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

$900,000 Sold Price as of 08/05/2020
  • 6 Beds
  • 3 Baths
  • 2,693 Sq.Ft.
Sold
$900,000 Sold Price as of 08/05/2020 Refinance Your Mortgage

Map preview of 163 W 41st Pl, Los Angeles, CA 90037

Property Overview: 163 W 41st Pl Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,693 living square feet and 6,739 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is a Wonderful opportunity to purchase TriPlex investment property. All 3 units are 2 Bedrooms and 1 bathroom. All units are well maintained which include new Roof, Zone AC And Heat in each unit. Triplex Features: Two units have New Kitchen Cabinets, Bathrooms and Hardwood floor throughout. These unit are located within walking distance to USC, Science Museum, LA Coliseum, Metro line, Shopping centers and Parks. Currently located in CA Opportunity Zone which will give qualified buyer tax advantages. Buyer(s) to conduct own due diligence and verify all information as to accuracy and suitability to their needs.

Listed by Carlos Torres | BRE #01940702 | Realty ONE Group United
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 75

Home details

Lot Sq. Ft
6,739
HOA Dues
$0/mo
Year built
1924
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
SB19229854
City
Los Angeles
County
Los Angeles
Time on Site
1212 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,379
  • Total Rent: $1,379
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.84%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $82,800
  • Net Operating Income: $61,239
  • Gross Operating Income: $80,316
  • Vacancy Allowance: $2,484
Annual Expense Breakdown
  • Total Operating Expense: $19,078
  • New Taxes: $11,875
  • Trash: $300
  • Insurance: $1,200
  • Water/Sewer: $3,000

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Property Details for 163 W 41st Pl

Interior Features
Cooling Information
  • Has Cooling
  • Zoned
Heating Information
  • Has Heating
  • Zoned
Laundry Information
  • Has Laundry
  • See Remarks
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Flooring: Laminate
Interior Features
  • Levels: One, Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Lawn, Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5111020016
  • 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
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: From 110 Frwy Exit at W Vernon Turn North to S. Broadway then turn E at 41st Place to address.
Neighborhood Information
  • Community Features: Urban
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Sale History for 163 W 41st Pl

Last sold for $900,000 on August 5th, 2020
  • August, 2020

  • Aug 5, 2020

    Date

    Sold

    CRMLS: SB19229854

    $900,000

    Price

  • Jun 18, 2020

    Date

    Pending

    CRMLS: SB19229854

    $900,000

    Price

  • May 27, 2020

    Date

    Price Change

    CRMLS: SB19229854

    $900,000

    Price

  • May 2, 2020

    Date

    Price Change

    CRMLS: SB19229854

    $925,000

    Price

  • Apr 16, 2020

    Date

    Active

    CRMLS: SB19229854

    $950,000

    Price

  • Feb 2, 2020

    Date

    Withdrawn

    CRMLS: SB19229854

    $950,000

    Price

  • Jan 8, 2020

    Date

    Price Change

    CRMLS: SB19229854

    $950,000

    Price

  • Jan 7, 2020

    Date

    Hold

    CRMLS: SB19229854

    $850,000

    Price

  • Jan 7, 2020

    Date

    Active

    CRMLS: SB19229854

    $850,000

    Price

  • Oct 10, 2019

    Date

    Hold

    CRMLS: SB19229854

    $850,000

    Price

  • Sep 27, 2019

    Date

    Active

    CRMLS: SB19229854

    $850,000

    Price

  • August, 2020

  • Aug 5, 2020

    Date

    Sold (Public Records)

    Public Records

    $900,000

    Price

  • September, 1998

  • Sep 9, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 163 W 41st Pl

Assessed Value (2020): $358,567
Year Land Value Improved Value Assessed Value
2020 $172,803 $185,764 $358,567

Home Value Compared to the Market

This property vs the competition

163 W 41st Pl sold on August 5, 2020 for 24.37% 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 $334.2 per/sqft which puts the price per square foot 55.74% lower than the current median sale per square foot for the city of Los Angeles.

About 163 W 41st Pl

Detailed summary of property

163 W 41st Pl is a triplex that recently sold in Los Angeles, CA 90037. This triplex offered 6 bedrooms, 3 bathrooms, roughly 2,693 living square feet, and sits on an approximately 6,739 square foot lot. 163 W 41st Pl was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $900,000. 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 24.37% lower than the current median priced home. Local homes that are currently for sale include 876 E 41st Pl, 919 W. 41st Drive and 218 E 27th St. While the average home in Los Angeles, CA is selling in 94 days, 163 W 41st Pl has a days on market of 75 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 163 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 163 W 41st Pl

Public county record property details
Beds
3
Baths
3
Year built
1924
Sq. Ft.
2,693
Lot Size
6,738
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
34
APN
5111-020-016

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.
$560
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
33
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.