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1320 E 41st Place , #3

Los Angeles (City), CA 90011
  • $712,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: 25503741
$712,000
  • 4
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,758
    SQFT
  • $405
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1921
County:

School Ratings & Info

Listing Agent(s): Young Soo So of High Equity Real Estate Service, Inc. (310-528-5240)


Description

Charming Spanish-style triplex in the heart of Central-Alameda, offering an excellent investment opportunity. This well-maintained property features two units in the front and a separate unit in the back, providing a versatile layout. The back unit is in updated condition, adding extra appeal. The spacious lot includes assigned parking and alley access, ensuring convenience for tenants.Property is sold as-is. While the profile reflects 4 bedrooms and 3 bathrooms, the property is currently being used as a 5-bedroom, 3-bath layout.The property is easy to manage, with separate gas and electric meters, while the landlord covers water expenses. Conveniently located near public transportation, local shops, and major freeways, making it highly desirable for tenants. Tenants are paying on time. Do not walk on the property. Showings are subject to an accepted offer. Buyer to verify all details. Contact the listing agent for more information.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-17T00:25:52.877. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/161098692
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1320 E 41st Place , #3 Los Angeles (City), CA 90011

  • Price: $712,000
  • Status: Active
  • On Site: 12 Days
  • ID#: 25503741
4
Beds
0
Baths
0
½ Baths
0.13
Acres
1,758
SQFT
$405
$/SQFT
1921
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
Charming Spanish-style triplex in the heart of Central-Alameda, offering an excellent investment opportunity. This well-maintained property features two units in the front and a separate unit in the back, providing a versatile layout. The back unit is in updated condition, adding extra appeal. The spacious lot includes assigned parking and alley access, ensuring convenience for tenants.Property is sold as-is. While the profile reflects 4 bedrooms and 3 bathrooms, the property is currently being used as a 5-bedroom, 3-bath layout.The property is easy to manage, with separate gas and electric meters, while the landlord covers water expenses. Conveniently located near public transportation, local shops, and major freeways, making it highly desirable for tenants. Tenants are paying on time. Do not walk on the property. Showings are subject to an accepted offer. Buyer to verify all details. Contact the listing agent for more information.
Exterior Features

Architectural Style Spanish Carport Spaces 0 Construction Materials Stucco Direction Faces East Entry Location Living Room Lot Features Back YardFront Yard Number Of Separate Electric Meters 3 Other Structures Shed(s) Parking Features Assigned Parking Total 5 Patio And Porch Features None Pool Features See Remarks View City Lights View YN Yes

Interior Features

Accessibility Features None Cooling None Cooling YN No Fireplace Features BathGasKitchenLiving Room Fireplace YN Yes Flooring Laminate Heating Wall Furnace Heating YN Yes Window Features Screens

Property Features

Additional Parcels YN No Association YN No Cap Rate 5.5 Garage YN No Gross Income 52748 Gross Scheduled Income 59000 Levels One Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 28560 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Possession Close Of Escrow Property Condition Repairs Cosmetic Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Tenant Pays Cable TVElectricityGas Vacancy Allowance Rate 0 Zoning LAR2



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-17T00:25:52.877. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Young Soo So of High Equity Real Estate Service, Inc. (310-528-5240)