63
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$1,025,000
Est. payment /mo
3 Beds
2 Baths
5,465 Sqft Lot
Open Sun 12PM-3PM
914 W 41st Los Angeles, CA 90037
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Open House
Sun Sep 27, 12:00pm - 3:00pm
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26209251
Bedrooms 3
Lot Size 5,465 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
This fenced fourplex offers spacious layouts throughout and a private yard with parking for 4+ cars, a real advantage in this part of the city. Three units are vacant and one is occupied, making it well suited for an owner-user who wants to live in one unit and lease the others, or an investor ready to put the vacant units to work right away. The vacant units are in great condition and have been remodeled with new tile flooring, granite countertops, and other updates, so they're ready for immediate occupancy or leasing. With a potential 6.5% cap rate, the property offers plenty of creative ways to generate income. Its proximity to USC makes it a natural fit for student housing, and it also lends itself well to midterm rentals for traveling professionals, visiting faculty, and event-goers. The location is a major draw. The property sits just south of USC and Exposition Park, home to the LA Memorial Coliseum, BMO Stadium, the California Science Center, and the Natural History Museum. The E Line light rail and the 110 Freeway are close by, providing easy access to Downtown LA, Culver City, and Santa Monica. With the area set to be a focal point of the 2028 Olympics and steady rental demand from students, faculty, and professionals, this is a solid opportunity to establish a foothold in one of LA's most active neighborhoods. Priced competitively. Contact us today to schedule a showing.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction I-110 to MLK Jr. Blvd west, left on Figueroa, right on W 41st St.
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5020032015
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Dennis Cid, DRE#02106156 Circle Real Estate
NEARBY SCHOOL & BUSINESS
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