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    923 W 41ST St

    Los Angeles, CA 90037
    • $1,125,000
    • STATUS: Active
    • ON SITE: 71 days
    • ID#: 20-605456
    UPDATED: 64 min ago
    $1,125,000
    • 6
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,270
      SQFT
    • $344
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1913
    County:

    School Ratings & Info

    Description

    GRM 13 CURRENT CAP RATE OF 5.6% along with close to 70% Upside Potential! Amazingly located on the corner lot with alley access, R3 LOT directly below USC & Exposition Park, this beautiful, well maintained, south facing 4 unit building with great cash flow that comes with ONE UNIT VACANT is the perfect value-add you have been waiting for at an incredible value! The most spacious and beautifully renovated unit in the building comes vacant and calls for the perfect opportunity for owner user. Property is offered at an extremely low cost per unit of $281K/Unit. Close to 1,000 SF great mix of 3 bed + Den and 1-bed units are perched at a quiet and beautiful tree-lined street. Upper units can enjoy the large and private patio with a view while lower units have a lush and private yard. All utilities separately metered, electric and comes with 8 parking spaces. 5,061 SF R3 TOC Tier 2 lot shows promising future development potentials with SoFi Stadium just a few miles down.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-30T13:42:48.273. 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.randyplaice.com/homes/108052079
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    923 W 41ST St Los Angeles, CA 90037

    • Price: $1,125,000
    • Status: Active
    • Updated: 64 min ago
    • ID#: 20-605456
    6
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,270
    SQFT
    $344
    $/SQFT
    1913
    Built
    Neighborhood:
    Los Angeles Southwest
    County:
    Los Angeles
    Area:
    Los Angeles Southwest
    Property Description
    GRM 13 CURRENT CAP RATE OF 5.6% along with close to 70% Upside Potential! Amazingly located on the corner lot with alley access, R3 LOT directly below USC & Exposition Park, this beautiful, well maintained, south facing 4 unit building with great cash flow that comes with ONE UNIT VACANT is the perfect value-add you have been waiting for at an incredible value! The most spacious and beautifully renovated unit in the building comes vacant and calls for the perfect opportunity for owner user. Property is offered at an extremely low cost per unit of $281K/Unit. Close to 1,000 SF great mix of 3 bed + Den and 1-bed units are perched at a quiet and beautiful tree-lined street. Upper units can enjoy the large and private patio with a view while lower units have a lush and private yard. All utilities separately metered, electric and comes with 8 parking spaces. 5,061 SF R3 TOC Tier 2 lot shows promising future development potentials with SoFi Stadium just a few miles down.
    Exterior Features

    Lot Size Area 5061 Other Structures None Parking Garage Other Total Parking 8

    Interior Features

    Baths Total 4.00 Cooling None Equipment None Heating None

    Property Features

    Gross Income 0 Gross Operating Income 0 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 0.00 Number Of Buildings 4 Number Of Units 4 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 0 Type Of Units 4Plex Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Vinnie Park DRE#02015848 of Coldwell Banker Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-30T13:42:48.273. 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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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355