5 months on rocket

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

$1,025,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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914 W 41st St, Los Angeles$1,025,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingAssigned
Year Built1913
MLS #SR24108780
Lot Size0.13 Acres
StatusActive

About 914 W 41st St

Vinco Vinco Realty Group (VVRG) is pleased to present 914 W 41st Street, an exceptional two-story fourplex investment opportunity with significant value-add potential. Ideally located in the heart of Exposition Park, this property features four flexible one-bedroom, one-bathroom units, each with strategic dens that can be utilized as additional bedrooms, allowing for rental as two-bedroom units. The property generates approximately $6,489 per month, yielding a CAP rate of over 5.14%. With a total building area of 2,724 square feet on a 5,463 square foot lot, the property provides ample parking for tenants in a high-demand area. Additionally, buyers can take advantage of state bills to develop Accessory Dwelling Units (ADUs), further enhancing the property's potential. Located amidst the bustling hubs of downtown Los Angeles and the vibrant USC/Exposition Park neighborhood, our property offers unparalleled proximity to major employers and key employment centers such as Los Angeles International Airport and West LA. Just a stone's throw away is the iconic Exposition Park, home to an array of entertainment options including Rose Garden, the Science Center, the African American History Museum, the LA Memorial Coliseum, and the BMO Stadium. Additionally, the highly anticipated $1B George Lucas Museum is set to open next summer. With convenient access to major freeways including I-10, I-110, US-101, and I-5, as well as a variety of public transportation options, residents enjoy seamless connectivity to destinations across Los Angeles and beyond.

Property Details

Property Features

Property Information:

  • Year Built: 1913
  • Stories: 2

Listing Office:

  • Office Name: Vinco Vinco Realty & Investments Inc
  • Office Phone: (323) 481-8517
  • Listing Agent: Christopher Martinez Diaz

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Other

Directions Information:

  • Directions: Exit King Blvd and Head West

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,025,000

Tax Information:

  • Annual Amount: $5,512
  • 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

914 W 41st St vs Los Angeles

176 DAYS ON ROCKET

+138 Days

$1,025,000

+$1.5K More

KEY TAKEAWAY

This property is $1.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24108780

Listing Office:

  • Office Name: Vinco Vinco Realty & Investments Inc
  • Office Phone: (323) 481-8517
  • Listing Agent: Christopher Martinez Diaz

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: 11/22/2024, 1:20:51 AM 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 29, 2011Home Sold
$271,000
Dec 29, 2006Home Sold
$615,000
Jan 27, 2003Home Sold
$265,000
Dec 18, 1998Home Sold
$273,000
Sep 05, 1996Home Sold
$111,000
Feb 12, 1993Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,512$430,346
2020$5,354$425,934
2019$5,253$417,584
2018$5,146$409,397
2017$5,146$401,371

History based on county public records data.

Payment Calculator

$5,183

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,140

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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-487298
5
/10

  • Menlo Avenue Elementary

  • 4156 Menlo Ave

  • 0.09 miles

  • Public District Grades KG-5

school-card-donut-487299
3
/10

  • Marguerite Poindexter LaMotte Elementary School

  • 4410 Orchard Ave

  • 0.43 miles

  • Public District Grades KG-5

school-card-donut-487300
6
/10

  • Global Education Academy

  • 4141 S Figueroa St

  • 0.44 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,716. Residents of Los Angeles, CA typically earn between $35k-100k each year. Typical family type is single, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90037›914 W 41st St

This home is located at 914 W 41st St in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This home, which was built in 1913, sits on a 0.13 acre lot. It has been listed on Rocket Homes since May 29, 2024 and is currently priced at $1,025,000.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.

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

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