910 West 41st Street Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90037
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 9,540 sqft
Price per Sqft $272
MLS Listing ID PW-23190754
Year Built 1924
Lot Size 6,371 Sqft
Property Description
910 W 41st Street is a 20 Unit apartment building located in the neighborhood of Exposition Park / Voices of 90037. Great proximity to the LA Coliseum, Expo Park, Lucas Museum, The USC Campus, Bus Routes, and the 110 Freeway. The building is in great condition and has had the same ownership for 20 + years! Notable capital improvements include a newer roof, completion of LA City's required seismic earthquake retrofitting, and most of the building has been repiped with copper or pex. Approx. 1/2 the units are updated with granite / quartz countertops in the kitchen, tile / vinyl flooring, new bathroom vanities, and plumbing fixtures. The building also features a large laundry room in the basement with Bluetooth equipment that will transfer with the sale. For the astute investor this apartment building can almost immediately operate with a 5% return, plus there is nearly 30% upside in rental rates - and a new buyer can increase rents 4% on day 1! This low maintenance building is a solid investment opportunity in a great rental market of LA!
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Interior Features Copper Plumbing Partial
Heating Space Heater
Cooling None
Fireplaces Type None
Laundry Common Area
Exterior
Parking Features None
Pool None
Community Features Biking,Sidewalks
Building
Lot Description 16-20 Units/Acre
Sewer Public Sewer