2017 Duplex with Two 5BR
240 W 46th Street Los Angeles, CA 90037
240 W 46th Street, Los Angeles, CA, 90037
$1,050,000
Pending
For Sale
$1,050,000
Pending
2017-constructed duplex with two 5-bedroom, 3-bath units and detached 2-car garage on a 5,082 SF lot.
Property Size4,000 SF
Lot Size0.12 Acres
Days on Market436
Property Features for 240 W 46th Street
General Information
- Standard status
- Pending
- Size
- 4,000 SF
- Lot size
- 0.12 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 2017
Listing agency
Lyon Stahl Investment Real Estate, Inc.
(310) 780-1899
Listed by
Brett Lyon · License #01717818
(310) 780-1899
Source
Exitrealty
Added: May 13, 2025 Updated: Jul 20 at 9:27PM Checked: Jul 21 at 4:04AM
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.
Investment Insights
Based on property information with market context.
240 W 46th Street is a 2017 construction duplex arranged as two expansive 5-bedroom/3-bath units, totaling nearly 4,000 rentable square feet. The property is presented as a turnkey, non-rent-controlled asset, with an efficient layout designed to support family rentals or co-living-style occupancy. A detached 2-car garage provides on-site parking, and the newer construction is intended to help minimize maintenance needs in the near term.
The duplex is located in South Los Angeles and described as minutes from USC, Downtown LA, and major freeways, supporting tenant access to employment hubs, transit, and cultural amenities.
Per the provided materials, projected performance is shown at a 7.59% market CAP rate and a 9.72 market GRM.
The duplex is located in South Los Angeles and described as minutes from USC, Downtown LA, and major freeways, supporting tenant access to employment hubs, transit, and cultural amenities.
Per the provided materials, projected performance is shown at a 7.59% market CAP rate and a 9.72 market GRM.
Key Highlights
- 2017‑constructed duplex with two 5‑bedroom, 3‑bath units totaling nearly 4,000 rentable SF
- Detached 2‑car garage provides on‑site, secure parking for residents
- 5,082 SF lot size in the South Los Angeles area
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $97.9k | $24.48 |
| − Vacancy | −$2.4k | −$0.61 |
| EGI | $95.5k | $23.87 |
| − OpEx | −$28.6k | −$7.16 |
| NOI | $66.8k | $16.71 |
4,000 SF · lease $24.48/SF/yr · vacancy 2.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$954.7K
$835.4K – $1.11M
NOI $66,830 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$848.6K
$742.5K – $990.0K
NOI $59,399 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,714 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - 2017-constructed duplex with two 5-bedroom, 3-bath units and detached 2-car garage on a 5,082 SF lot.
Where is this duplex located?
The property is located at 240 W 46th Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 2017‑constructed duplex with two 5‑bedroom, 3‑bath units totaling nearly 4,000 rentable SF; Detached 2‑car garage provides on‑site, secure parking for residents; 5,082 SF lot size in the South Los Angeles area
