242 West 46th Street, Unit 3 S)

Los Angeles, CA 90037

$700,000
Price
7
Beds
4
Baths
2,604 Sq. Ft.
$269 / Sq. Ft.
2,604
Sq. Ft.
$269
per Sq. Ft.

Description

Great L. A downtown area. closer to USC & LA Coliseum, Museum & much more. Great investment for 3 income units. or Owner user. owner occupied one unit, 2 beds 1 bath. 3 beds 2 baths & other 2 beds 1 bath are tenants occupied. owner user will be vacant when close of Escrow. Subject to showing with a Loan approval or cash buyer with proof of fund. call or text to Ann Listing agentGreat L. A downtown area. closer to USC & LA Coliseum, Museum & much more. Great investment for 3 income units. or Owner user. owner occupied one unit, 2 beds 1 bath. 3 beds 2 baths & other 2 beds 1 bath are tenants occupied. owner user will be vacant when close of Escrow. Subject to showing with a Loan approval or cash buyer with proof of fund. call or text to Ann Listing agent
  1. Listed by Ann Hwang • DRE #01017303 • Brokerage DRE #01022898 • Nelson Shelton & Associates
  2. Listed by Sung Oh • DRE #01884497 • Brokerage DRE #01375374 • Real Estate eBroker Inc.

Property Details for 242 West 46th Street, Unit 3 S)

Zoning
LAR2
Style
Low Rise
Cross Streets
Broadway
Parcel Number
5110008012
Total Units
3.0
Living Area
2604
Source Living Area
Vendor Enhanced
Area
Downtown L.A. (C42)
LISTING UPDATED: 10/17/2024 04:05 PM

Property Details for 242 West 46th Street, Unit 3 S)

StatusActive
MLS #24-412331
Days on Market133
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.15 AC / 6,533 SF
CountyLos Angeles County

Building Information for 242 West 46th Street, Unit 3 S)

Stories1Residences-Year Built1922Building Size-Lot Size0.15 AC / 6,533 SF

Property Information for 242 West 46th Street, Unit 3 S)

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
  • Management Company Name: Ann Hwang
  • Management Company Phone: 3107178680|
  • Management Company Phone2: 3107178680|
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: 3 units
  • Unit Number: (3 units)
  • View: Yes
  • View Description: City, City Lights
  • View: City Lights
  • Entry Floor Number: 1
  • Direction Faces: East
  • Water: Meter on Property
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $17,880
  • Net Operating Income: $16,230.00
  • Gross Income: $17,880
  • Gross Rent Multiplier: $17.90
  • Actual Annual Gross Rent: $17,880.00
  • Total Annual Expense: 1650
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.15
  • Lot Size Square Feet: 6533
  • Lot Location: City
Parking Details
Parking Details
  • Parking Garage: Assigned, Controlled Entrance
  • Total Parking: 4
  • Open Other Spaces Total: 4
  • Parking Features: Assigned, Controlled Entrance
Interior Features
Interior Features
  • Levels: One
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling Type: Other
  • Heating: Gravity
  • Heating Type: Gravity
  • Equipment: Network Wire
  • Bedroom Features: Multi-Level Bedroom, Master Bedroom
  • Laundry: In Unit
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-08-2024
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $886.00
  • Unit Actual Rent: $886.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $604.00
  • Unit Actual Rent: $604.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $256,978.00
  • Assessed Improvement Percent: 40.03
  • Assessed Land Value: $384,948.00
  • Assessed Land Percent: 59.97
  • Assessed Total Value: $641,926.00

Property History for 242 West 46th Street, Unit 3 S)

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 242 West 46th Street, Unit 3 S)

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
West Vernon Avenue Elementary School
PublicK to 5

William Jefferson Clinton Middle School
Public6 to 8

Thomas Jefferson Senior High School
Public9 to 12

Nava College Preparatory Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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242 West 46th Street, Unit 3 S) is a multi-family home for sale in Los Angeles, CA 90037. This property was listed for sale on July 8, 2024 by Nelson Shelton & Associates, it's currently listed at $700,000. This listing's school district is Los Angeles Unified School District. Nearby schools include West Vernon Avenue Elementary School, William Jefferson Clinton Middle School and Thomas Jefferson Senior High School. 242 West 46th Street, Unit 3 S) is a 7-bed, 4-bath, 2,604 sqft multi-family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nelson Shelton & Associates, Ann Hwang, DRE #01017303; Real Estate eBroker Inc., Sung Oh, DRE #01884497

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.