Remodeled Duplex with Three-Car
For Sale
$1,250,000
1305 W 46th, Los Angeles, CA 90037
Fully remodeled duplex with four bedrooms and two bathrooms in each front and rear residence.
Property Size2,707 SF
Days on Market136
Property Features for 1305 W 46th
General Information
Standard status
Active
Size
2,707 SF
Property subtype
Duplex
Building Details
Building Size
2,707 SF
Year Built
1931
Listing Agency:
Elevate Real Estate Agency 323-200-4940 Overview Additional information MLS R ID CV26123098 Interior features Fireplace Yes Cooling Yes Heating Yes Exterior features Lot Size 0.17 Acres Other property details Garage Yes 55+/Senior Community No Archetype Realty Request a tour Contact agent Request a tour Contact agent Listed by Cesar Cendejas CA DRE# 01970462 with Elevate Real Estate Agency 323-200-4940
Listed By:
Cesar Cendejas CA DRE# 01970462 · License #01970462
(323) 200-4940
Source:
Archetyperealty
Added: Jun 5
Changed: Oct 13
Last Checked: Oct 16 at 6:30PM
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 Elevate Real Estate Agency 323-200-4940 Overview Additional information MLS R ID CV26123098 Interior features Fireplace Yes Cooling Yes Heating Yes Exterior features Lot Size 0.17 Acres Other property details Garage Yes 55+/Senior Community No Archetype Realty Request a tour Contact agent Request a tour Contact agent Listed by Cesar Cendejas CA DRE# 01970462 with Elevate Real Estate Agency 323-200-4940
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Investment Insights
Based on property information with market context.
This remodeled duplex combines Craftsman character with a two-residence configuration. The front residence includes four bedrooms and two full bathrooms, while the rear residence provides two bedrooms and two bathrooms. A three-car garage, long driveway, and large lot add functional site improvements to the property.
Located at 1305 W 46th in Los Angeles, the property offers a residential income configuration with substantial bedroom and bathroom capacity. The garage may provide flexibility for future planning, subject to applicable approvals and requirements.
Located at 1305 W 46th in Los Angeles, the property offers a residential income configuration with substantial bedroom and bathroom capacity. The garage may provide flexibility for future planning, subject to applicable approvals and requirements.
Key Highlights
- Six bedrooms and four bathrooms across the front and rear residences
- Front residence includes 4 bedrooms and 2 full bathrooms
- Rear residence includes 2 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,227
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$904,540
$904.5K
Cap Rate 7%
$646,100
$646.1K
Cap Rate 9%
$502,522
$502.5K
Market Conditions
NOI Build-Up for 2,707 SF
Gross rent
$66.3K $24.48/SF
− Vacancy
−$1.7K −$0.61/SF
EGI
$64.6K $23.87/SF
− OpEx
−$19.4K −$7.16/SF
NOI
$45.2K $16.71/SF
Area
ZIP 90037
Vacancy
2.50%
Lease Rate
$24.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$904,540
Cap Rate 7%
$646,100
Cap Rate 9%
$502,522
Alternative Uses
Best Use
Multifamily LT 5
$646.1K
$565.3K – $753.8K
NOI $45,227 @ 7.0% cap · market cap 3.62%
Second Best
Apartment 5plus
$574.3K
$502.5K – $670.0K
NOI $40,198 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$1.06M
$928.1K – $1.24M
NOI $74,249 @ 7.0% cap · market cap 5.94%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,186
Businesses Nearby
Explore this area
Business Placement
Demographics for 90037, CA
63,706
Population
18,709
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
54%
High-School Grad
2.9 sq mi
ZIP Area
21,968
Density / Sq Mi
$56,417
Median Household Income
$29,857
Median Earnings
$1,438
Median Rent
$632,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Fully remodeled duplex with four bedrooms and two bathrooms in each front and rear residence.
Where is this duplex located?
The property is located at 1305 W 46th Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Six bedrooms and four bathrooms across the front and rear residences; Front residence includes 4 bedrooms and 2 full bathrooms; Rear residence includes 2 bedrooms and 2 bathrooms
