1416 E 41st Pl Los Angeles, CA 90011

$960,000 Sold Price as of 07/03/2019

8 Beds
8 Baths
5,958 Sq.Ft.

Off Market

$960,000 Sold Price as of 07/03/2019 Refinance Your Mortgage

Map preview of 1416 E 41st Pl, Los Angeles, CA 90011

Property Overview: 1416 E 41st Pl Los Angeles, CA has 8 bedrooms, 8 bathrooms, 5,958 living square feet and 6,722 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1416 E 41st Pl is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $245,000 for the down payment and will need roughly $24,500 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $59,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1416 E 41st Pl

Last sold for $960,000 on July 3rd, 2019

June, 2023
Jun 22, 2023

Date

Canceled

CRMLS: OC23056448

$1,300,000

Price
Apr 6, 2023

Date

Active

CRMLS: OC23056448

$1,400,000

Price
Listing provided courtesy of CRMLS

!!!HUGE PRICE REDUCTION!!! Unique opportunity for savvy investors. Around 6% CAP. This is not your ordinary 4plex, it's a real A Diamond in the Rough with HUGE VALUE ADD POTENTIAL. SUPER COMPETITIVE PRICING. Boasting a total of nearly 6,000 SqFt of living space, each Townhome Style unit offers a spacious living area of approximately 1,500 SqFt with 4 bedrooms and 2 full baths each and SEPARATE METERS for Gas & Electricity, plus two of the units pay for their own water usage. All tenants are current and paying on time and on a Month to Month contract, ensuring a steady income for you as the investor. Although property is in need of repairs, it has already undergone some renovations within the last 3 years. NEW ROOF installed months ago. Take advantage of this incredible VALUE ADD potential! Property is minutes away from DTLA, LA Memorial Coliseum, USC, Staple Center, all exciting Restaurants and Shoppings, plus an easy access to the 110 FWY & 10 FWY, and roughly 20 minutes to SoFi Stadium. Call for more details.

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November, 2022
Nov 11, 2022

Date

Canceled

CRMLS: OC22092514

$1,449,000

Price
Jun 23, 2022

Date

Active

CRMLS: OC22092514

$1,599,000

Price
Listing provided courtesy of CRMLS

One of a kind investment consists of four SPACIOUS TOWNHOME STYLE 4 Bedrooms 2 Baths units with 1 bed and 1 bath in the main floor. Each unit is roughly around 1,500 SqFt (Close to 6,000 SqFt total) with their own SEPARATE METERS for Gas & Electricity (Two of the units pay for their own water use). A great potential upside in rents. All tenants are current and paying ontime. High CAP Rate Investment with Recent city inspection. Property is minutes away from DTLA, LA Memorial Coliseum, USC, Staple Center, all exciting Restaurants and Shoppings, plus an easy access to the 110 FWY & 10 FWY, and roughly 20 minutes to SoFi Stadium. Call for more details.

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July, 2019
Jul 3, 2019

Date

Sold

CRMLS: RS19001127

$960,000

Price
Jun 27, 2019

Date

Pending

CRMLS: RS19001127

$985,000

Price
May 24, 2019

Date

Price Change

CRMLS: RS19001127

$985,000

Price
Feb 26, 2019

Date

Price Change

CRMLS: RS19001127

$990,000

Price
Feb 15, 2019

Date

Price Change

CRMLS: RS19001127

$9,900,000

Price
Jan 10, 2019

Date

Active

CRMLS: RS19001127

$1,210,000

Price
Listing provided courtesy of CRMLS

NEW LOWER PRICE!! Excellent Investment Opportunity!. This investment offers (4) spacious, 4 bedroom and 2 bath units averaging roughly 1500 square feet per unit Great financials-Market rents, The property is separately metered for gas and electricity, Building is next to shops and entertainment. Great property to add to any portfolio.

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July, 2019
Jul 3, 2019

Date

Sold (Public Records)

Public Records

$960,000

Price
February, 2017
Feb 28, 2017

Date

Sold (Public Records)

Public Records

$840,000

Price

Tax History for 1416 E 41st Pl

Assessed Value (2020): $960,000

Year	Land Value	Improved Value	Assessed Value
2020	$470,000	$490,000	$960,000

About 1416 E 41st Pl

Detailed summary of property

1416 E 41st Pl is categorized with a use code of Quadruplex (4 Units, Any Combination) in Los Angeles, CA 90011 and last sold on July 3, 2019 for $960,000. This property has 8 bedrooms, 8 bathrooms, roughly 5,958 living square feet, and sits on an approximately 6,722 square foot lot. Homes 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 19.33% lower than the current median priced home. 1416 E 41st Pl was last sold on July 3, 2019 for $960,000. Local nearby listings include 5263 Wadsworth Ave, 916 E 23rd St and 637 E 28th St. The average home in Los Angeles, CA is selling in 96 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. If you are the homeowner and looking to sell the home at 1416 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 1416 E 41st Pl

Public county record property details

Beds: 8
Baths: 8
Year built: 1928
Sq. Ft.: 5,958
Lot Size: 6,722
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 10
APN: 5116-010-031

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

$620,000

Median List Price/Sq.Ft.

$460

Median Sold Price

$550,000

Median Sold Price/Sq.Ft.

$405

Total Inventory

Median Sale to List Price %

104.76%

Avg Days on Market

Loan Type

Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

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(714) 706-1823

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