1253 E 46th St Los Angeles, CA 90011
Central Alameda NeighborhoodEstimated payment $5,582/month
About This Home
1253 E. 46th St presents a rare opportunity to acquire a well-
performing 3-unit multifamily property in Los Angeles, offered at $895,000 ($298,333 per unit). The property is currently generating a
strong 6.47% cap rate and 10.85 GRM, with pro forma rents
indicating approximately 16.35% upside in scheduled rental income,
providing investors with immediate value-add potential.
Built in 1913, the property consists of approximately 2,514 square feet
of improvements situated on a 7,060 square foot lot, equating to just $356 per square foot. The unit mix includes (2) one-
bedroom/one-bathroom units and (1) spacious four-
bedroom/one-bathroom unit, complemented by six on-site parking spaces.
Ideally located in the heart of Los Angeles, the property offers
convenient access to major employment centers, shopping, dining,
public transportation, and nearby freeways. With strong in-place
cash flow, rental upside, and a desirable unit mix, 1253 E. 46th St
presents an attractive investment opportunity in one of Los Angeles'
most consistently demanded rental markets.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-409-3908 License #02250000 Listed on: 08/07/2026
Co-Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-409-3908 License #02100737
Property Details
Home Type
- Apartment
Year Built
- Built in 1913
Lot Details
- 7,060 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,514 Sq Ft Home
- 1-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 47 / 2
- Tax Tract Number 1234
- Assessor Parcel Number 5107007018
- $532 per year additional tax assessments
- Seller Considering Concessions
Community Details
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $22,130
- Gross Income $82,512
- Net Operating Income $57,906
Additional Features
- 3 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $8,010 | $642,030 | $509,379 | $132,651 |
| 2025 | $8,010 | $629,442 | $499,392 | $130,050 |
| 2024 | $7,863 | $617,100 | $489,600 | $127,500 |
| 2023 | $7,716 | $605,000 | $480,000 | $125,000 |
| 2022 | $5,371 | $422,018 | $187,562 | $234,456 |
| 2021 | $5,296 | $413,744 | $183,885 | $229,859 |
| 2020 | $5,344 | $409,843 | $182,000 | $227,843 |
| 2019 | $5,144 | $401,815 | $178,432 | $223,383 |
| 2018 | $5,060 | $393,944 | $174,934 | $219,010 |
| 2016 | $4,820 | $378,322 | $168,142 | $210,180 |
| 2015 | $4,753 | $372,640 | $165,617 | $207,023 |
| 2014 | $4,787 | $365,341 | $162,373 | $202,968 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/07/2026 08/07/26 | For Sale | $895,000 | +72.1% | $356 / Sq Ft | |
| 09/26/2022 09/26/22 | Sold | $520,000 | -1.0% | $207 / Sq Ft | View Prior Sale |
| 09/20/2022 09/20/22 | Pending | -- | -- | -- | |
| 09/13/2022 09/13/22 | For Sale | $525,000 | -- | $209 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $520,000 | Old Republic Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Individual Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $338,000 | New Conventional | |
| Previous Owner | $200,000 | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26172400
APN: 5107-007-018
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Ask me questions while you tour the home.