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    601 W 41St St

    Los Angeles, CA 90037
    • $998,000
    • STATUS: Active
    • ON SITE: 50 days
    • ID#: 20-645288
    UPDATED: 52 min ago
    $998,000
    • 8
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,548
      SQFT
    • $219
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1921
    County:

    School Ratings & Info

    Description

    Located in the Expo Park section of Los Angeles, with immediate access to the USC Campus, Banc of California Stadium, the L.A. Coliseum (hosting the Olympic Games in 2028), and the future site of the $1 Billion George Lucas Museum of Narrative Art, set to open in late 2021. PROPERTY HIGHLIGHTS: Spacious Units -- total rentable square feet of the 4 units totals 4,548 (Buyer to verify). Excellent Unit Mix -- two 2 bed 1 bath units and two 2 bed 1 bath plus sun room units. Well Maintained -- Owned by the same family ownership for over25 years. Value-Add -- Opportunity to convert to student housing and dramatically increase rents in the long term.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-12-01T20:42:52.817. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.trulinerealty.com/homes/110913547
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    601 W 41St St Los Angeles, CA 90037

    • Price: $998,000
    • Status: Active
    • Updated: 52 min ago
    • ID#: 20-645288
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    4,548
    SQFT
    $219
    $/SQFT
    1921
    Built
    Neighborhood:
    Downtown L.A.
    County:
    Los Angeles
    Area:
    Downtown L.A.
    Property Description
    Located in the Expo Park section of Los Angeles, with immediate access to the USC Campus, Banc of California Stadium, the L.A. Coliseum (hosting the Olympic Games in 2028), and the future site of the $1 Billion George Lucas Museum of Narrative Art, set to open in late 2021. PROPERTY HIGHLIGHTS: Spacious Units -- total rentable square feet of the 4 units totals 4,548 (Buyer to verify). Excellent Unit Mix -- two 2 bed 1 bath units and two 2 bed 1 bath plus sun room units. Well Maintained -- Owned by the same family ownership for over25 years. Value-Add -- Opportunity to convert to student housing and dramatically increase rents in the long term.
    Exterior Features

    Direction Faces South Lot Size Area 6750 Other Structures None Parking Garage Uncovered Style Craftsman Total Parking 4 View Description None View YN No

    Interior Features

    Baths Total 4.00 Cooling None Den No Dining Room No Equipment Range/Oven Family Room No Heating Wall Gas Laundry None Rooms Sun Water Heater Features Water Heater Unit

    Property Features

    Alley YN No Assessed Total Value 43253 Gross Income 68688 Gross Operating Income 68688 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 39991.00 Number Of Buildings 1 Number Of Units 4 Owner Pays Water Rent Control YN Yes Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Source Lot Size Dimensions Other Tenant Pays GasElectricity Total Annual Expense 26636 Type Of Units Apartment Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Darin Spillman DRE#01366902 of Hudson Commercial Partners, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-12-01T20:42:52.817. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    TruLine Realty
    8644 Wilshire Blvd. Suite 204
    Beverly Hills CA, 90211