240 W 46th Street
Los Angeles, CA 90037
$1,300,000
Beds: 10
Baths: 6
Sq. Ft.: 3,696
Type: House
Listing #SB25119048
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.
List By Brett Lyon Lyon Stahl Investment Real Estate, Inc.
Lyon Stahl Investment Real Est Woody Stahl
(CA DRE # shown above if in IDX data)
3107801899
Property Features
County: Los Angeles
MLS Area: Downtown L.A.
Community: Biking
Latitude: 34.001704
Longitude: -118.277494
Directions: On the Corner of Broadway and W 46th St
Common Walls: 2+ Common Walls
Bedrooms On Main Level: Yes
Full Baths: 6
Has Family Room: Yes
Has Fireplace: No
Fireplace Description: None
Cooling: None
Laundry: Washer Hookup, Electric Dryer Hookup
Entry: Front
Total Number of Units: 2
Stories: One
Is New Construction: No
Water Source: Public
Septic or Sewer: Public Sewer
Has Garage: Yes
Garage Spaces: 2
Parking Spaces: 2
Has a Pool: No
Pool Description: None
Lot Description: 2-5 Units/Acre
Lot Size in Acres: 0.117
Approximate Size (Sq. Ft.): 3,696
Lot Size in Sq. Ft.: 5,082
Dimensions: 5082
Zoning: LAR2
Has View: No
View Description: None
Is One Story: Yes
School District: Los Angeles Unified
Property Type: SFR
Property SubType: Duplex
Year Built: 2017
APN: 5110008011
Status: Active
Is Aged Restricted: No
HOA Fee: $0
Lot Square Feet Source: Assessor
List Date: 05/29/2025
Days on Market: 32
$ per month
Year Fixed. % Interest Rate.
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Based on information from CSMAR, CRMLS, and/or CLAW, and/or CRISNet MLS as of June 30, 2025, 1:59 AM PT. The information being provided by CSMAR, CRMLS and/or CLAW and/or CRISNet MLS is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. Any information relating to a property referenced on this website comes from the Internet Data Exchange ('IDX') program of CSMAR, CRMLS and/or CLAW, and/or CRISNet MLS. This website may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. Any information relating to a property, regardless of source, including but not limited to square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR, CRMLS and/or CLAW, and/or CRISNet MLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. IDX powered by iHomefinder, Inc.
The information being provided by CSMAR is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties a visitor may be interested in purchasing or leasing. Information relating to properties referenced on this web site may originate from the Internet Data Exchange (IDX) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information originating from CSMAR, relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Listing data originating from CSMAR is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by CSMAR is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties a visitor may be interested in purchasing or leasing. Information relating to properties referenced on this web site may originate from the Internet Data Exchange (IDX) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information originating from CSMAR, relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Listing data originating from CSMAR is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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