263 West 41st Place
263 West 41st Place
$1,649,000
—
4,368
4,368
$378
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...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.
- Listed by David Tramontano • DRE #01338351 • The Jireh Group
Property Details for 263 West 41st Place
Subdivision Name
Not Applicable
Garage Spaces4.00
ViewNone
Location
LISTING UPDATED: 04/15/2024 04:01 AM
Property Details for 263 West 41st Place
Status | Active |
---|---|
MLS # | P1-17217 |
Days on Market | 19 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Fourplex |
Year Built | 1927 |
Lot Size | 0.15 AC / 6,750 SF |
County | Los Angeles County |
Location
Building Information for 263 West 41st Place
Stories2Residences-Year Built1927Building Size-Lot Size0.15 AC / 6,750 SF
Payment Calculator
$9,880 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 263 West 41st Place
Property History for 263 West 41st Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 263 West 41st Place
Taxable ValueLand$577,587Additions$248,358Total$825,945
Tax Record2023$10,574 ($881 / month)
Home Facts
Total Finished SqFt4,368 SqFtAbove Grade Finished SqFt4,368 SqFtLot Size6,750 SqFtStyleQuadraplexYear Built1927ZoningLARD1.5CountyLOS ANGELESAPN5111-021-016
Schools near 263 West 41st Place
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Ricardo Lizarraga Elementary School PublicK to 5 | ||
William Jefferson Clinton Middle School Public6 to 8 | ||
Thomas Jefferson Senior High School Public9 to 12 | ||
Nava College Preparatory Academy Public9 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.
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