862 West 41st Street

Los Angeles, CA 90037

$1,100,000
Price
5
Beds
2,821 Sq. Ft.
$390 / Sq. Ft.
2,821
Sq. Ft.
$390
per Sq. Ft.

Description

Great TRIPLEX INVESTMENT OPPORTUNITY NEAR USC, BMO Stadium, Downtown LA! TWO UNITS are 2 bedrooms / 1 bath each and the other is 1 Bedroom / 1 bath each , LIVE IN ONE and Collect Rents on the others! Perfect opportunity to own Rentals! Don't miss out on this opportunity! Big Upside!Great TRIPLEX INVESTMENT OPPORTUNITY NEAR USC, BMO Stadium, Downtown LA! TWO UNITS are 2 bedrooms / 1 bath each and the other is 1 Bedroom / 1 bath each , LIVE IN ONE and Collect Rents on the others! Perfect opportunity to own Rentals! Don't miss out on this opportunity! Big Upside!
  1. Listed by Edwin Acevedo • DRE #01854178 • Brokerage DRE #02071932 • Century 21 LOTUS • 562-761-9290

Property Details for 862 West 41st Street

Parking Spaces Total
4
Private Pool
No
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2821
Assessor Parcel Number
5019-003-032
Property Attached YN
false

Location

Listing Courtesy of Century 21 LOTUS, Edwin Acevedo, DRE #01854178
Add your commute
LISTING UPDATED: 02/28/2024 10:09 PM

Property Details for 862 West 41st Street

StatusActive
MLS #DW24033892
Days on Market60
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1938
Lot Size0.13 AC / 5,841 SF
CountyLos Angeles County

Location

Listing Courtesy of Century 21 LOTUS, Edwin Acevedo, DRE #01854178
Add your commute

Building Information for 862 West 41st Street

Stories2Residences-Year Built1938Building Size-Lot Size0.13 AC / 5,841 SF

Payment Calculator

$6,581 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$578

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 862 West 41st Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $44,100
  • Net Operating Income: $30,100
Expense Details
  • Operating Expense: $14,000
  • New Taxes Expense: $12,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $1,000
  • Water Sewer Expense: $1,000
  • Total Expenses: $14,000
Tax / Assessment Info
  • Tax Tract Number: 2317
  • Tax Census Tract: 2317.10
  • CFD/Mello-Roos Fee: $456
  • Tax Lot: 56
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Back Yard, Rectangular Lot
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Private
  • Sewer: Public Sewer
  • Water Source: Private
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3

Property History for 862 West 41st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 862 West 41st Street

Taxable ValueLand$400,000Additions$140,000Total$540,000
Tax Record2023$6,933 ($578 / month)
Home Facts
Total Finished SqFt2,821 SqFtAbove Grade Finished SqFt2,821 SqFtLot Size5,839 SqFtStyleTriplexYear Built1938ZoningLAR3CountyLOS ANGELESAPN5019-003-032

Schools near 862 West 41st Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 9
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Menlo Avenue Elementary School
PublicK to 5

Barack Obama Global Preparation Academy
Public6 to 9

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

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862 West 41st Street is a multi-family home for sale in Los Angeles, CA 90037. This property was listed for sale on February 27, 2024 by Century 21 LOTUS, it's currently listed at $1,100,000. It has been on the market for a total of 60 days and was last sold on August 24, 2022. 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. 862 West 41st Street is a 5-bed, 0-bath, 2,821 sqft multi-family home built in 1938.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 LOTUS, Edwin Acevedo, DRE #01854178

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.