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

$1,100,000
  • 5 Beds
  • 0 Baths
  • 2,821 Sq.Ft.
For Sale
$1,100,000 Get Pre-Qualified
Map preview of 862 W 41st St, Los Angeles, CA 90037

Property Overview: 862 W 41st St Los Angeles, CA has 5 bedrooms, -- bathrooms, 2,821 living square feet and 5,841 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: Great TRIPLEX INVESTMENT OPPORTUNITY NEAR USC, BMO Stadium, Downtown LA! TWO UNITS are 2 bedrooms / 1 bath each and the other is 1 Bedroom / 1 bath each , LIVE IN ONE and Collect Rents on the others!! Perfect opportunity to own Rentals! Don't miss out on this opportunity! Big Upside!

Listed by Edwin Acevedo | BRE #01854178 | Century 21 LOTUS
Last checked: 31 seconds ago | Last updated: February 29th, 2024 | Source CRMLS | DOM: 51
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Home details

Lot Sq. Ft
5,841
HOA Dues
$0/mo
Year built
1938
Garage
4 Car
Property Type:
Triplex
Status
Active
MLS#
DW24033892
City
Los Angeles
County
Los Angeles
Time on Site
64 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • 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: 1
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • 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: $44,100
  • Net Operating Income: $30,100
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $14,000
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $12,000
  • Trash: $1,000
  • Insurance: $0
  • Water/Sewer: $1,000

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Property Details for 862 W 41st St

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: Back Yard, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5019003032
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Private
Location / Neighborhood
Location Information
  • Directions: North on 110 fwy, exit MLK , Drive West, Make Left on Hoover , Right on 41st
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Suburban
View more facts & features

Local Los Angeles Agent

Sale History for 862 W 41st St

Last sold for $455,000 on September 7th, 2004

  • February, 2024

  • Feb 27, 2024

    Date

    Active

    CRMLS: DW24033892

    $1,100,000

    Price

  • February, 2024

  • Feb 7, 2024

    Date

    Canceled

    CRMLS: DW23184398

    $999,000

    Price

  • Oct 3, 2023

    Date

    Active

    CRMLS: DW23184398

    $1,295,000

    Price

  • Listing provided courtesy of CRMLS

    ATTENTION INVESTORS!! 2 level Triplex...Two units consist of 2bed/1bath and One unit consists of 1bed/1bath. Four 1 car garages. Walking distance to BMO Stadium, USC, Coliseum, California Science Center, Natural History Museum of Los Angeles County, E Line of the Los Angeles Metro Rail system. Buyers/Buyer's Agent to do their due diligence.

  • April, 2022

  • Apr 18, 2022

    Date

    Active

    CRMLS: DW22077801

    $900,000

    Price

  • Listing provided courtesy of CRMLS

    This Triplex is approximately 2 blocks south of Banc of California Soccer Stadium & the Los Angeles Memorial Coliseum and just 1/2 a mile south of the University of Southern California Campus. It is also waking distance to Exposition Park; which consists of the California Science Center, Natural History Museum, California African American Museum, and the future George Lucas Museum. It is easily accessible, being just west of the 110 Freeway on ramp and less than 1 mile from the Expo Park /USC metro station, which connects downtown Los Angeles to Santa Monica.

  • February, 2022

  • Feb 5, 2022

    Date

    Canceled

    CRMLS: 21110563

    $1,100,000

    Price

  • Dec 7, 2021

    Date

    Active

    CRMLS: 21110563

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

    3 apartment units - Consisting of two (2) 2-bedroom + 1-bathroom units, and one (1) 1-bedroom & 1-bathroom unit. The property is located blocks from the University of Southern California (USC) and an excellent value-add investment. The subject property is 100% occupied and is subject to the City of Los Angeles rent control regulation. Given the location, attractive local area amenities, and opportunity to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique premier property that will provide exponential returns.

  • October, 2021

  • Oct 7, 2021

    Date

    Withdrawn

    CRMLS: SR21060660

    $999,000

    Price

  • Mar 25, 2021

    Date

    Active

    CRMLS: SR21060660

    $999,000

    Price

  • Listing provided courtesy of CRMLS

    Located in the most desirable area, this amazing property contains a total of 3 units, two units are 2 bedrooms & 1 bathroom, and one unit is 1 bedroom & 1 bathroom. The property is located 4 blocks away from the Ban of California Stadium, in addition is just minutes away of walking distance to L.A. Memorial Coliseum, Natural History Museum Of Los Angeles, Metro Station and much more, the perfect property for investors or future owner occupied!!

  • September, 2004

  • Sep 7, 2004

    Date

    Sold (Public Records)

    Public Records

    $455,000

    Price

  • March, 1999

  • Mar 18, 1999

    Date

    Sold (Public Records)

    Public Records

    $225,000

    Price

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Tax History for 862 W 41st St

Assessed Value (2020): $579,913
Year Land Value Improved Value Assessed Value
2020 $458,835 $121,078 $579,913

Home Value Compared to the Market

This property vs the competition

862 W 41st St is listed 10.2% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $389.93 per/sqft which puts the price per square foot 49.62% lower than the median price per square foot for the city of Los Angeles.

About 862 W 41st St

Detailed summary of property

862 W 41st St is a triplex located in Los Angeles, CA 90037 and is currently for sale. This triplex offers 5 bedrooms, -- bathrooms, roughly 2,821 living square feet, and sits on an approximately 5,841 square foot lot. 862 W 41st St was first listed on ArdentRealEstateGroup.com on February 28, 2024. The homeowner is currently asking $1,100,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 10.2% lower than the median priced home. Local competing homes currently for sale include 201 W 46th St, 5116 S Budlong Ave and 3919 Halldale Ave. While the average home in Los Angeles, CA is selling in 96 days, 862 W 41st St has a days on market of 51 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 862 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 862 W 41st St

Public county record property details
Beds
5
Baths
3
Year built
1938
Sq. Ft.
2,821
Lot Size
5,839
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
56
APN
5019-003-032

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
$725,000
Median List Price/Sq.Ft.
$562
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.

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