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$ 1,499,995
Est. payment /mo
Active
251 W 41st Place Los Angeles, CA 90037
3,609 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,609 sqft
Price per Sqft $415
MLS Listing ID CL25616017
HOA Y/N No
Year Built 1955
Lot Size 6,750 Sqft
Acres 0.16
Property Sub-Type Other
Property Description
Exceptional Income Property Prime Location Near Exposition Park & USC! This high-performing investment gem offers impressive income potential with a strong cap rate exceeding 8.5%. Fully upgraded from top to bottom, the property boasts a new electrical panel, upgraded plumbing, fresh exterior paint, and a fully inspected roof ensuring durability and minimal maintenance for years to come. Inside, every unit has been beautifully remodeled with modern finishes, updated electrical and plumbing systems, sleek kitchens, stylish bathrooms, and new flooring throughout, making this a true turnkey opportunity. With units occupied, investors can enjoy immediate, steady cash flow and strong long-term returns. Featuring a desirable unit mix of six, one 3-bedroom unit, four 2-bedroom units, and one single unit(ADU), this property appeals to a wide range of tenants and offers excellent rent diversification. Its prime location near major employers, schools, shopping, and transportation hubs drives consistent demand and high occupancy. Whether you're a seasoned investor or expanding your portfolio, this is a rare opportunity to own a low-maintenance, high-yield asset in one of LA's most desirable growth areas. Don't miss out on properties like this, they move fast! Please see attached OM.
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Wall Furnace
Cooling Other
Fireplace No
Building
New Construction No
Others
Tax ID 5111021017
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Listed by Meran Solamany • Keller Williams Beverly Hills