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

$900,000 Sold Price as of 09/07/2021
  • 4 Beds
  • 4 Baths
  • 4,392 Sq.Ft.
Sold
$900,000 Sold Price as of 09/07/2021 Refinance Your Mortgage

Map preview of 243 W 41st Pl, Los Angeles, CA 90037

Property Overview: 243 W 41st Pl Los Angeles, CA has 4 bedrooms, 4 bathrooms, 4,392 living square feet and 6,749 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: BACK ON THE MARKET, BUYERS FAILED TO PERFORM SUBJECT TO CANCELLATION OF ESCROW !!243, 245, 247 and 249. Owner motivated. Largest square footage for sale in the area, great potential for future student rentals, close to famous USC, Staples Center, downtown Los Angeles. The units are 1 bedroom and 1 bath @ 1098 sqf each unit. Easy access to transportation and freeways. Agents please read remarks. Property SOLD AS IS in it's present condition/

Listed by ZUNILDA HASSEY | BRE #00950683 | DYNASTY REAL ESTATE
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 64

Home details

Lot Sq. Ft
6,749
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
IV21068059
City
Los Angeles
County
Los Angeles
Time on Site
1142 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,425
  • Total Rent: $1,425
  • Pro Forma/Market Rent: $1,425
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,217
  • Total Rent: $1,217
  • Pro Forma/Market Rent: $1,217
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,217
  • Total Rent: $1,217
  • Pro Forma/Market Rent: $1,217
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,321
  • Total Rent: $1,321
  • Pro Forma/Market Rent: $1,321
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $62,180
  • Net Operating Income: $49,680
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $12,500
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $18
  • New Taxes: $11,875
  • Trash: $0
  • Insurance: $2,108
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $9,600

Property Details for 243 W 41st Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Uncovered
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5111021018
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: EAST OF BROADWAY
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Urban
View more facts & features

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Sale History for 243 W 41st Pl

Last sold for $900,000 on September 7th, 2021
  • September, 2021

  • Sep 7, 2021

    Date

    Sold

    CRMLS: IV21068059

    $900,000

    Price

  • Sep 2, 2021

    Date

    Pending

    CRMLS: IV21068059

    $950,000

    Price

  • Aug 30, 2021

    Date

    Active Under Contract

    CRMLS: IV21068059

    $950,000

    Price

  • Jul 16, 2021

    Date

    Pending

    CRMLS: IV21068059

    $950,000

    Price

  • Jul 13, 2021

    Date

    Hold

    CRMLS: IV21068059

    $950,000

    Price

  • Jul 12, 2021

    Date

    Active

    CRMLS: IV21068059

    $950,000

    Price

  • Jul 9, 2021

    Date

    Pending

    CRMLS: IV21068059

    $950,000

    Price

  • Jul 9, 2021

    Date

    Active

    CRMLS: IV21068059

    $950,000

    Price

  • Jul 9, 2021

    Date

    Price Change

    CRMLS: IV21068059

    $950,000

    Price

  • Jun 4, 2021

    Date

    Pending

    CRMLS: IV21068059

    $899,000

    Price

  • May 27, 2021

    Date

    Price Change

    CRMLS: IV21068059

    $899,000

    Price

  • Apr 1, 2021

    Date

    Active

    CRMLS: IV21068059

    $950,000

    Price

Tax History for 243 W 41st Pl

Assessed Value (2020): $246,885
Year Land Value Improved Value Assessed Value
2020 $98,526 $148,359 $246,885

Home Value Compared to the Market

This property vs the competition

243 W 41st Pl sold on September 7, 2021 for 20.17% 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 $216.3 per/sqft which puts the price per square foot 71.35% lower than the current median sale per square foot for the city of Los Angeles.

About 243 W 41st Pl

Detailed summary of property

243 W 41st Pl is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 4,392 living square feet, and sits on an approximately 6,749 square foot lot. 243 W 41st Pl was first listed on ArdentRealEstateGroup.com on April 1, 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 20.17% lower than the current median priced home. Local homes that are currently for sale include 747 E 33rd St, 876 E 41st Pl and 217 W 57th St. While the average home in Los Angeles, CA is selling in 94 days, 243 W 41st Pl has a days on market of 64 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 243 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 243 W 41st Pl

Public county record property details
Beds
4
Baths
4
Year built
1923
Sq. Ft.
4,392
Lot Size
6,748
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
5111-021-018

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.