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187 W 41st Pl
Los Angeles, CA 90037
Multifamily Property For Sale · 7 Units

INVESTMENT HIGHLIGHTS

  • Massive 7 Unit Apartment in the quickly growing submarket of South Los Angeles
  • The subject currently operates at a 6.51% CAP and 10.78 GRM
  • Newly constructed 2-Bed/2-Bath unit highlights an excellent unit mix of (2) 1-Bed/1-Bath, (1) 2-Bed/2-Bath, and (4) 3-Bed/1-Bath units
  • 3 Units being delivered vacant, the buyer can choose their own tenants
  • Most units have been remodeled and tenant ready
  • Minutes from USC, Downtown LA, and new nearby developments

PROPERTY FACTS

No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 6,558 SF
No. Stories 2
Year Built 1924
Zoning LARD1.5 - Two-Family Residence

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Washer/Dryer

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 2 - -
2+2 1 - -
3+1 4 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5111-020-013
Land Assessment
$689,785
Improvements Assessment
$795,906
Total Assessment
$1,485,691
  • Listing ID: 28556251

  • Date on Market: 5/23/2023

  • Last Updated:

  • Address: 187 W 41st Pl, Los Angeles, CA 90037

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