1129 E 41st Pl, Los Angeles, CA 90011
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1129 E 41st Pl Los Angeles, CA 90011

$1,060,000 Sold Price as of 10/25/2019
  • 12 Beds
  • 6 Baths
  • 4,634 Sq.Ft.
Sold
$1,060,000 Sold Price as of 10/25/2019 Refinance Your Mortgage

Map preview of 1129 E 41st Pl, Los Angeles, CA 90011

Property Overview: 1129 E 41st Pl Los Angeles, CA has 12 bedrooms, 6 bathrooms, 4,634 living square feet and 6,205 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Six-unit property: each unit has spacious 2 bedroom/1 bath. All units are on separate electric and gas meters. All Units have Laminated wood Flooring, recently the whole exterior building has been painted. Water Heater & (Laundry hook up) in community. Property has security cameras 24/7 Within 3 miles from USC & Exposition Park, close to Fwy 110 & 10 *Please note that the property is under City of LA Rent Control. DRIVE BY ONLY. Please do not disturb occupants.

Listed by MAY LAU | BRE #01905016 | MANDARIN REALTY 1 Corp
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 57

Home details

Lot Sq. Ft
6,205
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
WS19179423
City
Los Angeles
County
Los Angeles
Time on Site
1235 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Leased Units: 6
  • # of Electric Meters: 7
  • # of Gas Meters: 7
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $79,200
  • Net Operating Income: $51,200
  • Gross Operating Income: --
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $28,000
  • Electric: $900
  • Gas/Fuel: $2,800
  • New Taxes: $11,000
  • Trash: $3,000
  • Gardener: $1,200
  • Insurance: $1,500
  • Professional Management: $0
  • Water/Sewer: $9,000

Property Details for 1129 E 41st Pl

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Outside, Washer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 6-10 Units/Acre, Corner Lot, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 5115025006
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: South of Jefferson Blvd & 41st Street / East of S. Central Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 1129 E 41st Pl

Last sold for $1,060,000 on October 25th, 2019
  • October, 2019

  • Oct 25, 2019

    Date

    Sold

    CRMLS: WS19179423

    $1,060,000

    Price

  • Oct 18, 2019

    Date

    Pending

    CRMLS: WS19179423

    $1,088,800

    Price

  • Sep 25, 2019

    Date

    Active Under Contract

    CRMLS: WS19179423

    $1,088,800

    Price

  • Jul 29, 2019

    Date

    Active

    CRMLS: WS19179423

    $1,088,800

    Price

  • October, 2019

  • Oct 25, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,060,000

    Price

  • March, 2009

  • Mar 6, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1129 E 41st Pl

Assessed Value (2020): $1,060,000
Year Land Value Improved Value Assessed Value
2020 $600,000 $460,000 $1,060,000

Home Value Compared to the Market

This property vs the competition

1129 E 41st Pl sold on October 25, 2019 for 8.5% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $234.96 per/sqft which puts the price per square foot 68.88% lower than the current median sale per square foot for the city of Los Angeles.

About 1129 E 41st Pl

Detailed summary of property

1129 E 41st Pl is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 12 bedrooms, 6 bathrooms, roughly 4,634 living square feet, and sits on an approximately 6,205 square foot lot. 1129 E 41st Pl was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,060,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 8.5% lower than the current median priced home. Local homes that are currently for sale include 2507 Hooper, 2507 Hooper Ave and 1623 E 33rd St. While the average home in Los Angeles, CA is selling in 95 days, 1129 E 41st Pl has a days on market of 57 days. There are currently 3751 homes for sale in the Los Angeles real estate market and 2535 of them are single family homes while 1119 of them are condos and 91 are townhomes. For more information on this home for sale at 1129 E 41st Pl Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1129 E 41st Pl

Public county record property details
Beds
12
Baths
6
Year built
1965
Sq. Ft.
4,634
Lot Size
6,196
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5115-025-006

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$649,000
Median List Price/Sq.Ft.
$467
Median Sold Price
$555,000
Median Sold Price/Sq.Ft.
$484
Total Inventory
46
Median Sale to List Price %
100%
Avg Days on Market
12
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (25%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.