Remodeled Four-Unit
For Sale
$1,399,000
611 W 46th, Los Angeles, CA 90037
Los Angeles, CA
Property Size4,403 SF
Lot Size0.19 Acres
Price / SF$317.74
Days on Market47
Property Features for 611 W 46th
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
12
Bathrooms
8
Full bathrooms
8
Rooms
Bathroom 1, Bedroom 11, Bathroom 4, Bathroom 7, Bedroom 5, Bathroom 8, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 9, Bathroom 5, Bedroom 10, Bedroom 7, Bathroom 6, Bedroom 6, Bedroom 8, Bedroom 2, Bedroom 3, Bedroom 12
Parking
12
Parking features
Assigned, Driveway
Lot features
Level with Street
Directions
W 46th St between S Hoover St and S Figueroa St
Subdivision
C34 - Los Angeles Southwest
Standard status
Active
APN
5018031015
Lot size
0.19 Acres
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Water source
Public
Building Details
Year built
1911
Floors in Building
2
Number of units
4
Listing Agency:
Edgestone Real Estate, Inc.
(213) 273-4845
Listed By:
Matias Stofenmacher · License #01705003
(818) 464-5707
Added: Sep 8
Changed: Oct 20
Last Checked: Oct 24 at 7:06AM
MLS# PW26196218
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story quadplex contains four three-bedroom, two-bathroom residences and is being offered vacant following extensive remodeling. Improvements include updated kitchens and bathrooms, new flooring, tankless water heaters, a completed roof, and recent termite tenting. The property was built in 1911 and has wall-furnace heating, public water, public sewer, driveway parking, and assigned parking. Its 8,101-square-foot lot also offers potential for up to four ADUs, subject to City approval.
The property is located at 611 W 46th in Los Angeles, approximately 2.5 miles from USC and six miles from Downtown Los Angeles via the 110 freeway. The California Science Center, Exposition Park Rose Garden, and Natural History Museum of LA County are within minutes. A recent SCEP inspection was passed in August 2026, with no reinspection required for several years.
The property is located at 611 W 46th in Los Angeles, approximately 2.5 miles from USC and six miles from Downtown Los Angeles via the 110 freeway. The California Science Center, Exposition Park Rose Garden, and Natural History Museum of LA County are within minutes. A recent SCEP inspection was passed in August 2026, with no reinspection required for several years.
Key Highlights
- Four vacant 3‑bedroom, 2‑bathroom units
- 8,101‑square‑foot lot with potential for up to four ADUs, subject to City approval
- Extensive remodeling includes kitchens, bathrooms, flooring, tankless water heaters, and roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,564
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,471,280
$1.5M
Cap Rate 7%
$1,050,914
$1.1M
Cap Rate 9%
$817,378
$817.4K
Market Conditions
NOI Build-Up for 4,403 SF
Gross rent
$107.8K $24.48/SF
− Vacancy
−$2.7K −$0.61/SF
EGI
$105.1K $23.87/SF
− OpEx
−$31.5K −$7.16/SF
NOI
$73.6K $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%
$1,471,280
Cap Rate 7%
$1,050,914
Cap Rate 9%
$817,378
Alternative Uses
Best Use
Multifamily LT 5
$1.05M
$919.6K – $1.23M
NOI $73,564 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$934.1K
$817.3K – $1.09M
NOI $65,384 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$1.73M
$1.51M – $2.01M
NOI $120,768 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,718
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Two-story residential property with four three-bedroom units, extensive upgrades, assigned parking, and public utilities.
Where is this quadplex located?
The property is located at 611 W 46th Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Four vacant 3‑bedroom, 2‑bathroom units; 8,101‑square‑foot lot with potential for up to four ADUs, subject to City approval; Extensive remodeling includes kitchens, bathrooms, flooring, tankless water heaters, and roof
