Los Angeles, CA 90037 1348 W 41st Place
$2,999,000
60 more
Presented By: Nicholas Alvarez with WORK REALTY ADVISORS; 909.908.5859
Beds • 20
Baths • 16
SQFT • 6,112
Year Built • 2020
Home Details
Welcome to this exceptional 4-plex investment property! This property consists of 4 units in two buildings. The first duplex boasts 5 bedrooms and 5 bathrooms, while the second duplex comprises 5 bedrooms and 3 bathrooms. Each unit is equipped with its own laundry room and has separate gas and electrical meters, ensuring convenience and autonomy for residents. Each unit has 2 designated parking spots as well.
The prime location adds to the property's allure, with close proximity to USC, LA Live, Staples Center, museums, and schools within walking distance. Noteworthy is the thriving coliving trend in the area, making it an ideal choice for those seeking a dynamic community. The property's appeal is further enhanced by its popularity among USC students. It's important to note that there is no rent control, offering flexibility and potential for investment growth. Seize this opportunity to be a part of a vibrant and sought-after community.
Reach out to agent for the offering memorandum.
Presented By: Nicholas Alvarez with WORK REALTY ADVISORS; 909.908.5859
Interior Features for 1348 W 41st Place
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside
Total Stories2
Other Rooms
Entry Level1
General for 1348 W 41st Place
Additional Parcels Y/NNo
AppliancesWasher
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesUrban
CoolingCentralAir
CountyLos Angeles
DirectionsTurn into Normandie from W Martin Luther King Jr Blvd. Found on corner of W 41st Pl.
Electric On Property Y/NNo
Entry Location4
Garage Spaces0.0
Garage Y/NNo
Gross Income174600.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense4480.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Listing TermsCash, Conventional, Exchange1031, FHA, VaLoan
Lot Size Square Feet6146.0
Lot Size UnitsSquareFeet
MLS AreaC34 - Los Angeles Southwest
MobileHomeRemainsYNNo
Net Operating Income153294.1
New ConstructionNo
Number Of Units Total4
Open Parking Spaces8.0
Operating Expense21305.8
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot25
Taxes$27,500
Trash Expense0.0
Year Built2020
Year Built SourceOwner
Exterior for 1348 W 41st Place
Building Area Total6112.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot
Lot Size Acres0.1411
Lot Size Area6146.0
Lot Size SourceOwner
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking8.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Clayton Bond
Sales Associate
Price
$2,999,000
MLS#CV25105171
List Date
05/22/2025
Property Type
Multi-Family
Phone
(949) 290-7647
