240 W 46th Street
Los Angeles, CA 90037
Map
- 10 beds
- 6 baths
- 3,696 sqft
- 5,082 sqft lot
- $351 per sqft
- 2017 build
- – on site
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.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated May 30, 2025
•
MLS# CRSB25119048 —
This home is listed in more than one place. See it here, and here, and here.
The Building
-
Year Built:2017
-
Building Area Units:Square Feet
-
Stories:1
-
Levels:One Story
-
Building Area Total:3696
-
Building Area Source:Assessor Agent-Fill
Interior
-
Interior Features:Family Room
-
Fireplace:false
-
Fireplace Features:None
Room Dimensions
-
Living Area:3696
-
Living Area Units:Square Feet
Location
-
Directions:On the Corner of Broadway and W 46th St
The Property
-
Property Type:Residential
-
Property Subtype:Duet
-
Parcel Number:5110008011
-
Zoning:LAR2
-
Lot Size Area:0.1167
-
Lot Size Acres:0.1167
-
Lot Size SqFt:5082
-
Lot Size Units:Acres
-
View:None
-
View:false
Listing Agent
- Contact info:
- Agent phone:
- (310) 706-4066
Taxes
-
Tax Tract:2319.02
Beds
-
Bedrooms Total:10
Baths
-
Total Baths:6
-
Full Baths:6
The Listing
-
Listing Terms:Conventional
Heating & Cooling
-
Cooling:None
-
Cooling:false
Appliances
-
Laundry Features:Other
Schools
-
High School District:Los Angeles Unified
The Community
-
Association:false
-
# of Units In Community:2
-
Pool Private:false
-
Pool Features:None
Parking
-
Garage:false
-
Attached Garage:false
-
Garage Spaces:2
-
Carport:false
-
Parking Total:2
-
Covered Spaces:2
Monthly cost estimate
Asking price
$1,300,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$6,961
|
| Taxes | N/A |
| Insurance | $357 |
| Utilities | $210 See report |
| Total | $7,528/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/29/25
May 29, 2025
|
Listed / Active | BRIDGE | $1,300,000 | 430.6% (49.8% / YR) |
|
10/6/16
Oct 6, 2016
|
CRMLS_CA | $245,000 | -2.0% | |
|
9/22/16
Sep 22, 2016
|
CRMLS_CA | $250,000 |
