990 E 41st St, Los Angeles, CA 90011
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990 E 41st St Los Angeles, CA 90011

$500,000 Sold Price as of 02/04/2020
  • 5 Beds
  • 4 Baths
  • 2,541 Sq.Ft.
Sold
$500,000 Sold Price as of 02/04/2020 Refinance Your Mortgage

Map preview of 990 E 41st St, Los Angeles, CA 90011

Property Overview: 990 E 41st St Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,541 living square feet and 6,250 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Consisting of 2-buildings, this 4-Unit property is a rare investment opportunity in the heart of Los Angeles. The front building includes 2-bedrooms & 1 bath with living room bay window. The rear building consists of a main level studio and two 1-bedroom & 1-bath units located upstairs. This property is just a short distance to Downtown Los Angeles and a wide array of shops, restaurants, schools and churches. Submit your offer today.

Listed by Theresa La Roche | BRE #00815018 | Keller Williams Rlty Whittier
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
6,250
HOA Dues
$0/mo
Year built
1949
Garage
1 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW19281625
City
Los Angeles
County
Los Angeles
Time on Site
1254 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $750
  • Total Rent: $750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $4,350
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 990 E 41st St

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5115023012
  • Year Built Source: Assessor
  • Property is Attached
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Major cross streets are Wadsworth Ave. & E 42nd St.
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 990 E 41st St

Last sold for $500,000 on February 4th, 2020
  • February, 2020

  • Feb 4, 2020

    Date

    Sold

    CRMLS: PW19281625

    $500,000

    Price

  • Jan 3, 2020

    Date

    Pending

    CRMLS: PW19281625

    $475,000

    Price

  • Dec 20, 2019

    Date

    Hold

    CRMLS: PW19281625

    $475,000

    Price

  • Dec 17, 2019

    Date

    Active

    CRMLS: PW19281625

    $475,000

    Price

  • February, 2020

  • Feb 4, 2020

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

  • February, 2005

  • Feb 8, 2005

    Date

    Sold (Public Records)

    Public Records

    $410,000

    Price

Show More

Tax History for 990 E 41st St

Assessed Value (2020): $522,798
Year Land Value Improved Value Assessed Value
2020 $248,534 $274,264 $522,798

Home Value Compared to the Market

This property vs the competition

990 E 41st St sold on February 4, 2020 for 57.96% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $186.93 per/sqft which puts the price per square foot 75.21% lower than the current median sale per square foot for the city of Los Angeles.

About 990 E 41st St

Detailed summary of property

990 E 41st St is a fourplex that recently sold in Los Angeles, CA 90011. This fourplex offered 5 bedrooms, 4 bathrooms, roughly 2,541 living square feet, and sits on an approximately 6,250 square foot lot. 990 E 41st St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $500,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 57.96% lower than the current median priced home. Local homes that are currently for sale include 1977 W 48th St, 220 W Colden Ave and 3134 Fairmount St. While the average home in Los Angeles, CA is selling in 98 days, 990 E 41st St has a days on market of 3 days. There are currently 3912 homes for sale in the Los Angeles real estate market and 2639 of them are single family homes while 1161 of them are condos and 105 are townhomes. For more information on this home for sale at 990 E 41st St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 990 E 41st St

Public county record property details
Beds
5
Baths
4
Year built
1949
Sq. Ft.
2,541
Lot Size
6,250
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
5115-023-012

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$640,000
Median List Price/Sq.Ft.
$493
Median Sold Price
$555,000
Median Sold Price/Sq.Ft.
$484
Total Inventory
47
Median Sale to List Price %
100%
Avg Days on Market
12
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (25%)

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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.