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1416 E 41st Place $1,599,000

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    1416 E 41st Place Los Angeles, CA 90011

    • 0 Beds
    • 0 Baths
    • 6,000 sq. ft.
    • Multi-Family
    • MLS# OC22092514
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    Views: 3 Days On Market: 56

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    Property Details

    OPPORTUNITY KNOCKS on this ONE OF A KIND 4PLEX in the heart of Los Angeles. An INVESTOR's DELIGHT. This BREAD & BUTTER INVESTMENT consists of four SPACIOUS TOWNHOME STYLE 4 Bedrooms 2 Baths units. Each unit is roughly around 1,500 SqFt (Close to 6,000 SqFt total) with their own SEPARATE METERS for Gas & Electricity (TWO of the UNITS PAY FOR THEIR OWN WATER BILLS.) Investment offers roughly around 5% CAP rate and has a great potential UPSIDE in rents. All tenants PAYING ON TIME. Two of the units went under a MAJOR RENOVATIONS within the last 2-3 years and the rest are partially upgraded. CITY INSPECTION was done recently. Property is minutes away from DTLA, LA Memorial Coliseum, USC, Staple Center, all exciting Restaurants and Shoppings, plus an easy access to the 110 FWY & 10 FWY, and roughly 20 minutes to SoFi Stadium. CALL FOR MORE DETAILS...

    • General Features
      • Buyer Compensation 2.000 %
      • Community Features Curbs
      • County Or Parish Los Angeles
      • Number Of Buildings 2
      • Number Of Separate Electric Meters 4
      • Number Of Separate Gas Meters 4
      • Number Of Separate Water Meters 1
      • Number Of Units Total 4
      • Property Condition Updated/Remodeled
      • YearBuilt 1928
    • Building Features
      • Appliances Gas Oven,Water Heater
      • Fireplace Features None
      • Flooring Laminate,Tile
      • Interior Features Ceiling Fan(s)
      • Laundry Features Inside
      • Levels Two
    • Property Features
      • Lot Size Acres 0.15
      • Lot Features 2-5 Units/Acre
      • Pool Private Y/N 0
      • Pool Features None
      • View Error: ClassID in tblMLSFieldPropertyType is null.
      • Parking Total 3.00

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    Neighborhood

    90011 (Los Angeles) Demographics

    30 Median Age
    25,839 Population Density (per sq. mile)
    11% College Educated
    $44,616 Estimated Median Income
    6,904 Estimated Total Home Owners
    17,923 Estimated Total Renters
    28% / 72% Estimated Owner / Renter Divide
    4 Estimated Average Household Size
    110,750 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $607,000 Median Sales Price
    7 Homes Sold
    10 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,599,000
        6/23/2022 1:36:00 PM New in Database Source: Multiple Listing Service New Value: $1,599,000

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        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 8/18/2022 9:09:19 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.