611 W 46th, Los Angeles, CA 90037
611 W 46th, Los Angeles, CA 90037
611 W 46th, Los Angeles, CA 90037
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,499,000
Est. payment /mo
8,102 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26196218

HOA Y/N No

Year Built 1911

Lot Size 8,102 Sqft

Property Sub-Type Quadruplex

Property Description

Fully vacant, fully remodeled, and completely turnkey, this 4-unit two-story residential building near USC offers four 3-bedroom, 2-bathroom units across 4,403 square feet of living space on an 8,101 square foot lot, delivered ready to lease at close of escrow. The renovations are extensive and leave nothing to do: new kitchens, newly remodeled bathrooms, new flooring throughout, new tankless water heaters, a freshly completed roof, and termite tenting just finished. The property has also passed its most recent SCEP inspection August 2026, meaning no reinspection for years to come. Whether a buyer chooses to lease up all four units at current market rents from day one or occupy one and rent the others, the income potential here is immediate and compelling. The oversized lot provides ample parking and the potential to add up to four ADUs, subject to City approval, creating a meaningful long-term value-add opportunity on top of an already well-positioned asset. Situated just 2.5 miles from USC in the Vermont Harbor neighborhood, the property draws from one of the most consistent and deep tenant pools in South Los Angeles. The California Science Center, Exposition Park Rose Garden, and the Natural History Museum of LA County are all within minutes, and Downtown Los Angeles is just six miles up the 110 freeway. Properties of this quality, this size, this readiness, and this vacancy simply do not come to market often in this corridor.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Interior

Heating Wall Furnace

Fireplace No

Laundry None

Exterior

Parking Features Assigned, Driveway

Pool None

Community Features Sidewalks

Total Parking Spaces 12

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5018031015

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Matias Stofenmacher Edgestone Real Estate, Inc. 818-464-5707, DRE #01705003

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