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

Los Angeles, CA, 90037
$ 1,499,995
Bedrooms11 Baths2.0 Sq 3,609

Monthly Estimate*

$ 9,358

Listed by Keller Williams Beverly Hills
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Multi-Family Home for sale in Los Angeles, CA

for $1,499,995 with 11 bedrooms and 2 full baths. This 3,609 square foot home was built in 1955 on a lot size of 0.155.

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

11

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.155

Year Built

1955

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25616017

Days on Market

37

Features
General
Living Area 3609
Heating Wall Furnace
Cooling Dual
Appliances Dishwasher Microwave Refrigerator
Zoning LARD1.5
Security Features Carbon Monoxide Detector(s)
Year Built 1955
Levels Multi/Split
Gross Income 163896
County Los Angeles
Net Operating Income 127430
New Construction 0
Property Type Residential Income
HOA 0
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Between Broadway and Main on 41st PLACE NOT the STREET
City Los Angeles
Senior Community Y/N 0
Number Of Units Total 6
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 6750
Standard Status Active
Cap Rate 8.5
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Interior
Total Stories 2
Air Conditioning Y/N 1
Heating Y/N 1
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 11
Total Baths 7
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Exterior
Total Parking 0
Lot Size Area 6750
Number of Buildings 2
Building Area Total 3609
Lot Size Acres 0.155
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* Excluded Features
List By
Keller Williams Beverly Hills

Broker

solamany@Gmail.com

Email

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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,499,995 Listed Price

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251 W 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 0.155. 251 W 41st Place has 11 bedrooms, 2.0 baths, and was built in 1955. The property's zip code is 90037 which is in Los Angeles, CA