550 W 41st Drive Los Angeles, CA ^$ 950,000

550 W 41st Drive

^$ 950,000

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Recently Listed

550 W 41st Drive

Los Angeles, CA, 90037

^$ 950,000

Bedrooms6 Baths1.0 Sq 3,120

Monthly Estimate*

^$ 5,998

Listed by Amber Martinez, Rodeo Realty- Brentwood, amberestates@rodeore.com

550 W 41st Drive, Los Angeles, CA 90037 - Image 1

Multi-Family Home for sale in Los Angeles, CA

for $950,000 with 6 bedrooms and 1 full bath. This 3,120 square foot home was built in 1921 on a lot size of 0.1553.

Excellent 5-unit multifamily opportunity in Los Angeles. Fully occupied and generating established rental income in a high-demand rental area, this property offers an appealing opportunity for investors, portfolio buyers, and those seeking a multifamily asset in a central Los Angeles location. The property features low-maintenance landscaping and no on-site laundry, helping simplify ongoing upkeep. Conveniently located near USC, Exposition Park, BMO Stadium, the Los Angeles Memorial Coliseum, the Natural History Museum, the California Science Center, and the new Lucas Museum of Narrative Art, with easy access to Metro transit, Downtown Los Angeles, major freeways, shopping, dining, and entertainment. Ideally positioned near major venues for the upcoming Los Angeles 2028 Olympic Games. The property offers approximately 3,120 rentable square feet on an approximately 6,763-square-foot RD1.5 lot and will be delivered fully occupied.

Multi-Family Active

Price

^$ 950,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1553

Year Built

1921

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26989463

Days on Market

Features

General

Living Area 3120

Cooling Wall/Window Unit(s)

Possession Close Of Escrow

Zoning LARD1.5

Security Features Gated Community

Year Built 1921

Tenant Pays Electricity Gas Trash Collection

Stories Count 2

Levels Two

Gross Income 86923

Community Features Gated

County Los Angeles

Net Operating Income 65726

New Construction false

Property Type Residential Income

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions 110 Freeway exit Martin Luther King Jr. Blvd. Head west on MLK Jr. Blvd toward W 41st Dr.

City Los Angeles

Senior Community Y/N false

Number Of Units Total 5

MLS Area C42 - Downtown L.A.

Lot Size Units Square Feet

Lot Size Square Feet 6765

Rent Control Y/N true

Standard Status Active

Occupancy Type Tenant

Interior

Total Stories 2

Air Conditioning Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Laundry Features None

Total Bedrooms 6

Total Baths 5

Exterior

Parking Features Assigned

Total Parking 5

Lot Size Area 6765

Number of Buildings 1

Building Area Total 3120

Lot Size Acres 0.1553

Number of Separate Water Meters 1

Number of Separate Gas Meters 5

Number of Separate Electric Meters 5

* Excluded Features

List By

Amber Martinez

Listing Agent

Rodeo Realty- Brentwood

Broker

amberestates@rodeore.com

Affordability Calculator

$5,998

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Monthly Principal & Interest: $5,998
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

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.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,869,393

Percent of Sale Price 97%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

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Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
9/17/2026	$950,000		Listed Price

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550 W 41st Drive, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $950,000 with 3,120 sqft and a lot size of 0.1553. 550 W 41st Drive has 6 bedrooms, 1.0 baths, and was built in 1921. The property's zip code is 90037 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 9/18/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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550 W 41st Drive

Multi-Family Home for sale in Los Angeles, CA

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