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Sold for $1,100,000 on 07/08/25
  • $1,100,000

    194 W 41st Pl, Los Angeles, CA 90037

    12beds
    12baths
    6,240sqft
    Multi Family
    Built in 1924
    -- sqft lot
    $-- Zestimate®
    $176/sqft
    $1,837 Estimated rent

    What's special

    +OFFER DEADLINE THURSDAY 6/19 12 noon+ This 12-unit multifamily property offers a strong cash return with significant upside potential for the savvy investor. Cap rate 9%. Located just over 1 mile from USC and 1 mile from BMO Stadium, the building sits in a prime rental corridor with steady demand. The unit mix consists of studio and 1-bedroom units, currently occupied by long-term, stable tenants, providing reliable income. While the property does have deferred maintenance, it presents an ideal opportunity for a cash investor with vision to reposition and maximize returns. Zoned RD1.5-1, located in TOC Tier 3 and TOIA Tier 2, the site offers potential for future development or redevelopment in a rapidly evolving neighborhood. Interior electrical panels indicate Siemen brand. ***Drive by Only, do not disturb tenants, please write an offer subject to interior inspection. ***Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition, development potential, bedroom/bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on his/her/their own findings. Trust sale.

    Zillow last checked: 7 hours ago

    Listing updated: July 09, 2025 at 01:36am

    Listed by:

    Pila Jessie DRE # 01324968 310-428-7750,

    KHORR Realty 424-512-2883

    Bought with:

    Yvonne Regis, DRE # 01817942

    Khorr Realty

    Source: CLAW,MLS#: 25549987MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 12
    Heating
    • Wall
    Cooling
    • None
    Appliances
    • Included: Refrigerator, Range/Oven, Washer
    Interior area
    • Total structure area: 6,240
    • Total interior livable area: 6,240 sqft

    Property

    Parking
    • Parking features: Private
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,743 sqft
    Details
    • Additional structures: None
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1924

    Community & neighborhood

    Location
    • Region: Los Angeles
    Services availability
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