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10 Beds
6 Baths
3,696 sqft

$1,050,000

240 W 46th Street, Los Angeles CA, 90037

Price per sqft$284.09
Built in2017
Property size3,696 sqft
Property typeMulti-family
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Overview

Active

Listed May 29, 2025

Updated Apr 10

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 7.59% market CAP rate and a 9.72 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.

$6,986/mo

Est. mortgage payment based on a $1,050,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SB25119048

Interior Features

Bedrooms
10
Bathrooms
6

Exterior Features

Lot Size
0.12 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Broker Reciprocity Courtesy of Lyon Stahl Investment Real Estate, Inc., Brett Lyon

Riff Rifferson - Full Name

- Phone Number

[email protected] - Email

- Brokerage Name

500007054 - MLS License Number

 

Data last updated 7:45 AM UTC, 4/10/2026

 

Based on information from California Regional Multiple Listing Service, Inc. as of 4/10/2026. 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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