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862 W 41ST St

Los Angeles, CA 90037
  • $1,100,000
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: 21-110563
UPDATED: 80 min ago
$1,100,000
  • 5
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,821
    SQFT
  • $390
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1938
County:

School Ratings & Info

Description

3 apartment units - Consisting of two (2) 2-bedroom + 1-bathroom units, and one (1) 1-bedroom & 1-bathroom unit. The property is located blocks from the University of Southern California (USC) and an excellent value-add investment. The subject property is 100% occupied and is subject to the City of Los Angeles rent control regulation. Given the location, attractive local area amenities, and opportunity to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique premier property that will provide exponential returns.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-23T23:42:24.28. 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/123819144
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862 W 41ST St Los Angeles, CA 90037

  • Price: $1,100,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 80 min ago
  • MLS #: 21-110563
5
Beds
0
Baths
0
½ Baths
0.13
Acres
2,821
SQFT
$390
$/SQFT
1938
Built
Neighborhood:
Los Angeles Southwest
County:
Los Angeles
Area:
Los Angeles Southwest
Property Description
3 apartment units - Consisting of two (2) 2-bedroom + 1-bathroom units, and one (1) 1-bedroom & 1-bathroom unit. The property is located blocks from the University of Southern California (USC) and an excellent value-add investment. The subject property is 100% occupied and is subject to the City of Los Angeles rent control regulation. Given the location, attractive local area amenities, and opportunity to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique premier property that will provide exponential returns.
Exterior Features

Lot Size Area 5839 Other Structures None Parking Garage Other Total Parking 4

Interior Features

Baths Total 3.00 Cooling Other Equipment Other Heating Other

Property Features

Assessed Total Value 585920 Gross Income 46200 Gross Operating Income 46200 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 34650.00 Number Of Buildings 2 Number Of Units 3 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 11550 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Davis Saadian DRE#01921748 of Keller Williams Beverly Hills.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-23T23:42:24.28. 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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