914 W 41st Street, Los Angeles, CA 90037

$999,000

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List Price
$999,000
Price Change
▼ $50,000 1783637359
Status
ACTIVE
MLS#
SR26124324
Year Built
1913
Lot Size
5,465
Acres
0.13
Lot Location
2-5 Units/Acre
Days on Market
49
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

Introducing 914 W 41st Street, a well located fourplex investment opportunity in the heart of Exposition Park. This two-story property features four 1-bedroom, 1-bathroom units, each with a versatile den that may be utilized as a second bedroom, offering strong rental potential and future upside. Situated on a 5,463 square-foot lot with ample tenant parking, the property currently generates approximately $8,350 per month in rental income. Investors may also explore additional value through potential ADU development, subject to local regulations. Conveniently located near USC, Downtown Los Angeles, Exposition Park, BMO Stadium, the LA Memorial Coliseum, and the future Lucas Museum of Narrative Art, the property offers easy access to major freeways and public transportation. This is an excellent opportunity to own an income-producing asset in one of Los Angeles' most vibrant and growing neighborhoods, with current rental income of approximately $8,350 per month and additional value-add potential.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$75,600
Operating Expense
23103

Listing courtesy of Listing Agent: George Kpachavi (george@kpachavirealestate.com) from Listing Office: LPT Realty, Inc.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.