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$874999   Price Analysis
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781 E 41st St
Los Angeles, CA 90011
6 bed 3 bath 1817 SqFt ($481/SqFt)
7082SqFt lot. Built 1905
Listed 2024-06-13, Taxes $7317
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Huge price reduction!!

We are pleased to presen t 781 E 41st Street, an exceptional detached triplex investment opportunity with significant value-add potential. Ideally located in the heart of Historic South Central, bordering Exposition Park, these three units offer an ideal mix: a one-bedroom, a two-bedroom and a three-bedroom unit in the rear with a back patio. The back three-bedroom unit can serve as an owner-user opportunity or an investor can rent it out and potentially convert the patio section into an Accessory Dwelling Unit (ADU).

The total building is 1, 817 square feet with a sizable 7, 080 square foot lot, offering tenants parking in a highly impacted parking neighborhood. Situated in the highly sought-after Historic South Central area, this property presents an exceptional investment opportunity. Located amidst the bustling hubs of downtown Los Angeles, lively Inglewood and the vibrant USC/Exposition Park neighborhoods, it offers proximity to major employers such as Los Angeles Internatinal Airport and West LA. Iconic parks, including Exposition Park, are a stone's throw away. With convenient access to key freeways including I-10, I-110, US-101 and I-5, as well as public transportation options, renters enjoy seamless connectivity to various destinations across Los Angeles and beyond.


Presented by Christopher Martinez Diaz at
Vinco Vinco Realty & Investmen.


Property MLS #SR24115067 from CRMLS

Bedrooms: 6

Laundry Features: Washer Hookup, Washer Included

Full Bathrooms: 3

Lot Description: Irregular Lot
Lot Size Acres: 0.1625803
Lot Size Source: Assessor
Lot Size Square Feet: 7082

Parking Features: Parking YN: Yes, Parking Features: Assigned
Parking Total: 7

Number of Units: 3
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1

Number of Units Leased: 2
Tenant Pays: Electricity, Gas
Rent Control: Yes

Community Features: Urban

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 1440.00
Area: C34 - Los Angeles Southwest
Source Neighborhood: C34 - Los Angeles Southwest
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Parcel Number: 5114008028
Postal Code Plus 4: 2720
Zoning: LARD2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$223380 + $367200
$590580
$7317
2021$219000 + $360000
$579000
$7224
2020$102000 + $357000
$459000
$5925
2019$93636 + $416160
$509796
$6403
2018$91800 + $408000
$499800
$6294
2017$191577 + $217466
$409043
$5193
2016$187821 + $213202
$401023
$5065
2015$185000 + $210000
$395000
$4994
2014$61000 + $200000
$261000
$3490
2013$150095 + $230913
$381008
$4888
2012$147152 + $226386
$373538
$4950
2010$144267 + $221948
$366215
$4848
2009$143530 + $220814
$364344
$4678
2009$143189 + $220290
$363479
$4678
2008$140716 + $216485
$357201
$4483
2007$137957 + $212241
$350198
$4396

Price Changed 2024-07-04
$874999
CRMLS
Listed 2024-06-13
$895000
CRMLS
Listing removed 2019-06-12
$440000
CRISNET
Sold 2019-05-17
$409000
Public Record
Relisted 2019-04-09
$440000
CRISNET
Listing removed 2019-04-05
$440000
CRISNET
Price Changed 2019-04-04
$440000
CRISNET
Listed 2018-10-15
$350000
CRISNET
Listing removed 2017-04-28
$510000
CRISNET
Sold 2017-04-17
$510000
CRISNET
Listed 2017-03-10
$510000
CRISNET
Sold 2014-11-26
$395000
Public Record
Listing removed 2014-10-19
$379000
CRMLS
Listed 2014-10-13
$379000
CRMLS
Listing removed 2013-03-12
$250000
CRMLS
Listing removed 2013-03-11
$250000
ITECH
Listing removed 2013-02-05
$250000
SoCalMLS
Relisted 2013-01-30
$250000
CRMLS
Listing removed 2012-10-12
$250000
CRMLS
Listed 2012-10-11
$250000
CRMLS
Price Changed 2012-08-13
$250000
SoCalMLS
Listed 2012-03-13
$250000
ITECH
Listed 2012-03-13
$300000
SoCalMLS
Listing removed 2012-02-03
$200000
SoCalMLS
Listing removed 2012-02-02
$200000
ITECH
Listed 2012-01-31
$200000
ITECH
Listed 2012-01-31
$200000
SoCalMLS
Sold 2003-11-10
$330000
Public Record

Net Operating Income: 54000.00

Total Square Feet Living: 1817
Year Built: 1905
Building Features: 3
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Front
Property Age: 119
Levels or Stories: One
Building Total Stories: 1
Structure Type: Triplex
Year Built Source: Assessor

Sewer: Water Sewer Expense: 2000.00
Water Source: Public

Wadsworth Avenue Elementary School is a public elementary school located approximately 0.2 miles away.
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Nava College Preparatory Academy is a public high school located approximately 0.6 miles away.
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Dr. Julian Nava Learning Academies-School Of Business And Technology is a public middle school located approximately 0.9 miles away.
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Victory Baptist Day Elementary School is a private elementary, middle and high school located approximately 0.7 miles away.
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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.