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545 W 41st St, Los Angeles, CA 90037
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545 W 41st St Los Angeles, CA 90037

$840,000 Sold Price as of 02/21/2020
  • 4 Beds
  • 4 Baths
  • 3,923 Sq.Ft.
Sold
$840,000 Sold Price as of 02/21/2020 Refinance Your Mortgage
Map preview of 545 W 41st St, Los Angeles, CA 90037

Property Overview: 545 W 41st St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 3,923 living square feet and 6,751 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: STANDARD SALE. We can close quickly. DRIVE-BY ONLY. Do not disturb occupants. No Sign on property. Mostly copper plumbing. The property is very well maintained 4plex units with well-paying tenants, just minutes from downtown LA Live, Freeways, USC and the Coliseum, soccer stadium, New Honda dealership, and George Lucas just spent over $1billion in the area. All 4 units have its own detached garage. This is an outstanding Investor Income Property Opportunity.

Listed by JOEL BALSWICK | BRE #01871230 | EXP REALTY OF CALIFORNIA INC
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 44

Home details

Lot Sq. Ft
6,751
HOA Dues
$0/mo
Year built
1921
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
CV19223315
City
Los Angeles
County
Los Angeles
Time on Site
1220 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: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $5,829
  • Total Rent: $69,948
  • Pro Forma/Market Rent: $69,948
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $69,948
  • Net Operating Income: $59,876
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $10,072
  • New Taxes: $6,817
  • Trash: $100
  • Insurance: $1,000
  • Water/Sewer: $150

Property Details for 545 W 41st St

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5019023018
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross Streets: Figueroa and 41St
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains
View more facts & features

Local Los Angeles Agent

Sale History for 545 W 41st St

Last sold for $840,000 on February 21st, 2020

  • January, 2021

  • Jan 15, 2021

    Date

    Price Change

    CRMLS: W07148962

    $650,000

    Price

  • Listing provided courtesy of CRMLS

    Wow, wow, wow,!!!!!Beautiful fourplex. each unit has its own separate entrance/exit, It is all gated to provide more privacy. and has been remodeled recently. Great for a big family, investors or even the most picky of clients. Located in a great neighborhood. Come and see it, a beauty like this won't last long!!!!!!!!!!!!

  • February, 2020

  • Feb 27, 2020

    Date

    Sold

    CRMLS: CV19223315

    $840,000

    Price

  • Nov 2, 2019

    Date

    Pending

    CRMLS: CV19223315

    $890,000

    Price

  • Sep 20, 2019

    Date

    Price Change

    CRMLS: CV19223315

    $890,000

    Price

  • Sep 18, 2019

    Date

    Active

    CRMLS: CV19223315

    $1,100,000

    Price

  • February, 2020

  • Feb 21, 2020

    Date

    Sold (Public Records)

    Public Records

    $840,000

    Price

  • January, 2012

  • Jan 23, 2012

    Date

    Sold (Public Records)

    Public Records

    $310,000

    Price

Show More

Tax History for 545 W 41st St

Assessed Value (2020): $356,030
Year Land Value Improved Value Assessed Value
2020 $229,698 $126,332 $356,030

Home Value Compared to the Market

This property vs the competition

545 W 41st St sold on February 21, 2020 for 25.21% 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 $226.87 per/sqft which puts the price per square foot 69.95% lower than the current median sale per square foot for the city of Los Angeles.

About 545 W 41st St

Detailed summary of property

545 W 41st St is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 3,923 living square feet, and sits on an approximately 6,751 square foot lot. 545 W 41st St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $840,000. 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 25.21% lower than the current median priced home. Local homes that are currently for sale include 116 W 52nd Pl, 1270 Exposition Blvd and 1362 W 37th Dr. While the average home in Los Angeles, CA is selling in 94 days, 545 W 41st St has a days on market of 44 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 545 W 41st St 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 545 W 41st St

Public county record property details
Beds
4
Baths
4
Year built
1921
Sq. Ft.
3,923
Lot Size
6,750
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
57,58
APN
5019-023-018

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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Recently Sold Homes Near 545 W 41st St

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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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