550 W 41st Dr, Los Angeles, CA 90037
550 W 41st Dr, Los Angeles, CA 90037
550 W 41st Dr, Los Angeles, CA 90037
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$ 950,000
Est. payment | /mo

6 Beds

5 Baths

3,120 SqFt


Save
$ 950,000
Est. payment | /mo
Save

6 Beds

5 Baths

3,120 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,120 sqft

Price per Sqft $304

MLS Listing ID 26989463

Bedrooms 6

Year Built 1921

Lot Size 6,765 Sqft

Acres 0.1553

Property Sub-Type Multi-Family

Property Description

Excellent five-unit residential income property situated on one parcel, consisting of a four-unit apartment building addressed as 550 W 41st Dr and a separate single-family residence addressed as 552 W 41st Dr. Both addresses are associated with APN 5019-019-022. Fully occupied and generating established rental income in a high-demand rental area, the property presents an appealing opportunity for investors, portfolio buyers, 1031 exchange buyers, and others seeking a well-located income-producing asset in Los Angeles. The property offers approximately 3,120 rentable square feet on an approximately 6,763-square-foot lot, with low-maintenance landscaping and no on-site laundry helping simplify ongoing upkeep. Centrally located near USC, Exposition Park, BMO Stadium, the Los Angeles Memorial Coliseum, the Natural History Museum, the California Science Center, and the new Lucas Museum of Narrative Art, with convenient access to Metro transit, Downtown Los Angeles, major freeways, shopping, dining, and entertainment. Ideally positioned near major venues associated with the upcoming Los Angeles 2028 Olympic Games. Property to be delivered fully occupied.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall Gas

Cooling Ceiling Fan, Wall/Window

Equipment Antenna

Laundry None

Exterior

Parking Features Assigned

Garage Spaces 5.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Rodeo Realty- Brentwood

Nearby Locations

Marvin Zayas

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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550 W 41st Dr