1401 E 46th Street
Los Angeles, CA, 90011
$830,000
MLS: 26876861
Beds
9
Baths
7
Sq Ft
3,186
Lot
0.15 ac
Year Built
1949
MLS #
26876861
Days on Market
20
Listed
Aug 25, 2026
Description
We are pleased to present the opportunity to acquire 1401 E 46th St, an attractive six-unit multifamily property located in the Central-Alameda neighborhood of South Los Angeles. Situated on a corner lot, the property consists of approximately 3,186 SF of building area on a 6,557 SF lot and is zoned LAR2, providing an attractive combination of existing income and long-term upside.Originally constructed in 1949, the property features a diverse unit mix consisting of two studios, three 2-bedroom/1-bath units, and one 3-bedroom/2-bath unit, including one 2-bedroom unit to be delivered vacantproviding an incoming owner with immediate flexibility to lease, renovate, or occupy the unit. The property also offers approximately five to six open-air parking spaces and gated access, providing valuable amenities for tenants.Residents benefit from individually metered gas and electricity, allowing the owner to minimize utility expenses and place greater responsibility for consumption directly on tenants. The property offers approximately 33% rental upside, providing an investor with a compelling opportunity to increase income through the lease-up and repositioning of the property.Located just one block south of Vernon Ave, one block west of Compton Ave, and only one block from the Metro A Line, the property benefits from excellent access to public transportation, major employment centers, educational institutions, and neighborhood amenities, providing strong connectivity throughout Los Angeles. The property is also conveniently located next door to Ascot Elementary School and near USC, BMO Stadium, Exposition Park, the Los Angeles Memorial Coliseum, and the Lucas Museum of Narrative Art.
Location
Los Angeles, Los Angeles County, CA 90011
Open on Google Maps ↗Listed by: Sevak Keshishian · Marcus & Millichap
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$6,648
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $83,000 · Loan: $747,000
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,172
- Property tax (1.25%)
- $865
- Homeowners insurance
- $300
- Mortgage insurance
- $311
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $29,050 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90011 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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