$850,000 Price Analysis   ♡   Los Angeles, CA 90011 Unknown bed 0 bath unknown SqFt ($0/SqFt) 7,320SqFt lot. Listed 2024-01-29, Taxes $5,451 | Ⓧ USDA Ineligible due to property near Los Angeles |
Developers
This is an excellent opportunity to build a new construction fourplex 10 minutes from USC and Exposition Park! 715 E 41st Pl is an SB-8 EXEMPT, NON-RENT CONTROLLED, 7, 320 square foot flat lot that is being delivered with RTI plans for a fourplex featuring one 6 bedroom, 6 bathroom SFR (featuring a 1st floor flex room with private access), one 3 bedroom, 3 bathroom ADU and two 4 bedroom, 4 bathroom townhomes that boast potential for ADU conversion due to added flex space with private entrances. This rare property boasts countless perks that will make this project a successful one, including: 1. Cost-Saving Engineering: The plan is designed closely with the structural engineer to minimize c onstruction cost.
No steel beams, two-way cantilevers, non-aligning intrior framing, etc. Major cost savings. 2. Demolition Already Complete: The existing home has already been demolished, meaning no hastle on demolition and over $50, 000 in savings. Plus, no rent control on the future project. 3. Flex Rooms: There are 3 large flex rooms (450 sf+ ) with a private entrance and yard space that will be ideal for generating additional income. 4. Ample Parking: The plans boast 9 legal parking spaces and 1 bonus space, making for a whopping 10 spots. That's a major feature for tenants. 5. Large Bedrooms designed for students/master leases: All units have bedroom sizes of 10' x 12' minimum that can accommodate both a queen size bed and a computer desk. 6. Private Open Spaces: All units, including the flex rooms, have large usable private open spaces. With SB-8 exempt, 7, 000 square foot+ lots being extremely rare these days, you'll want to jump on this opportunity fast!
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Property MLS #BB24017572 from CRMLS
Lot Size Acres: 0.1680441
Lot Size Square Feet: 7320
Road Surface Type: Paved
Source Listing Status: Active
County: Los Angeles
Directions: Heading North on Avalon Blvd make a right onto 41st Pl, property will be on your left.
Source Property Type: Land
Area: C37 - Metropolitan South
Source Neighborhood: C37 - Metropolitan South
Parcel Number: 5115001028
Zoning: LARD2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $96,708 + $346,888 $443,596 | $5,451 |
| 2021 | $57,533 + $10,417 $67,950 | $990 |
| 2020 | $56,944 + $10,311 $67,255 | $994 |
| 2019 | $55,828 + $10,109 $65,937 | $963 |
| 2018 | $54,734 + $9,911 $64,645 | $897 |
| 2017 | $53,661 + $9,717 $63,378 | $877 |
| 2016 | $52,609 + $9,527 $62,136 | $846 |
| 2015 | $51,819 + $9,384 $61,203 | $835 |
| 2014 | $50,804 + $9,201 $60,005 | $847 |
| 2013 | $50,575 + $9,160 $59,735 | $847 |
| 2012 | $49,584 + $8,981 $58,565 | $855 |
| 2010 | $48,612 + $8,805 $57,417 | $842 |
| 2009 | $48,364 + $8,761 $57,125 | $816 |
| 2009 | $48,249 + $8,740 $56,989 | $816 |
| 2008 | $47,416 + $8,590 $56,006 | $788 |
| 2007 | $46,487 + $8,422 $54,909 | $759 |
$850,000
CRMLS
Price Changed 2024-03-06
$899,000
CRMLS
Listed 2024-01-29
$950,000
CRMLS
Sold 2022-11-29
$628,000
TheMLSCLAW
Sold 1977-09-27
$26,300
Public Record
Sewer: Private Sewer
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.