910 West 41st Street, Los Angeles, CA 90037
910 West 41st Street, Los Angeles, CA 90037
910 West 41st Street, Los Angeles, CA 90037
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
Listed by Woody Stahl • Lyon Stahl Investment Real Est
$2,600,000
Est. payment /mo
9,540 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Commercial/Residential

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 Sub-Type Commercial/Residential

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

Area C34 - Los Angeles Sw

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

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Nearby School & Business

Paul Ward
Paul Ward

Broker Associate License ID: 01354001

+1(805) 479-5004 | paul@homeandranchteam.com

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