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1401 E 46th Street, Los Angeles, CA 90011

$830,000 Approx. USD 9 beds, 7 baths
3,186 sqft

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Sevak Keshishian | skeshishian@marcusmillichap.com
Lic#: 01887505
Broker: Courtesy of Marcus & Millichap
Phone: 818-212-2694

Co Listing Agent

Shara Parseghian | Shara.Parseghian@marcusmillichap.com
Lic#: 01991749
Broker: Courtesy of Marcus & Millichap
Phone: 818-292-2692

Agent Remarks

We are pleased to present the opportunity to acquire 1401 E 46th St, an attractive six-unit multifamily property located in the Central-Alameda neighborhood of South Los Angeles. Situated on a corner lot, the property consists of approximately 3,186 SF of building area on a 6,557 SF lot and is zoned LAR2, providing an attractive combination of existing income and long-term upside.Originally constructed in 1949, the property features a diverse unit mix consisting of two studios, three 2-bedroom/1-bath units, and one 3-bedroom/2-bath unit, including one 2-bedroom unit to be delivered vacantproviding an incoming owner with immediate flexibility to lease, renovate, or occupy the unit. The property also offers approximately five to six open-air parking spaces and gated access, providing valuable amenities for tenants.Residents benefit from individually metered gas and electricity, allowing the owner to minimize utility expenses and place greater responsibility for consumption directly on tenants. The property offers approximately 33% rental upside, providing an investor with a compelling opportunity to increase income through the lease-up and repositioning of the property.Located just one block south of Vernon Ave, one block west of Compton Ave, and only one block from the Metro A Line, the property benefits from excellent access to public transportation, major employment centers, educational institutions, and neighborhood amenities, providing strong connectivity throughout Los Angeles. The property is also conveniently located next door to Ascot Elementary School and near USC, BMO Stadium, Exposition Park, the Los Angeles Memorial Coliseum, and the Lucas Museum of Narrative Art.

Listing Details

Property type: (Multi-Family)

Status: Active Under Contract

MLS# 26876861

Price: $830,000

Beds: 9

Baths: 7

Built in 1949

3,186 sqft

2 stories

0.15 acres

Lot size: 0.1505

County: Los Angeles

Zoning: LAR2

Appliances: Disposal

Parking description: Gated

Heating description: Wall Furnace

MLS area: C42 - Downtown L.A.

Last Updated: 9/17/2026

Days On Market (DOM): 23

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This listing belongs to the C42 - Downtown L.A. MLS area

Lat/Long: 34.002316, -118.249767.
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