914 W 41st Street Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90037
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,724 sqft
Price per Sqft $376
MLS Listing ID CRSR24108780
Bedrooms 8
HOA Y/N No
Year Built 1913
Lot Size 5,465 Sqft
Acres 0.13
Property Description
Vinco Vinco Realty Group (VVRG) is pleased to present 914 W 41st Street, an exceptional two-story fourplex investment opportunity with significant value-add potential. Ideally located in the heart of Exposition Park, this property features four flexible one-bedroom, one-bathroom units, each with strategic dens that can be utilized as additional bedrooms, allowing for rental as two-bedroom units. The property generates approximately $6,489 per month, yielding a CAP rate of over 5.14%. With a total building area of 2,724 square feet on a 5,463 square foot lot, the property provides ample parking for tenants in a high-demand area. Additionally, buyers can take advantage of state bills to develop Accessory Dwelling Units (ADUs), further enhancing the property's potential. Located amidst the bustling hubs of downtown Los Angeles and the vibrant USC/Exposition Park neighborhood, our property offers unparalleled proximity to major employers and key employment centers such as Los Angeles International Airport and West LA. Just a stone's throw away is the iconic Exposition Park, home to an array of entertainment options including Rose Garden, the Science Center, the African American History Museum, the LA Memorial Coliseum, and the BMO Stadium. Additionally, the highly anticipated $1B Geo
Location
State CA
County Los Angeles
Area Listing
Zoning LAR3
Interior
Fireplace No
Laundry Inside
Exterior
Exterior Feature Other
Building
New Construction No
Others
Tax ID 5020032015