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1147 E 46th St

Los Angeles, CA 90011
  • $1,100,000
  • STATUS: Active
  • ON SITE: 9 Days
  • ID#: 23-274305
$1,100,000
  • 11
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,793
    SQFT
  • $290
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Description

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.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2023-06-04T23:42:45. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.brandiprattrealestate.com/homes/139956932
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1147 E 46th St Los Angeles, CA 90011

  • Price: $1,100,000
  • Status: Active
  • On Site: 9 Days
  • ID#: 23-274305
11
Beds
0
Baths
0
½ Baths
0.16
Acres
3,793
SQFT
$290
$/SQFT
1920
Built
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
Property Description
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.
Exterior Features

Lot Size Area 6933 Other Structures Other Parking Garage None Total Parking 0

Interior Features

Baths Total 8.00 Cooling Window Unit(S) Equipment Other Heating Other

Property Features

Assessed Total Value 400332 Disclosures As Is Gross Income 76992 Gross Operating Income 74682 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Net Operating Income 43350.00 Number Of Buildings 3 Number Of Units 5 Sale Type Standard Security Features GatedSmoke Detector Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays ElectricityTrash Collection Total Annual Expense 31332 Type Of Units Aparment Year Built Source Vendor Enhanced Zoning Lar2

Listing provided courtesy of Parisa Ozmen DRE# of Keller Williams Studio City: 818-432-1500.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2023-06-04T23:42:45. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The Pratt Group | FIV Realty
47060 Washington Street, Suite 5202
La Quinta CA, 92253