x
Address
431 E 41st Place Los Angeles, CA
Price
$ 1,080,000
Property Attributes
  • MLS#PW19113780
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMetropolitan South
  • Zip90011
  • Style
  • Price$ 1,080,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4024
  • Lot Size6,486 SqFt
Listing Provided Courtesy Of:
Daniel Lewin with Marcus & Millichap.
Property Description

Four-unit multi-family property at 431 East 41st Place in Los Angeles, CA 90011. The property currently consists of two structures totaling four units - a four bedroom, a three bedroom and two two bedroom units. The property has recently undergone a substantial renovation project. The four-bedroom and three-bedroom units are occupied at $2,800 and $2,500 monthly rent respectively. Both of the two-bedroom units (previously rented for $1,800 monthly) are delivered vacant, allowing a new owner to maximize the rents to market rates, projected at $1,995. The property is gated for the security of tenants and is rear alley accessible - there is also ample onsite parking for the tenants. The property is in a desirable location directly across the street from Gilbert Lindsay Park - recently renovated with brand new state-of-the-art turf fields, the park boasts an indoor gym, a preschool, and a community center in addition to fields/courts for soccer, baseball, and basketball. Well-located for commuters, less than one mile from the 110 Freeway and less than two miles from Downtown Los Angeles. Also located exactly one mile from USC and Exposition Park, home to the Los Angeles Memorial Coliseum (site of the Los Angeles 2028 Olympic Games), the brand-new LAFC Banc of California Stadium, and the future home of the under-construction $1 Billion George Lucas Museum of Narrative Art. Qualifies for residential financing because it is 4 units.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
6/14/2019 Listed $1,080,000

General Features

Attached Structure Detached
Community Features Urban
Directions Across the street from Gilbert Lindsay Park
Listagentaor Pacific West
Listing Agent Daniel Lewin - BRE#01932742
Listing Agent State License 01932742
MLS Area C37 - Metropolitan South
Price Per Square Foot 268.39
Source System CRMLS
Total Units 4
Zoning LAR2

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls No Common Walls
Laundry Features Gas & Electric Dryer Hookup, Washer Hookup
Laundry Y/N Yes
Studio Area Unit Type Square Feet

Exterior Features

Special Listing Conditions Standard
Building Area Total 4024.00
Garage Spaces 0.00
Lot Features 16-20 Units/Acre, Level with Street, Lot 6500-9999, Rectangular Lot, Park Nearby
Lot Size Acres 0.1489
Lot Size Area 6485.0000
Lot Size Source Assessor
Lot Size Square Feet 6485.00
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Number of Separate Water Meters 1
Pool Features None
Sewer Public Sewer
Total Parking 0.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90011

Price
AVG $1.12M
$1.08M
Visits
AVG 14
10
Year Built
AVG 1929
1922
Walkscore
AVG 81
79
Data Provided by Walkscore ® not using MLS data

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