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601 W 41St St

Los Angeles, CA 90037
  • $1,150,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 22-156803
UPDATED: 82 min ago
$1,150,000
  • 8
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,548
    SQFT
  • $253
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1921
County:

School Ratings & Info

Description

4 expansive 2 bed 1 bath units located 2 blocks south of Exposition Park and just a few blocks from the USC Campus. One of the units is currently vacant and two units have additional sun rooms. With its strong USC adjacent location and spacious units, 601 W. 41st St. offers tremendous value added opportunity to convert to student housing. The property has been under family ownership for over 25 years and is very well maintained. There is also potential to build an additional dwelling unit (ADU) in the rear of the property.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-20T23:43:00.543. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/128710183
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601 W 41St St Los Angeles, CA 90037

  • Price: $1,150,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 82 min ago
  • MLS #: 22-156803
8
Beds
0
Baths
0
½ Baths
0.16
Acres
4,548
SQFT
$253
$/SQFT
1921
Built
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
Property Description
4 expansive 2 bed 1 bath units located 2 blocks south of Exposition Park and just a few blocks from the USC Campus. One of the units is currently vacant and two units have additional sun rooms. With its strong USC adjacent location and spacious units, 601 W. 41st St. offers tremendous value added opportunity to convert to student housing. The property has been under family ownership for over 25 years and is very well maintained. There is also potential to build an additional dwelling unit (ADU) in the rear of the property.
Exterior Features

Direction Faces South Lot Size Area 6750 Other Structures None Parking Garage Uncovered Style Craftsman Total Parking 4 View Description None View YN No

Interior Features

Baths Total 4.00 Cooling None Den No Dining Room No Equipment Range/Oven Family Room No Heating Wall Gas Laundry None Rooms Sun Water Heater Features Water Heater Unit

Property Features

Alley YN No Assessed Total Value 43253 Gross Income 80724 Gross Operating Income 74124 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 53250.00 Number Of Buildings 1 Number Of Units 4 Owner Pays Water Rent Control YN Yes Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Source Lot Size Dimensions Other Tenant Pays GasElectricity Total Annual Expense 25052 Type Of Units Apartment Water Heaters YN Yes Year Built Source Assessor Zoning Lard1.5

Listing provided courtesy of Darin Spillman DRE#01366902 of Hudson Commercial Partners, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-20T23:43:00.543. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210