620 W 41st
Los Angeles, CA, 90037 $ 1,699,000
Baths1.0 Sq 3,872 Monthly Estimate*
$ 10,728
Listed by ABM Realty Group
Studio for $1,699,000 with 1 full bath. This 3,872 square foot home was built in 1924 on a lot size of 0.155.
**Seller Says Sell! Price Reduced – Exceptional Investment Opportunity Near USC & Downtown Los Angeles** Don't miss this outstanding opportunity to own a well-located triplex in one of Los Angeles' most desirable investment corridors. Ideally situated just minutes from Downtown Los Angeles and within walking distance of USC, the Los Angeles Memorial Coliseum, BMO Stadium, Exposition Park, the George Lucas Museum, and the Metro E (Expo) Line, this property offers exceptional convenience for tenants and long-term appreciation potential. The property is currently tenant-occupied with stable, below-market rents, providing immediate income with future upside. The spacious backyard presents an excellent opportunity to add an ADU (buyer to verify), creating additional rental income and increasing the property's overall value. Commuters will appreciate the easy access to the 10, 105, and 110 Freeways, placing Downtown LA, LAX, Inglewood, Long Beach, Crypto.com Arena, Dodger Stadium, Intuit Dome, SoFi Stadium, Hollywood Park Casino, and countless employment and entertainment destinations within easy reach. Whether your clients are expanding their investment portfolio or seeking a value-add opportunity in a rapidly developing neighborhood, this triplex offers location, income, and tremendous upside. Seller is highly motivated and has reduced the price—don't miss this opportunity!
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FeaturesGeneralSewer Public Sewer
Garage Spaces 0
Pool Features None
Year Built 1924
Stories Count 2
Levels Two
Property Subtype Triplex
Gross Income 70740
Community Features Curbs
County Los Angeles
Net Operating Income 42888
Operating Expense 27852
Insurance Expense 3612
New Construction false
Property Type Residential Income
Garage Y/N false
Special Listing Conditions Standard Trust
Status Active
Directions E of Vermont West of Figueroa North of Vernon and South of MLK Bl.
City Los Angeles
Entry Location Front
Senior Community Y/N false
Open Parking Spaces 3
Number Of Units Total 3
MLS Area C37 - Metropolitan South
Lot Size Units Square Feet
Lot Size Square Feet 6752
Listing Terms Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 2160
Water Sewer Expense 3240
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 39
Property Sub Type Additional Triplex
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InteriorTotal Stories 2
Common Walls 1 Common Wall
Laundry Features Washer Hookup Inside
Entry Level 1
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ExteriorLot Features Back Yard
Water Source Public
Total Parking 3
Lot Size Area 6752
Number of Buildings 1
Building Area Total 3872
Lot Size Acres 0.155
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded FeaturesList Bylance@abmrealtygroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $10,728
- Monthly Property Taxes
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- Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,854,601
Percent of Sale Price 9%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/6/2026 | $1,699,000 | | Listed Price |