869 W 41st St

9
Baths
4,588 Sq. Ft.
$283 / Sq. Ft.
4,588
Sq. Ft.
$283
per Sq. Ft.

Description

The subject property is a nine-unit multifamily apartment complex located in South Central Los Angeles, just minutes from the Coliseum and the USC campus. The unit mix consists of three one-bedroom units and six singles/studios. The building encompasses approximately 4,588 square feet and is situated on a 6,472-square-foot lot. The current scheduled gross monthly income exceeds $10,000 and has substantial potential for rental upside. The property is in good condition relative to the surrounding area...The subject property is a nine-unit multifamily apartment complex located in South Central Los Angeles, just minutes from the Coliseum and the USC campus. The unit mix consists of three one-bedroom units and six singles/studios. The building encompasses approximately 4,588 square feet and is situated on a 6,472-square-foot lot. The current scheduled gross monthly income exceeds $10,000 and has substantial potential for rental upside. The property is in good condition relative to the surrounding area and is ideally positioned for student housing demand driven by its proximity to USC.
  1. Listed by Jerome McAlpin • DRE #00939725 • Brokerage DRE #00939725 • McAlpin & Company

Property Details for 869 West 41st Street

Zoning
LAR3
Parcel Number
5019002002
Total Units
9.0
Living Area
4588
Source Living Area
Vendor Enhanced
Area
Los Angeles Southwest (C34)
Vacancy Rate
1%
Lot Size Area
6472
LISTING UPDATED: 01/30/2026 04:51 PM

Property Details for 869 West 41st Street

StatusActive
MLS #25622777
Days on Market104
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.15 AC / 6,472 SF
CountyLos Angeles County

Location

Listing Courtesy of McAlpin & Company, Jerome McAlpin, DRE #00939725
Add your commute

Building Information for 869 West 41st Street

Stories-Residences-Year Built1963Building Size-Lot Size0.15 AC / 6,472 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$6,795 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,336

Property Taxes

$459

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 869 West 41st Street

Community / Development
Community / Development
  • Number Of Units: 9
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $119,778
  • Net Operating Income: $68,378.00
  • Gross Income: $120,988
  • Cap Rate: 5.26%
  • Gross Rent Multiplier: $10.74
  • Total Annual Expense: 51400
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1486
  • Lot Size Square Feet: 6472
  • Lot Size Dimensions: 50x129
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Carport, Uncovered
  • Total Parking: 0
  • Parking Features: Carport, Uncovered
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall
  • Heating Type: Wall
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-25-2025
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,076.00
  • Unit Actual Rent: $1,076.00
  • Unit Projected Rent: $1,400.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $971.00
  • Unit Actual Rent: $971.00
  • Unit Projected Rent: $1,400.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,395.00
  • Unit Actual Rent: $1,395.00
  • Unit Projected Rent: $1,400.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,297.00
  • Unit Actual Rent: $1,297.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,058.00
  • Unit Actual Rent: $1,058.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $929.00
  • Unit Actual Rent: $929.00
  • Unit Projected Rent: $1,400.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,400.00
  • Unit Actual Rent: $1,400.00
  • Unit Projected Rent: $1,400.00
  • Like Units: 1
Unit 8 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $949.00
  • Unit Actual Rent: $949.00
  • Unit Projected Rent: $1,400.00
  • Like Units: 1
Unit 9 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,008.00
  • Unit Actual Rent: $1,008.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $195,454.00
  • Assessed Improvement Percent: 53.49
  • Assessed Land Value: $169,959.00
  • Assessed Land Percent: 46.51
  • Assessed Total Value: $365,413.00

Property History for 869 West 41st Street

DateEvent & SourcePriceAppreciation
Nov 25, 2025

Listed (Active)

CLAW #25622777

$1,300,000—
Nov 25, 2025

Listed (Active)

CRMLS #25622777

$1,300,000—
DateEvent & SourcePrice
11/25/2025

Listed (Active)

CLAW #25622777

$1,300,000
11/25/2025

Listed (Active)

CRMLS #25622777

$1,300,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 869 West 41st Street

Taxable ValueLand$169,959Additions$197,254Total$367,213
Tax Record2025$5,506 ($459 / month)
Home Facts
Total Finished SqFt4,588 SqFtAbove Grade Finished SqFt4,588 SqFtLot Size6,470 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLAR3CountyLOS ANGELESAPN5019-002-002

Schools near 869 West 41st Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 7
Public - 6 to 11
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Menlo Avenue Elementary School
PublicK to 7

Barack Obama Global Preparation Academy
Public6 to 11

Manual Arts Senior High School
Public9 to 12

USC Hybrid High College Prep
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

869 West 41st Street is a multi-family home for sale in Los Angeles, CA 90037. This property was listed for sale on November 25, 2025 by McAlpin & Company, it's currently listed at $1,300,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Menlo Avenue Elementary School, Barack Obama Global Preparation Academy and Manual Arts Senior High School. 869 West 41st Street is a 3-bed, 9-bath, 4,588 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of McAlpin & Company, Jerome McAlpin, DRE #00939725

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.