550 West 41st Drive Los Angeles, CA $ 950,000
550 West 41st Drive
$ 950,000
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550 West 41st Drive

Los Angeles, CA, 90037
$ 950,000
Bedrooms-- Baths0.0 Sq 3,120

Monthly Estimate*

$ 6,561

550 West 41st Drive, Los Angeles, CA 90037 - Image 1
550 West 41st Drive, Los Angeles, CA 90037 - Image 2
550 West 41st Drive, Los Angeles, CA 90037 - Image 3
550 West 41st Drive, Los Angeles, CA 90037 - Image 4
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Multi-Family Home for sale in Los Angeles, CA

for $950,000. This 3,120 square foot home was built in 1921 on a lot size of 0.16.

An appealing investment in the heart of Los Angeles, this five-unit income property pairs established rental income with a central location in an area of high rental demand near USC and the cultural attractions of Exposition Park. The property consists of a four-unit apartment building at 550 W 41st Dr and a separate single-family residence at 552 W 41st Dr, with all five units situated on one parcel under a single APN (5019-019-022). The property offers approximately 3,120 rentable square feet on a 6,763-square-foot lot with reported LARD1.5 zoning. Low-maintenance landscaping and no on-site laundry contribute to simpler upkeep and lower related expenses. Nearby destinations include the new Lucas Museum of Narrative Art, the Los Angeles Memorial Coliseum, and BMO Stadium, with proximity to venues associated with the Los Angeles 2028 Olympic Games. Convenient access to Metro, Downtown Los Angeles, and major freeways adds to the location's appeal. An attractive consideration for portfolio buyers and investors pursuing a 1031 exchange. Property to be delivered fully occupied with tenants in place.

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Multi-Family Active

Price

$ 950,000

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.16

Year Built

1921

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026989463

Features
General
Living Area 3120
Cooling Wall/Window Unit(s)
Zoning LARD1.5
Security Features Gated Community
Year Built 1921
Tenant Pays Electricity Gas Trash Collection
Levels Two
County Los Angeles
New Construction false
Property Type Residential Income
HOA false
Status Active
City Los Angeles
Senior Community Y/N false
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 6765
Spa Features None
Virtual Tour https://www.themls.com/properties/vt/CA/Los-Angeles/550--W-41st-Dr/Residential-Income/26989463
Standard Status Active
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Interior
Total Stories 2
Air Conditioning Y/N true
Total Baths 0
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Exterior
Parking Features Assigned
Lot Size Area 6765
Building Area Total 3120
Lot Size Acres 0.16
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* Excluded Features
List By
Amber Martinez

Listing Agent

Unknown Office

Broker

Affordability Calculator

$6,561
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,561
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/17/2026$950,000 Listed Price

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550 West 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 0.16. 550 West 41st Drive has 0.0 baths and was built in 1921. The property's zip code is 90037 which is in Los Angeles, CA