550 W 41ST Dr Los Angeles, CA 90037

Price
Not For Sale
Last Update
Dec 29th, 2022
Type
Off Market
Status
Off Market
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7 Beds
Off Market

Snapshot

Property Type
Single Family Attached
Lot Size
0.16 acres
Property Sqft
MLS Number
22-161959
Year Built
1921
Days On Market

Description

Great investment property. Is the perfect opportunity for an investor to own near Downtown and USC 550 w 41st Dr, is located at the heart of a culturally vibrant neighborhood of Southern Los Angeles. Surrounded by new developments. This property consist of five exceptional units totaling 3,120 SF of living area on a sizable 6,763 lot. An exceptional value-add investment opportunity located in a high demand rental area. Walking distance to the Coliseum, The Bank of California Stadium, Metro Expo Rail Line, minutes away from USC, Freeway, Exposition Park and Museum. This offering consist of two, easily maintained buildings, a two story fourplex (1B+1B) and one detached large single unit (2B +1B + Den) This building provides adequate parking that consist of four covered parking spaces and two uncovered. All units are separately metered for electric and gas. With the largest unit (2B +1B+Den). It's a prime value add with good cash on cash return. Adding market rent to a future home for potential students or owner user, with exceptional upside potential offering more than 7% Pro Forma Cap Rate.

More Details

Provider
Rodeo Realty
MLS ID
CLAWCA
MLS Name
Combined LA Westside Multiple Listing Service, Inc
MLS Number
22-161959
Source
listhub
PARTICIPANT
Name
Amber Martinez
Primary Phone
(310) 402-4727
Key
3YD-CLAWCA-C118027
Email
ambersellsla@gmail.com
BROKER
Name
Rodeo Realty
Phone
(310) 471-2600
OFFICE
Name
Rodeo Realty
Phone
(310) 724-7100
Copyright © 2024 Combined LA Westside Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listing Removed For Sale$1,093,000 Rodeo Realty
Listed For Sale$1,093,000 Rodeo Realty
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Nearby Schools

Elementary School

Global Education Academy

0.1 miles awayKG - 05

Elementary School

Menlo Avenue Elementary

0.2 miles awayKG - 05

Elementary School

West Vernon Avenue Elementary

0.4 miles awayKG - 05
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