550 W 41st Dr, Los Angeles, CA 90037
- $950,000
- 6
- BD
- 5
- BA
- 3,120
- SqFt
Courtesy of Rodeo Realty- Brentwood, Amber Martinez - CA DRE#01961174
- List Price
- $950,000
- Status
- ACTIVE
- Days on Market
- 2
- MLS#
- 26989463
- Year Built
- 1921
- Bedrooms
- 6
- Bathrooms
- 5
- Living Area
- 3,120
- Lot Size
- 6,765
- Acres
- 0.16
- MLS Area Major
- Downtown L.A.
Property Description
Excellent five-unit residential income property situated on one parcel, consisting of a four-unit apartment building addressed as 550 W 41st Dr and a separate single-family residence addressed as 552 W 41st Dr. Both addresses are associated with APN 5019-019-022. Fully occupied and generating established rental income in a high-demand rental area, the property presents an appealing opportunity for investors, portfolio buyers, 1031 exchange buyers, and others seeking a well-located income-producing asset in Los Angeles. The property offers approximately 3,120 rentable square feet on an approximately 6,763-square-foot lot, with low-maintenance landscaping and no on-site laundry helping simplify ongoing upkeep. Centrally located near USC, Exposition Park, BMO Stadium, the Los Angeles Memorial Coliseum, the Natural History Museum, the California Science Center, and the new Lucas Museum of Narrative Art, with convenient access to Metro transit, Downtown Los Angeles, major freeways, shopping, dining, and entertainment. Property to be delivered fully occupied.
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Additional Information
- Air Conditioning
- Ceiling Fan, Wall/Window
- Stories
- 2
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