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862 W 41st St, Los Angeles, CA, 90037

$1,099,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Baths
2,821 SqFt
$390/SqFt
House

Location

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862 W 41st St, Los Angeles$1,099,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDriveway, Private, One Space, Shared Driveway
Attached Garage4 spaces
Year Built1938
HeatingWall Furnace
CoolingNone
MLS #24463855
Lot Size0.13 Acres
StatusActive

About 862 W 41st St

Attention INVESTORS! Presenting a fantastic opportunity with this fully move-in-ready triplex, perfectly positioned for rental income potential. This property features two spacious 2-bedroom, 1-bath units, both vacant and ready for immediate occupancy. The third unit is a cozy 1-bedroom, 1-bath, currently tenant-occupied, providing a steady income stream. The exterior has been beautifully updated, boasting fresh paint, refurbished detailing, and new vinyl double-paned windows for energy efficiency. Additionally, the property includes a four-car garage with one-car spaces, plus a long driveway and ample extra parking space. Located in a highly desirable area, just minutes from BMO Stadium, the Coliseum, Natural History Museum, USC, and easy access to the 110 freeway. The property is also near LAUSD schools, shopping centers, car dealerships, and only 7 minutes from Downtown Los Angeles. Don't miss this prime investment opportunity in one of LA's most vibrant neighborhoods!

Property Details

Property Features

Property Information:

  • Year Built: 1938
  • Stories: 2
  • Living Area: 2,821 SqFt

Listing Office:

  • Office Name: Realty ONE Group United
  • Office Phone: (310) 948-0404
  • Listing Agent: Michelle Navarrete Vargas

Interior Features

Interior Information:

  • Flooring Type: Carpet, Wood

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Private, One Space, Shared Driveway

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Situated just two blocks south of the Coliseum, at the intersection of Martin Luther King Jr. & Menlo Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,099,000
  • Price Per SqFt: $390/SqFt

Tax Information:

  • Annual Amount: $7,316
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

862 W 41st St vs Los Angeles

1 DAY ON ROCKET

-37 Days

$1,099,000

+$75.5K More

$390/SqFt

-$251 Less

KEY TAKEAWAY

This property is $75.5K more than the Median Sold Price and $251/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24463855

Listing Office:

  • Office Name: Realty ONE Group United
  • Office Phone: (310) 948-0404
  • Listing Agent: Michelle Navarrete Vargas

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 11:55:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 07, 2004Home Sold
$455,000
Mar 18, 1999Home Sold
$225,000
Mar 27, 1990Home Sold
$190,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,316$585,920
2020$7,102$579,913
2019$7,008$568,543
2018$6,862$557,396
2017$6,862$546,468

History based on county public records data.

Payment Calculator

$5,553

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,361

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1025429
5
/10

  • Menlo Avenue Elementary

  • 4156 Menlo Ave

  • 0.08 miles

  • Public District Grades KG-5

school-card-donut-1025430
6
/10

  • Global Education Academy

  • 4141 S Figueroa St

  • 0.37 miles

  • Public Charter Grades KG-6

school-card-donut-1025431
3
/10

  • Marguerite Poindexter LaMotte Elementary School

  • 4410 Orchard Ave

  • 0.42 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,470. Most Los Angeles, CA residents have annual incomes less than $35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 862 W 41st St

What is the listing price of this property?

The listing price of 862 W 41st St property is $1,099,000.

What type of property is this?

The property 862 W 41st St is a house located in Los Angeles, California, 90037.

Is this property for sale now?

Active Listing: 862 W 41st St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,316 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 7, 2004 for $455,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 862 W 41st St has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 862 W 41st St is 2,821 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 862 W 41st St is 1938.

Rocket Homes›California›Los Angeles County›Los Angeles›90037›862 W 41st St

This home is located at 862 W 41st St in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This 2,821 square foot home, which was built in 1938, sits on a 0.13 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 23, 2024 and is currently priced at $1,099,000.

In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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