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$1,649,000
14 bed
4 bath
0 Sqft
6,750 Sqft lot

263 W 41st Place, Los Angeles, California 90037

  • Residential Income Property Type
  • 30 Days Time on market
  • 1927 Year Built
Property Description

263 W. 41st Place provides a great opportunity to own a good cash flow 4 unit, 2 story property in South Los Angeles with additional upside on rents and supplemental income (parking/storage). One unit is currently vacant, and one additional unit will be vacant shortly. This two-story, 4- unit investment is comprised of 2 three-bedroom / 1-bathroom units and 2 four-bedroom / 1-bathroom units. Plenty of room for upside rents. The seller will deliver two units vacant. The buyer is purchasing the property with only two units tenant occupied. The actual cap is currently above 7.0% !. The owners have recently renovated one upstairs unit and painted the exterior and made some additional repairs. The property needs some TLC, but the right investor can make this a great cash-flowing asset.

Basic Details
Residential Income
Buy
P1-17217
$1,649,000
14
4
0 Sqft
1927
6,750 Sqft
Active
Quadruplex
Multi-family
Features
: Wall Furnace, Natural Gas
: Urban
2
$0
: Public Sewer
Address
CA
Los Angeles
Los Angeles
90037
263 W 41st Place
263
Place
0
W119° 43' 21''
N34° 0' 30.4''
W
Additional Information
30
1
2
2
0
: Two
1
4
4,368 Sqft
1
0 Sqft
0 Sqft
0.16 Sqft
6,750 Sqft
1
: 2+ Common Walls
0 Sqft
LARD 1.5
5111021016
$0
$0
$0
$0
$0
$0
0 Sqft
1
0 Sqft
$0
1
14/04/2024 10:48:32
$0
: Standard
Cash,CashtoNewLoan,Conventional
South of MLK Blvd. / West of S. Broadway
The Jireh Group
David Tramontano
PF11045
p785896
$0
: Stucco
99
South
: Standard
: Laminate
1
: Streetlevel, Sprinklersnone
50 x 136
Not Applicable
1
1
1
4
4
1
2
4
AdditionsAlterations,RepairsCosmetic
1
10
9105
US-06037-N-5111021016-R-N
Quadruplex
14/04/2024 17:53:39
41st
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