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.
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