Los Angeles, CA 90037,914 W 41st ST
Los Angeles, CA 90037,914 W 41st ST
Los Angeles, CA 90037,914 W 41st ST
15
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$1,025,000
Est. payment /mo
5,466 Sqft Lot
Active

914 W 41st ST Los Angeles, CA 90037

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Jeff Underdahl

Jeff Underdahl

eXp Realty

+1(760) 271-8772

UPDATED:

09/30/2024 06:50 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24108780

HOA Y/N No

Year Built 1913

Lot Size 5,466 Sqft

Property Description

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 approximately $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.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAR3

Interior

Fireplace No

Laundry Inside

Exterior

Parking Features Assigned

Fence Wrought Iron

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5020032015

Security Features Carbon Monoxide Detector(s)

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, Fannie Mae

Listing Terms Cash, Conventional, 1031 Exchange, FHA, Fannie Mae

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Christopher Martinez Diaz • Vinco Vinco Realty & Investments Inc • 323-481-8517

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Jeff Underdahl

CEO/Team Leader | License ID: 01077484

+1(760) 271-8772

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914 W 41st ST