611 W 46th
Los Angeles, CA, 90037
$1,399,000
Original list price: $1,499,000
MLS: PW26196218
Beds
—
Baths
—
Sq Ft
4,403
Lot
0.19 ac
Year Built
1911
MLS #
PW26196218
Days on Market
38
Listed
Sep 8, 2026
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
Los Angeles, Los Angeles County, CA 90037
Open on Google Maps ↗Listed by: Matias Stofenmacher · Edgestone Real Estate, Inc.
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
$11,000
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $139,900 · Loan: $1,259,100
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $8,718
- Property tax (1.25%)
- $1,457
- Homeowners insurance
- $300
- Mortgage insurance
- $525
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 $48,965 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
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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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