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1348 W 41st Pl, Los Angeles, CA 90037
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1348 W 41st Pl Los Angeles, CA 90037

$2,500,000
  • 20 Beds
  • 16 Baths
  • 6,112 Sq.Ft.
For Sale
$2,500,000 Get Pre-Qualified
Map preview of 1348 W 41st Pl, Los Angeles, CA 90037

Property Overview: 1348 W 41st Pl Los Angeles, CA has 20 bedrooms, 16 bathrooms, 6,112 living square feet and 6,146 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to this exceptional 4-plex investment property! This property consists of 4 units in two buildings. The first duplex boasts 5 bedrooms and 5 bathrooms, while the second duplex comprises 5 bedrooms and 3 bathrooms. Each unit is equipped with its own laundry room and has separate gas and electrical meters, ensuring convenience and autonomy for residents. Each unit has 2 designated parking spots as well. The prime location adds to the property's allure, with close proximity to USC, LA Live, Staples Center, museums, and schools within walking distance. Noteworthy is the thriving coliving trend in the area, making it an ideal choice for those seeking a dynamic community. The property's appeal is further enhanced by its popularity among USC students. It's important to note that there is no rent control, offering flexibility and potential for investment growth. Seize this opportunity to be a part of a vibrant and sought-after community. Reach out to agent for the offering memorandum.

Listed by Nicholas Alvarez | BRE #01950605 | WORK REALTY ADVISORS
Co-listed by Ken Hsiang | BRE #01930069 | WORK REALTY ADVISORS
Last checked: 2 minutes ago | Last updated: May 3rd, 2024 | Source CRMLS | DOM: 64
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Home details

Lot Sq. Ft
6,146
HOA Dues
$0/mo
Year built
2020
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
CV24009391
City
Los Angeles
County
Los Angeles
Time on Site
120 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,888
  • Total Rent: $3,888
  • Pro Forma/Market Rent: $3,888
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $40,309
  • Total Rent: $4,039
  • Pro Forma/Market Rent: $4,039
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 5
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,888
  • Total Rent: $3,888
  • Pro Forma/Market Rent: $3,888
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 5
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,780
  • Total Rent: $3,780
  • Pro Forma/Market Rent: $3,780
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $174,600
  • Net Operating Income: $153,294
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $21,306
  • New Taxes: $27,500
  • Trash: $0
  • Insurance: $4,480

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Property Details for 1348 W 41st Pl

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside, Washer Included
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Multi/Split
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Owner
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Year Built Source: Seller
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Turn into Normandie from W Martin Luther King Jr Blvd. Found on corner of W 41st Pl.
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1348 W 41st Pl

View property's historical transactions

  • January, 2024

  • Jan 18, 2024

    Date

    Active

    CRMLS: CV24009391

    $2,500,000

    Price

Tax History for 1348 W 41st Pl

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

1348 W 41st Pl is listed 100% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $409.03 per/sqft which puts the price per square foot 47.36% lower than the median price per square foot for the city of Los Angeles.

About 1348 W 41st Pl

Detailed summary of property

1348 W 41st Pl is a mixed use located in Los Angeles, CA 90037 and is currently for sale. This mixed use property offers 20 bedrooms, 16 bathrooms, roughly 6,112 living square feet, and sits on an approximately 6,146 square foot lot. 1348 W 41st Pl was first listed on ArdentRealEstateGroup.com on January 19, 2024. The homeowner is currently asking $2,500,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 100% higher than the median priced home. Local competing homes currently for sale include 8282 W 4th St, 3765 Delmas and 3454 Jasmine Ave. While the average home in Los Angeles, CA is selling in 92 days, 1348 W 41st Pl has a days on market of 64 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1348 W 41st Pl Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1348 W 41st Pl

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,000
Median List Price/Sq.Ft.
$517
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
32
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), Other (0%)

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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.

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