1253 E 46th, Los Angeles, CA 90011
1253 E 46th, Los Angeles, CA 90011
1253 E 46th, Los Angeles, CA 90011
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$895,000
Est. payment /mo
7,061 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26172400

HOA Y/N No

Year Built 1913

Lot Size 7,061 Sqft

Property Sub-Type Apartment

Property Description

1253 E. 46th St presents a rare opportunity to acquire a well-
performing 3-unit multifamily property in Los Angeles, offered at

$895,000 ($298,333 per unit). The property is currently generating a
strong 6.47% cap rate and 10.85 GRM, with pro forma rents
indicating approximately 16.35% upside in scheduled rental income,
providing investors with immediate value-add potential.
Built in 1913, the property consists of approximately 2,514 square feet
of improvements situated on a 7,060 square foot lot, equating to

just $356 per square foot. The unit mix includes (2) one-
bedroom/one-bathroom units and (1) spacious four-
bedroom/one-bathroom unit, complemented by six on-site parking

spaces.
Ideally located in the heart of Los Angeles, the property offers
convenient access to major employment centers, shopping, dining,
public transportation, and nearby freeways. With strong in-place
cash flow, rental upside, and a desirable unit mix, 1253 E. 46th St
presents an attractive investment opportunity in one of Los Angeles'
most consistently demanded rental markets.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Fireplace No

Laundry Inside

Exterior

Pool None

Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5107007018

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Fannie Mae, Government Loan, Private Financing Available, Submit, VA Loan, VA No Loan

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Fannie Mae, Government Loan, Private Financing Available, Submit, VA Loan, VA No Loan

Special Listing Condition Standard

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CRMLS Full IDX Feed (MAIN Website Search)
Listed by Brandon Maghen Lyon Stahl Investment Real Estate, Inc. 310-409-3908, DRE #02250000

Nearby Locations

Get more details on this property

Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate | License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA, 93036, USA

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1253 E 46th

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