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Ana Algarin

ana@anaalgarin.com +1(760) 208-3978

$ 1,025,000

Est. payment | -/mo

3 Beds

2 Baths

5,465 Sqft Lot

Save

$ 1,025,000

Est. payment | -/mo

Save

3 Beds

2 Baths

5,465 Sqft Lot

Open House

Sat Sep 26, 12:00pm - 3:00pm

Sun Sep 27, 12:00pm - 3:00pm

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26209251

Bedrooms 3

Lot Size 5,465 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

This fenced fourplex offers spacious layouts throughout and a private yard with parking for 4+ cars, a real advantage in this part of the city. Three units are vacant and one is occupied, making it well suited for an owner-user who wants to live in one unit and lease the others, or an investor ready to put the vacant units to work right away. The vacant units are in great condition and have been remodeled with new tile flooring, granite countertops, and other updates, so they're ready for immediate occupancy or leasing. With a potential 6.5% cap rate, the property offers plenty of creative ways to generate income. Its proximity to USC makes it a natural fit for student housing, and it also lends itself well to midterm rentals for traveling professionals, visiting faculty, and event-goers. The location is a major draw. The property sits just south of USC and Exposition Park, home to the LA Memorial Coliseum, BMO Stadium, the California Science Center, and the Natural History Museum. The E Line light rail and the 110 Freeway are close by, providing easy access to Downtown LA, Culver City, and Santa Monica. With the area set to be a focal point of the 2028 Olympics and steady rental demand from students, faculty, and professionals, this is a solid opportunity to establish a foothold in one of LA's most active neighborhoods. Priced competitively. Contact us today to schedule a showing.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction I-110 to MLK Jr. Blvd west, left on Figueroa, right on W 41st St.

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5020032015

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Dennis Cid, DRE#02106156 Circle Real Estate

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(760) 208-3978

ana@anaalgarin.com

Learn More About LPT Realty

914 W 41st Los Angeles, CA 90037