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251 W 41st Place

Los Angeles (City), CA 90037
  • $1,499,995
  • STATUS: Active
  • ON SITE: 116 Days
  • ID#: 25616017
UPDATED: 72 min ago
$1,499,995
  • 11
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,609
    SQFT
  • $416
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

Listing Agent(s): Meran Solamany of Keller Williams Beverly Hills (310-432-6400) and Farhoud Bastanfar of Keller Williams Encino/Sherman Oaks(818-475-3575)


Description

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.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-09T19:32:03.493. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/169856191
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251 W 41st Place Los Angeles (City), CA 90037

  • Price: $1,499,995
  • Status: Active
  • On Site: 116 Days
  • Updated: 72 min ago
  • ID#: 25616017
11
Beds
0
Baths
0
½ Baths
0.16
Acres
3,609
SQFT
$416
$/SQFT
1955
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
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.
Exterior Features

Parking Total 0

Interior Features

Appliances DishwasherMicrowaveRefrigerator Cooling Dual Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 8.5 Gross Income 163896 Levels Multi/Split Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 127430 New Construction YN No Security Features Carbon Monoxide Detector(s) Senior Community YN No Special Listing Conditions Standard Vacancy Allowance 1639 Vacancy Allowance Rate 1 Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-09T19:32:03.493. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Meran Solamany of Keller Williams Beverly Hills (310-432-6400) and Farhoud Bastanfar of Keller Williams Encino/Sherman Oaks(818-475-3575)