Three-Unit Multifamily
1253 E 46th, Los Angeles, CA 90011
For Sale
$845,000
A varied unit mix includes two one-bedroom apartments and one four-bedroom apartment with on-site parking.
Property Size2,514 SF
Lot Size0.16 Acres
Price / SF$336.12
Days on Market100
Property Features for 1253 E 46th
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Financials
Asking Price
Cap Rate
Gross Rent Multiplier
Site & Location
Neighborhood
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Building Details
Building Size
Year Built
Listing Agency:
Lyon Stahl Investment Real Estate, Inc.
Listed By:
Brandon Maghen · License CA #02250000
(310) 409-3908
Source:
Milsteinestates
Added: Aug 6
Changed: Nov 10
Last Checked: Nov 12 at 4:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This triplex contains approximately 2,514 square feet of improvements on a 7,060-square-foot lot. The unit configuration includes two one-bedroom, one-bathroom apartments and one four-bedroom, one-bathroom apartment, providing a mix of smaller and larger residences. Six on-site parking spaces serve the property, which was built in 1913.
Located at 1253 E. 46th Street in Los Angeles, the property is positioned near shopping, dining, public transportation, employment centers, and nearby freeways. Current operating metrics include a 6.47% cap rate and a 10.85 GRM. Pro forma rents indicate approximately 16.35% potential growth in scheduled rental income.
Located at 1253 E. 46th Street in Los Angeles, the property is positioned near shopping, dining, public transportation, employment centers, and nearby freeways. Current operating metrics include a 6.47% cap rate and a 10.85 GRM. Pro forma rents indicate approximately 16.35% potential growth in scheduled rental income.
Key Highlights
- Three‑unit multifamily property with two 1‑bedroom/1‑bathroom units and one 4‑bedroom/1‑bathroom unit
- Approximately 2,514 square feet of improvements on a 7,060‑square‑foot lot
- Six on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,903
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$878,060
$878.1K
Cap Rate 7%
$627,186
$627.2K
Cap Rate 9%
$487,811
$487.8K
Market Conditions
NOI Build-Up for 2,514 SF
Gross rent
$67.9K $27.00/SF
− Vacancy
−$5.2K −$2.05/SF
EGI
$62.7K $24.95/SF
− OpEx
−$18.8K −$7.48/SF
NOI
$43.9K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$878,060
Cap Rate 7%
$627,186
Cap Rate 9%
$487,811
Alternative Uses
Best Use
Multifamily LT 5
$627.2K
$548.8K – $731.7K
NOI $43,903 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$577.9K
$505.7K – $674.2K
NOI $40,452 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$1.02M
$896.3K – $1.20M
NOI $71,700 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,382
Businesses Nearby
Explore this area
Business Placement
Demographics for 90011, CA
102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Triplexes in Los Angeles, CA
Properties on Market for Triplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - A varied unit mix includes two one-bedroom apartments and one four-bedroom apartment with on-site parking.
Where is this triplex located?
The property is located at 1253 E 46th Los Angeles, CA.
What is the asking price?
The asking price for this property is $845,000.
What are key features of this property?
This property features: Three‑unit multifamily property with two 1‑bedroom/1‑bathroom units and one 4‑bedroom/1‑bathroom unit; Approximately 2,514 square feet of improvements on a 7,060‑square‑foot lot; Six on‑site parking spaces
