648 W 41St Dr, Los Angeles, CA 90037
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648 W 41St Dr Los Angeles, CA 90037

$1,135,000 Sold Price as of 12/20/2023
  • 8 Beds
  • 4 Baths
  • 2,824 Sq.Ft.
Sold
$1,135,000 Sold Price as of 12/20/2023 Refinance Your Mortgage

Map preview of 648 W 41St Dr, Los Angeles, CA 90037

Property Overview: 648 W 41St Dr Los Angeles, CA has 8 bedrooms, 4 bathrooms, 2,824 living square feet and 5,424 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: FANTASTIC INVESTMENT OPPORTUNITY IN A PRIME LOCATION! THIS PROPERTY IS SITUATED IN THE HIGHLY DESIRED USC AREA, MAKING IT AN IDEAL CHOICE FOR SAVVY INVESTORS, ESPECIALLY THOSE INTERESTED IN STUDENT HOUSING OR THOSE LOOKING FOR MULTIFAMILY OPPORTUNITY, LIVE IN ONE AND RENT THE OTHERS! NO NEED TO WORRY ABOUT TENANTS! THIS RECENTLY UPDATED 2-STORY FOURPLEX FEATURES 4 SPACIOUS UNITS EACH 2 BEDROOM 1 BATH, AND 6 PARKING SPACES. PROPERTY HAS 4 METERS FOR GAS AND ELECTRICITY, PERFECT TO KEEP EXPENSES TO A MINIMUM. CONVENIENTLY LOCATED LESS THAN A MILE FROM THE LOS ANGELES COLISEUM, EXPOSITION PARK, METRO LINE, AND 1.2 MILES FROM USC. YOU DON'T WANT TO MISS OUT ON THIS OPPORTUNITY, COME SEE THE ENDLESS POTENTIAL FOR YOURSELF!

Listed by Anabella Jimenez | BRE #01384351 | Century 21 Realty Masters
Co-listed by Natalie Sanchez | BRE #02206716 | Century 21 Realty Masters
Last checked: 15 minutes ago | Last updated: December 21st, 2023 | Source CRMLS | DOM: 84

Home details

Lot Sq. Ft
5,424
HOA Dues
$0/mo
Year built
1934
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
DW23177020
City
Los Angeles
County
Los Angeles
Time on Site
363 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: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $5,032
  • Net Operating Income: $4,140
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $892
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $1,800
  • Insurance: $1,581
  • Water/Sewer: $4,800

Property Details for 648 W 41St Dr

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5019020022
  • Year Built Source: Public Records
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: TAKE 1-10 W TO MARTIN LUTHER KING JR BLVD, TAKE S. FIGUEROA ST TO W 41ST DR.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 648 W 41St Dr

Last sold for $1,135,000 on December 20th, 2023
  • December, 2023

  • Dec 20, 2023

    Date

    Sold

    CRMLS: DW23177020

    $1,135,000

    Price

  • Sep 21, 2023

    Date

    Active

    CRMLS: DW23177020

    $1,189,000

    Price

  • September, 2023

  • Sep 12, 2023

    Date

    Canceled

    CRMLS: MB23114627

    $890,000

    Price

  • Jun 28, 2023

    Date

    Active

    CRMLS: MB23114627

    $890,000

    Price

  • Listing provided courtesy of CRMLS

    Location Location, Great income property located near USC and the L.A. Memorial Coliseum, Coffee shops, Commercial Retail and the 110 Freeway. New properties being developed around this neighborhood. Two story recently some remodeling done on the building. This is a perfect buy for either your first time investor or small 1031 tax exchange upleg purchase.

  • December, 2003

  • Dec 30, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 1998

  • Mar 11, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 648 W 41St Dr

Assessed Value (2020): $309,568
Year Land Value Improved Value Assessed Value
2020 $184,412 $125,156 $309,568

Home Value Compared to the Market

This property vs the competition

648 W 41St Dr sold on December 20, 2023 for 6.16% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $421.03 per/sqft which puts the price per square foot 41.85% lower than the current median sale per square foot for the city of Los Angeles.

About 648 W 41St Dr

Detailed summary of property

648 W 41St Dr is a fourplex that recently sold in Los Angeles, CA 90037. This fourplex offered 8 bedrooms, 4 bathrooms, roughly 2,824 living square feet, and sits on an approximately 5,424 square foot lot. 648 W 41St Dr was first listed on ArdentRealEstateGroup.com on September 21, 2023. The homeowner sold the property for $1,135,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 6.16% higher than the current median priced home. Local homes that are currently for sale include 840 W 52nd St, 1171 W 38th St and 4056 S Normandie Ave. While the average home in Los Angeles, CA is selling in 106 days, 648 W 41St Dr has a days on market of 84 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 648 W 41St Dr 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 648 W 41St Dr

Public county record property details
Beds
8
Baths
4
Year built
1934
Sq. Ft.
2,824
Lot Size
5,424
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
37
APN
5019-020-022

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
$688,000
Median List Price/Sq.Ft.
$546
Median Sold Price
$626,228
Median Sold Price/Sq.Ft.
$437
Total Inventory
36
Median Sale to List Price %
125.5%
Avg Days on Market
17
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), 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.