620 W 41st, Los Angeles, CA 90037
- $1,699,000
- List Price
- $1,699,000
- Status
- ACTIVE
- MLS#
- SR26171755
- Year Built
- 1924
- Lot Size
- 6,752
- Acres
- 0.16
- Lot Location
- Back Yard
- Days on Market
- 0
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- Two Levels
Property Description
**Seller Says Sell! Price Reduced – Exceptional Investment Opportunity Near USC & Downtown Los Angeles** Don't miss this outstanding opportunity to own a well-located triplex in one of Los Angeles' most desirable investment corridors. Ideally situated just minutes from Downtown Los Angeles and within walking distance of USC, the Los Angeles Memorial Coliseum, BMO Stadium, Exposition Park, the George Lucas Museum, and the Metro E (Expo) Line, this property offers exceptional convenience for tenants and long-term appreciation potential. The property is currently tenant-occupied with stable, below-market rents, providing immediate income with future upside. The spacious backyard presents an excellent opportunity to add an ADU (buyer to verify), creating additional rental income and increasing the property's overall value. Commuters will appreciate the easy access to the 10, 105, and 110 Freeways, placing Downtown LA, LAX, Inglewood, Long Beach, Crypto.com Arena, Dodger Stadium, Intuit Dome, SoFi Stadium, Hollywood Park Casino, and countless employment and entertainment destinations within easy reach. Whether your clients are expanding their investment portfolio or seeking a value-add opportunity in a rapidly developing neighborhood, this triplex offers location, income, and tremendous upside. Seller is highly motivated and has reduced the price—don't miss this opportunity!
Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $70,740
- Operating Expense
- 27852
Listing courtesy of Listing Agent: Lanclot Maxwell (lance@abmrealtygroup.com) from Listing Office: ABM Realty Group.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.