See Home Value
$1,362,596*
Multifamily - Off Market

550 West 41ST Drive

Los Angeles (City), CA 90037
bedrooms
7 Beds
bathrooms
5 Baths
square feet
3120 Sqft
$842,000 - $1,028,000
Reference Base Price*
45.73%
Since Nov 1, 2019
CA-Los Angeles
Primary Model

About This Property

Great Investment property! Walking distance to the LA Memorial Coliseum.LARD1.5 zoned lot. South Los Angeles continues to grow with new developments which keeps rising rents. The building has 5 separately-metered for gas and electricity is low maintenance. Very clean building. Contained in two buildings on the lot with 2 different address . There is ~ 50% upside in current rents which presents tremendous opportunity for new owners.  550- Front building four units all 1 bedroom & bathroom. Building Sq Ft: 2,112.    Back building 552 W 41St Dr. - Has it own mail address. Large unit with balcony 2Bedrooms + 1Bathroom.  Building Sq Ft: 1,008.   No need Soft-Story Retrofit.     Buyer to verified all city permits with the city. Drive by only.

The manager has listed the unit size as 3120 square feet.
Unit Size
3,120Ft²
Days on Market
-
Land Size
6,763.00 acres
Price per sqft
$300
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1921

Price History

Date / Event Date Event Price
Oct 4, 2019 No longer available -
No longer available
Sep 22, 2019 Relisted $935,000
Relisted
Sep 2, 2019 No longer available -
No longer available
May 29, 2019 Listed $935,000
Listed

Property Highlights

Air Conditioning
Garage


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
6 Beds
4 Baths
4,320 ft²
$192/ft²
$830,000 Dec 23, 2023
-
-
Multifamily
1 Bed
2 Baths
2,763 ft²
$347/ft²
$959,500 Feb 5, 2024
-
-
Multifamily
5 Beds
-
2,821 ft²
$390/ft²
$1,100,000 Feb 27, 2024
-
-
Multifamily
4 Beds
6 Baths
2,456 ft²
$305/ft²
$750,000 Feb 5, 2024
-
-
Multifamily
11 Beds
6 Baths
4,032 ft²
$260/ft²
$1,049,000 Feb 15, 2024
-
-
Other
Loft
-
2,724 ft²
$403/ft²
$1,099,000 Jan 4, 2024
-
-
Other
Loft
-
2,400 ft²
$333/ft²
$800,000 Nov 5, 2023
-
-
House
3 Beds
2 Baths
2,182 ft²
$440/ft²
$959,900 Nov 3, 2023
-
-
House
4 Beds
4.5 Baths
1,649 ft²
$491/ft²
$810,000 Jan 15, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220107
01/07/2022
Studio
-
-
$1,100,000
bedrooms
Studio
bathrooms
-
-
-
-
Amber Martinez
Rodeo Realty- Brentwood
20190228
02/28/2019
6 Bed
5 Bath
3120 ft²
$950,000
bedrooms
6 Bed
bathrooms
5 Bath
square feet
3120 ft²
-
-
-
-

Building Info

550 West 41st Drive 550 West 41st Drive, Los Angeles, CA 90037
More about this Building
550 West 41st Drive
Want to find out who owns 550 West 41st Drive, Los Angeles, CA 90037? Get detailed property transactions here .

About South LA


Similar Homes for Sale

Unit for sale at 433 West 49th Street, Los Angeles, CA 90037

$810,000

  • 4 Beds
  • 4.5 Baths
  • 1,649 ft²
433 West 49th Street, Los Angeles, CA 90037 Listing by Angel Hernandez
Unit for sale at 1115 West 41st Street, Los Angeles, CA 90037

$959,900

  • 3 Beds
  • 2 Baths
  • 2,182 ft²
1115 West 41st Street, Los Angeles, CA 90037 Listing by Natalie Tinoco
Unit for sale at 164 West Vernon Avenue, Los Angeles, CA 90037

$800,000

  • Loft
  • 2,400 ft²
164 West Vernon Avenue, Los Angeles, CA 90037 Listing by Jamial Clark

Nearby Rentals

Unit for rent at 171 47th Pl, Los Angeles, CA, 90037

$1,395 /mo

  • Studio
  • 1 Bath
171 47th Pl, Los Angeles, CA, 90037 Listing by George Morales
Unit for rent at 3915 Brighton Ave, Los Angeles, CA, 90062

$4,650 /mo

  • 3 Beds
  • 2 Baths
  • 1,052 ft²
3915 Brighton Ave, Los Angeles, CA, 90062 Listing by Alper Garan
Unit for rent at 1241 W 37th Place, Los Angeles, CA, 90007

$6,995 /mo

  • 6 Beds
  • 4 Baths
  • 2,775 ft²
1241 W 37th Place, Los Angeles, CA, 90007 Listing by Sanne Lee


Quantcast