Property · 2 recorded sales since 2023
Listing Agent: Elizabeth Maddox (DRE #01921425) · Listing Office: The 2-4 Unit Specialists · Contact: 818-850-8485 · Bought with: Jaime Ruiz · OPTION ONE REALTY & INVESTMENT · MLS #BB23142832 · Source: CRMLS
1801 46th St is an SB-8 EXEMPT, NON-RENT CONTROLLED, 6,942 square foot corner lot with house ALREADY DEMOLISHED 8 minutes from USC & Exposition Park. This property will be delivered with plans for four units (duplex with two 5 bed units + duplex with two 4 bed ADU's). These plans feature two 5 bedroom units and two 4 bedroom units with ARV of $2,700,000! Save close to $500k off retail value if you build this! If you buy and hold, we project a cap rate of 7% or more.
Listing description from the September 2023 sale, as reported to CRMLS.