REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 950,000
Est. payment | /mo
6 Beds
5 Baths
3,120 SqFt
$ 950,000
Est. payment | /mo
6 Beds
5 Baths
3,120 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $304
MLS Listing ID 26989463
Bedrooms 6
HOA Y/N No
Year Built 1921
Lot Size 6,764 Sqft
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 C42 - Downtown L.A.
Zoning LARD1.5
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Laundry None
Exterior
Parking Features Assigned
Community Features Gated
Total Parking Spaces 5
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5019019022
Security Features Gated Community
Special Listing Condition Standard
Listed by Amber Martinez Rodeo Realty- Brentwood #01961174
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "