914 W 41st, Los Angeles, CA 90037

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Listing courtesy of Listing Agent: Dennis Cid (DENNIS@NICEREGROUP.COM) from Listing Office: Circle Real Estate.

List Price
$1,025,000
Status
ACTIVE
Days on Market
2
MLS#
DW26209251
Subtype
Residential Income
Year Built
1913
Lot Size
5,465
Acres
0.13
MLS Area Major
Los Angeles Southwest (C34)

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.

Additional Information

Interior Features
All Bedrooms Up, All Bedrooms Down
Heating
Wall Furnace
Air Conditioning
Yes
Stories
Two Levels
Levels
Two
Pool Type
None
Parking Features
Assigned

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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.