$1,025,000 Price Analysis   ♡   Los Angeles, CA 90037 8 bed 4 bath 2,724 SqFt ($376/SqFt) 5,465SqFt lot. Built 1913 Listed 2024-05-29, Taxes $12,599 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Vinco Vinco Realty Group (VVRG)
Is pleased to present 914 W 41st Street, an exceptional two-story fourplex investment opportunity with significant value-add potential. Ideally located in the heart of Exposition Park, this property features four flexible one-bedroom, one-bathroom units, each with strategic dens that can be utilized as additional bedrooms, allowing for rental as two-bedroom units. The property generates apprximately $6, 489 per month, yielding a CAP rate of over 5.14%. With a total building area of 2, 724 square feet on a 5, 463 square foot lot, the property provides ample parking for tenants in a high-demand area. Additionally, buyers can take advantage of state bills to develop Accessory Dwelling Units (ADUs), further enhancing the property's potential.
Located amidst the bustling hubs of downtown Los Angeles and the vibrant USC/Exposition Park neighborhood, our property offers unparalleled proximity to major employers and key employment centers such as Los Angeles International Airport and West LA. Just a stone's throw away is the iconic Exposition Park, home to an array of entertainment options including Rose Garden, the Science Center, the African American History Museum, the LA Memorial Coliseum and the BMO Stadium. Additionally, the highly anticipated $1B George Lucas Museum is set to open next summer. With convenient access to major freeways including I-10, I-110, US-101 and I-5, as well as a variety of public transportation options, residents enjoy seamless connectivity to destinations across Los Angeles and beyond.
Presented by Christopher Martinez Diaz at
Vinco Vinco Realty & Investmen.
Property MLS #SR24108780 from CRMLS
Lot Size Acres: 0.1254591
Lot Size Source: Assessor
Lot Size Square Feet: 5465
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Rent Control: Yes
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 2043.00
Area: C37 - Metropolitan South
Source Neighborhood: C37 - Metropolitan South
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 5020032015
Postal Code Plus 4: 1909
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $340,000 + $700,000 $1,040,000 | $12,599 |
| 2021 | $113,248 + $317,098 $430,346 | $5,511 |
| 2020 | $112,087 + $313,847 $425,934 | $5,562 |
| 2019 | $109,890 + $307,694 $417,584 | $5,354 |
| 2018 | $107,736 + $301,661 $409,397 | $5,253 |
| 2017 | $105,624 + $295,747 $401,371 | $5,145 |
| 2016 | $103,553 + $289,949 $393,502 | $5,006 |
| 2015 | $101,998 + $285,594 $387,592 | $4,936 |
| 2014 | $102,463 + $175,211 $277,674 | $3,732 |
| 2013 | $102,000 + $174,420 $276,420 | $3,726 |
| 2012 | $100,000 + $171,000 $271,000 | $3,775 |
| 2010 | $100,753 + $171,280 $272,033 | $8,472 |
| 2009 | $119,646 + $520,200 $639,846 | $8,161 |
| 2009 | $119,362 + $518,967 $638,329 | $8,161 |
| 2008 | $117,300 + $510,000 $627,300 | $8,531 |
| 2007 | $115,000 + $500,000 $615,000 | $7,559 |
$1,025,000
CRMLS
Listed 2024-05-29
$1,040,000
CRMLS
Listing removed 2024-04-26
$0
TheMLSCLAW
Price Changed 2024-02-28
$1,099,000
TheMLSCLAW
Listed 2024-01-04
$1,199,000
TheMLSCLAW
Sold 2011-09-29
$271,000
ITECH
Listing removed 2011-09-20
$249,900
TheMLSCLAW
Listed 2011-09-08
$249,900
ITECH
Listed 2011-09-08
$249,900
TheMLSCLAW
Listing removed 2010-05-29
$350,000
ITECH
Listing removed 2010-04-05
$350,000
CRMLS
Relisted 2010-03-15
$350,000
CRMLS
Listing removed 2009-12-26
$350,000
CRMLS
Listed 2009-10-29
$350,000
ITECH
Sold 2006-12-29
$615,000
Public Record
Listing removed 2006-08-15
$615,000
ITECH
Listed 2006-02-15
$615,000
ITECH
Sold 2003-01-27
$265,000
ITECH
Listed 2002-08-15
$225,000
ITECH
Sold 1998-12-18
$273,000
Public Record
Listing removed 1997-12-31
$174,500
ITECH
Listing removed 1997-10-08
$175,500
ITECH
Listed 1997-05-08
$175,500
ITECH
Listed 1997-05-08
$174,500
ITECH
Sold 1996-09-05
$111,000
Public Record
Sold 1993-02-12
$150,000
Public Record
Sold 1986-11-04
$93,000
Public Record
Sold 1986-05-19
$68,000
Public Record
Year Built: 1913
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Front
Property Age: 111
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor
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.