550 W 41st Dr

Los Angeles, CA 90037
  • $950,000

    Price
  • 5

    Bed
  • 5

    Bath
  • 3,120

    SqFt
  • 0.16

    Acre

About the Listing CLW-X7173804 - CLW-C118027

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.

Listing Highlights for 550 W 41st Dr

Status Active
Days on Site 28
Property Type Multi-Family
MLS ® 26989463
Year Built 1921
Total Square Footage 3,120
Lot/Acreage 0.16

Interior Details

  • Bedrooms: 5
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond: Wall/Window Unit(s)
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 5
  • Zoning: LARD1.5
  • Roof:
  • Others: 2+ Total Units
  • Sewer:
  • Parking Features: Assigned

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5019019022
  • Tax Year: N/A

Payment Calculator

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Listing Location

Questions About..

550 W 41st Dr Los Angeles, CA 90037

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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