CA > Los Angeles
Los Angeles, CA 90037,251 W 41st PL
Los Angeles, CA 90037,251 W 41st PL
Los Angeles, CA 90037,251 W 41st PL
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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567
$1,499,995
Est. payment /mo
11 Beds
7 Baths
3,609 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,609 sqft

Price per Sqft $415

MLS Listing ID 25616017

Bedrooms 11

HOA Y/N No

Year Built 1955

Lot Size 6,751 Sqft

Property Description

Exceptional Income Property Prime Location Near Exposition Park & USC! This high-performing investment gem offers impressive income potential with a strong cap rate exceeding 8.5%. Fully upgraded from top to bottom, the property boasts a new electrical panel, upgraded plumbing, fresh exterior paint, and a fully inspected roof ensuring durability and minimal maintenance for years to come. Inside, every unit has been beautifully remodeled with modern finishes, updated electrical and plumbing systems, sleek kitchens, stylish bathrooms, and new flooring throughout, making this a true turnkey opportunity. With units occupied, investors can enjoy immediate, steady cash flow and strong long-term returns. Featuring a desirable unit mix of six, one 3-bedroom unit, four 2-bedroom units, and one single unit(ADU), this property appeals to a wide range of tenants and offers excellent rent diversification. Its prime location near major employers, schools, shopping, and transportation hubs drives consistent demand and high occupancy. Whether you're a seasoned investor or expanding your portfolio, this is a rare opportunity to own a low-maintenance, high-yield asset in one of LA's most desirable growth areas. Don't miss out on properties like this, they move fast! Please see attached OM.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LARD1.5

Interior

Heating Wall Furnace

Cooling Dual

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5111021017

Security Features Carbon Monoxide Detector(s)

Special Listing Condition Standard

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CRMLS – RECore
Listed by Meran Solamany Keller Williams Beverly Hills

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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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