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492 E 46th Street , #2

Los Angeles (City), CA 90011
  • $899,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: DW23166230
UPDATED: 75 min ago
$899,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1903
County:

School Ratings & Info

Listing Agent(s): Hector Rodriguez of Excellence Real Estate (562-363-3022)


Description

The property located on 492 E 46th St, Los Angeles, CA 90011 is a two-unit building that offers a great opportunity for investors or homeowners. The bottom unit is spacious and has 4 bedrooms and 2 baths, suitable for a large family or multiple tenants. The top unit is currently being used as a 2-bedroom with no living room, but it can be easily converted back to its original 1-bedroom, 1-bath layout. The top unit is rented out for $1,700 per month, providing a steady income.The property is perfectly situated on the front of the lot, which leaves plenty of space at the back to build additional units as an ADU (Accessory Dwelling Unit). This is a fantastic way to expand the property and increase the rental income even more. The property also has a coin-operated washer and dryer that generate extra income, as well as a 2-car carport and a storage unit.The property is located in a convenient area, close to schools, parks, shops, and public transportation. It is also within easy access to major freeways and downtown Los Angeles. The property has a lot of potential and is a must-see for anyone looking for a smart investment in real estate.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-21T08:31:19.177. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/143248991
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492 E 46th Street , #2 Los Angeles (City), CA 90011

  • Price: $899,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 75 min ago
  • MLS #: DW23166230
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1903
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
The property located on 492 E 46th St, Los Angeles, CA 90011 is a two-unit building that offers a great opportunity for investors or homeowners. The bottom unit is spacious and has 4 bedrooms and 2 baths, suitable for a large family or multiple tenants. The top unit is currently being used as a 2-bedroom with no living room, but it can be easily converted back to its original 1-bedroom, 1-bath layout. The top unit is rented out for $1,700 per month, providing a steady income.The property is perfectly situated on the front of the lot, which leaves plenty of space at the back to build additional units as an ADU (Accessory Dwelling Unit). This is a fantastic way to expand the property and increase the rental income even more. The property also has a coin-operated washer and dryer that generate extra income, as well as a 2-car carport and a storage unit.The property is located in a convenient area, close to schools, parks, shops, and public transportation. It is also within easy access to major freeways and downtown Los Angeles. The property has a lot of potential and is a must-see for anyone looking for a smart investment in real estate.
Exterior Features

Carport Spaces 2 Carport YN Yes Direction Faces North Entry Level 1 Entry Location Front Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 2 Parking Features ConcreteCarportDetached CarportDrivewayOne SpaceStorage Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Common Interest None Community Features Sidewalks Contingency None Garage YN No Gross Income 5200 Gross Scheduled Income 5800 Insurance Expense 1200 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventionalFhaFreddie MacGovernment Loan Net Operating Income 600 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 1 Operating Expense 600 Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasInsurance Total Actual Rent 2300 Trash Expense 2400 Water Sewer Expense 5000 Water Source Public Zoning Lar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-21T08:31:19.177. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Hector Rodriguez of Excellence Real Estate (562-363-3022)