 2,604 living square feet, and sits on an approximately 6,531 square foot lot. 242 W 46Th St was first listed on ArdentRealEstateGroup.com on January 5, 2024. The homeowner is currently asking $750,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 39.95% lower than the median priced home. Local competing homes currently for sale include 3811 Trinity St, 735 E Vernon Ave and 919 W. 41st Drive. While the average home in Los Angeles, CA is selling in 97 days, 242 W 46Th St has a days on market of 92 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 242 W 46Th St Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 242 W 46Th St

Public county record property details
Beds
5
Baths
4
Year built
1922
Sq. Ft.
2,604
Lot Size
6,531
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22,23
APN
5110-008-012

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$725,000
Median List Price/Sq.Ft.
$562
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$472
Total Inventory
31
Median Sale to List Price %
101.93%
Avg Days on Market
35
Loan Type
Conventional (50%), FHA (25%), VA (0%), Cash (25%), Other (0%)

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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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