251 West 41st Place Los Angeles, CA $ 1,499,995
251 West 41st Place
$ 1,499,995
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251 West 41st Place

Los Angeles, CA, 90037
$ 1,499,995
Baths0.0 Sq 3,609

Monthly Estimate*

$ 9,358

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,499,995. This 3,609 square foot home was built in 1955 on a lot size of 0.16.

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.

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Multi-Family Active

Price

$ 1,499,995

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.16

Year Built

1955

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025616017

Features
General
Living Area 3609.0
Heating Wall Furnace
Cooling Dual
Zoning LARD1.5
Security Features Carbon Monoxide Detector(s)
Year Built 1955
Levels Multi/Split
County Los Angeles
Net Operating Income 127430.0
New Construction No
Property Type C
HOA No
Status Active
City Los Angeles
Senior Community Y/N No
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 6750.0
Standard Status Active
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Interior
Kitchen Appliances Dishwasher Refrigerator Microwave
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Total Baths 0
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Exterior
Lot Size Area 6750.0
Pool Y/N? Yes
Building Area Total 3609.0
Lot Size Acres 0.16
Land Lease Type Fee
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* Excluded Features
List By
Meran Solamany

Listing Agent

Keller Williams Beverly Hills

Broker

Affordability Calculator

$9,358
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,358
Monthly Property Taxes
--
Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/12/2025$1,499,995 Listed Price

Map


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251 West 41st Place, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $1,499,995 with 3,609 sqft and a lot size of 0.16. 251 West 41st Place is a studio with 0.0 baths and was built in 1955. The property's zip code is 90037 which is in Los Angeles, CA