550 W 41st DR, Los Angeles, CA 90037
550 W 41st DR, Los Angeles, CA 90037
550 W 41st DR, Los Angeles, CA 90037
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$950,000
Est. payment /mo
6 Beds
5 Baths
3,120 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,120 sqft

Price per Sqft $304

MLS Listing ID 26989463

Bedrooms 6

HOA Y/N No

Year Built 1921

Lot Size 6,764 Sqft

Property Description

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. Drive by only.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LARD1.5

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Laundry None

Exterior

Parking Features Assigned

Community Features Gated

Total Parking Spaces 5

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5019019022

Security Features Gated Community

Special Listing Condition Standard

Virtual Tour https://www.themls.com/properties/vt/CA/Los-Angeles/550--W-41st-Dr/Residential-Income/26989463

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Listed by Amber Martinez Rodeo Realty- Brentwood #01961174

Nearby Locations

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Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA 93036, USA

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550 W 41st DR

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