242 West 46th Street

Los Angeles, CA 90037

$617,000
Last Sold Price
6
Beds
4
Baths
2,604 Sq. Ft.
$237 / Sq. Ft.
2,604
Sq. Ft.
$237
per Sq. Ft.

Description

Great opportunity to purchase a Triplex Investment Property. New houses have been constructed and renovated on this street demonstrating and up and coming neighborhood. Unit #1 3/2, Unit #2-2/1, Unit #3-1/1. All Units have their own private yard or Patio Porch. New Exterior Paint, New Main Electrical Panels and New Roof for the Rear Structure. Laundry Hook Ups for all three units. Separate Gas and Electric Meters for each unit. This property is located less than 5 min from USC, Banc of California...Great opportunity to purchase a Triplex Investment Property. New houses have been constructed and renovated on this street demonstrating and up and coming neighborhood. Unit #1 3/2, Unit #2-2/1, Unit #3-1/1. All Units have their own private yard or Patio Porch. New Exterior Paint, New Main Electrical Panels and New Roof for the Rear Structure. Laundry Hook Ups for all three units. Separate Gas and Electric Meters for each unit. This property is located less than 5 min from USC, Banc of California Stadium, Science Museum, LA Coliseum, Metro Line and 110 freeway.
  1. Listed by Efren Hernandez • DRE #01347697 • Brokerage DRE #01926664 • Pacifico Realty Inc.

Property Details for 242 West 46th Street

View
None
Parking Spaces Total
0
Private Pool
No
Cooling Type
Wall/Window
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2604

Location

Listing Courtesy of Pacifico Realty Inc., Efren Hernandez, DRE #01347697

Sold By New Star Realty, Sung Oh, DRE #01884497

Add your commute
LISTING UPDATED: 06/07/2021 10:19 AM

Property Details for 242 West 46th Street

StatusClosed
MLS #AR21012520
Days on Market89
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.15 AC / 6,531 SF
CountyLos Angeles County

Location

Listing Courtesy of Pacifico Realty Inc., Efren Hernandez, DRE #01347697

Sold By New Star Realty, Sung Oh, DRE #01884497

Add your commute

Building Information for 242 West 46th Street

Stories1Residences-Year Built1922Building Size-Lot Size0.15 AC / 6,531 SF

Payment Calculator

$4,052 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,367

Property Taxes

$685

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 242 West 46th Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $17,208
  • Net Operating Income: $15,048
  • Current Financing: Conventional
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $2,160
  • New Taxes Expense: $8,688
  • Insurance Expense: $2,000
  • Trash Expense: $0
  • Water Sewer Expense: $2,160
  • Total Expenses: $2,160
Tax / Assessment Info
  • Tax Block: B
  • Tax Tract Number: 9983
  • Tax Census Tract: 2319.00
  • Tax Lot: 23
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Outside, Washer Hookup
  • Fireplace Features: Wood Burning
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Furnace
Exterior Features
  • Roof: Asphalt
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Block, Wrought Iron
  • Foundation Details: Raised
  • Property Condition: Turnkey
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Parking Garage: On street
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Street
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $852
  • Unit Type Total Rent: $852
  • Unit Type Pro Forma: 2350
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $582
  • Unit Type Total Rent: $582
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 242 West 46th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 242 West 46th Street

Taxable ValueLand$384,948Additions$256,978Total$641,926
Tax Record2023$8,214 ($685 / month)
Home Facts
Total Finished SqFt2,604 SqFtAbove Grade Finished SqFt2,604 SqFtLot Size6,531 SqFtStyleTriplexYear Built1922ZoningLAR2CountyLOS ANGELESAPN5110-008-012

Schools near 242 West 46th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
West Vernon Avenue Elementary School
PublicK to 5

William Jefferson Clinton Middle School
Public6 to 8

Thomas Jefferson Senior High School
Public9 to 12

Nava College Preparatory Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pacifico Realty Inc., Efren Hernandez, DRE #01347697

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. 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. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.