721 W 41st Dr, Los Angeles, CA 90037
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721 W 41st Dr Los Angeles, CA 90037

$889,000
  • 7 Beds
  • 6 Baths
  • 1,804 Sq.Ft.
For Sale
$889,000 Get Pre-Qualified

Map preview of 721 W 41st Dr, Los Angeles, CA 90037

Property Overview: 721 W 41st Dr Los Angeles, CA has 7 bedrooms, 6 bathrooms, 1,804 living square feet and 5,401 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Seize this exceptional income property investment opportunity near USC and Exposition Park, ideally located west of the 110 Freeway and just a short walk from the iconic Coliseum and BMO Stadium. This beautifully updated duplex offers two well-maintained, detached buildings, providing both privacy and versatility. The larger unit features 3 bedrooms and 2 bathrooms, while the smaller unit includes 2 bedrooms and 2 bathrooms, each with the convenience of in-unit washer and dryer.Modern comforts are assured with central air conditioning and heating, ensuring year-round tenant satisfaction. The property is meticulously maintained by the current owner and will be delivered with reliable tenants in place, offering immediate rental income. This is a prime investment for those seeking a stable, income-generating asset in a vibrant and highly sought-after area.

Listed by Sue Soyoung Kim | BRE #01827069 | Bee Investment, Inc.
Last checked: 6 minutes ago | Last updated: September 2nd, 2024 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
5,401
HOA Dues
$0/mo
Year built
1910
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24431173
City
Los Angeles
County
Los Angeles
Time on Site
26 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,392
  • Total Rent: $2,392
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,288
  • Total Rent: $2,288
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 721 W 41st Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 2
  • Parcel Number: 5019021034
  • Architectural Style: See Remarks
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: West of Figueroa, South of Martin Luther King Jr. Blvd.
View more facts & features

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Sale History for 721 W 41st Dr

Last sold for $640,000 on February 14th, 2020
  • August, 2024

  • Aug 22, 2024

    Date

    Active

    CRMLS: 24431173

    $889,000

    Price

  • July, 2020

  • Jul 1, 2020

    Date

    Expired

    CRMLS: 20568706

    $2,200

    Price

  • Jun 6, 2020

    Date

    Active

    CRMLS: 20568706

    $2,200

    Price

  • Jun 2, 2020

    Date

    Expired

    CRMLS: 20568706

    $2,200

    Price

  • Apr 3, 2020

    Date

    Active

    CRMLS: 20568706

    $2,200

    Price

  • Listing provided courtesy of CRMLS

    Very convenient location! Easy access to freeway, I-110, I-10, I-101. Walking distance to Exposition Park. Close to DTLA, South Central, Mid-City.This property has gone through heavy remodeling. Quite good sized office area is attached to the unit! Must see!

  • May, 2020

  • May 31, 2020

    Date

    Expired

    CRMLS: 20564586

    $2,400

    Price

  • May 26, 2020

    Date

    Hold

    CRMLS: 20564586

    $2,400

    Price

  • May 1, 2020

    Date

    Active

    CRMLS: 20564586

    $2,400

    Price

  • May 1, 2020

    Date

    Expired

    CRMLS: 20564586

    $2,400

    Price

  • Apr 14, 2020

    Date

    Price Change

    CRMLS: 20564586

    $2,400

    Price

  • Mar 17, 2020

    Date

    Active

    CRMLS: 20564586

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Very convenient location. Walking distance from Exposition Park! Close to DTLA, USC, Metro. Easy access to I-110, I-10! The 2 bedrooms + den(functioning as bedroom) and 2 full bathrooms. The property had gone through heavy remodeling. New bathrooms, new paint, new light, new appliances - refridge, microwave, washer and dryer. All laminate and tiled floor. Central A/C and heater, recessed lights. This unit do not share any wall with other unit. Must see this beautiful, cozy house!

  • February, 2020

  • Feb 14, 2020

    Date

    Sold

    CRMLS: SB19216955

    $640,000

    Price

  • Jan 23, 2020

    Date

    Pending

    CRMLS: SB19216955

    $670,000

    Price

  • Dec 21, 2019

    Date

    Active Under Contract

    CRMLS: SB19216955

    $670,000

    Price

  • Oct 1, 2019

    Date

    Price Change

    CRMLS: SB19216955

    $670,000

    Price

  • Sep 11, 2019

    Date

    Active

    CRMLS: SB19216955

    $695,000

    Price

  • Listing provided courtesy of CRMLS

    Only blocks away from USC, Exposition Park and Downtown Los Angeles! Front unit offers a two bedroom, one bath, washer and dryer hookups, and a lengthy driveway. Detached back unit offers two bedrooms, one bath, washer and dryer hookups, and an attached, one-car garage. Exceptional duplex perfect for an owner, user, or investor. Walking distance to public transportation, Honda of Downtown LA, schools, LA Coliseum, shopping centers, and Banc of California Stadium.

  • February, 2020

  • Feb 14, 2020

    Date

    Sold (Public Records)

    Public Records

    $640,000

    Price

  • February, 2006

  • Feb 6, 2006

    Date

    Sold (Public Records)

    Public Records

    $490,000

    Price

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Tax History for 721 W 41st Dr

Assessed Value (2020): $612,275
Year Land Value Improved Value Assessed Value
2020 $424,847 $187,428 $612,275

Home Value Compared to the Market

This property vs the competition

721 W 41st Dr is listed 25.92% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $492.79 per/sqft which puts the price per square foot 35.83% lower than the median price per square foot for the city of Los Angeles.

About 721 W 41st Dr

Detailed summary of property

721 W 41st Dr is a multi family located in Los Angeles, CA 90037 and is currently for sale. This multi family property offers 7 bedrooms, 6 bathrooms, roughly 1,804 living square feet, and sits on an approximately 5,401 square foot lot. 721 W 41st Dr was first listed on ArdentRealEstateGroup.com on August 24, 2024. The homeowner is currently asking $889,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 25.92% lower than the median priced home. Local competing homes currently for sale include 916 W 53rd W St, 860 W 54th St and 151 W 52nd St. While the average home in Los Angeles, CA is selling in 106 days, 721 W 41st Dr has a days on market of 26 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 721 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 721 W 41st Dr

Public county record property details
Beds
4
Baths
2
Year built
1910
Sq. Ft.
1,804
Lot Size
5,400
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
24
APN
5019-021-034

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.