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605 W 41st Street

Los Angeles (City), CA 90037
  • $995,000
  • STATUS: Active Under Contract
  • ON SITE: 23 Days
  • ID#: 25620475
Under Contract
UPDATED: 138 min ago
$995,000
  • 4
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,828
    SQFT
  • $260
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1921
County:

School Ratings & Info

Listing Agent(s): Jonathan Nikfarjam of Shield CRE, Inc. (310-593-9869)


Description

Fourplex Located a Half-Mile from USC's Campus and 2 Blocks from BMO Stadium & L.A. Memorial Coliseum | Outstanding Owner-User Opportunity - Renovated 1-Bedroom Unit Delivered Vacant with Washer and Dryer | Located Just a Few Blocks from Exposition Park, USC Village, Lucas Museum of Narrative Arts, BMO Stadium, Natural History Museum and California Science Center | 5.53% Current Cap Rate & 12.41 Current GRM | 7.05% Pro-Forma Cap Rate & 10.39 Pro-Forma GRM | Large 6,751-SF Lot | Desirable Opportunity to Add ADUs at Rear Parking Area | Tenants Pay All Trash, Electricity and Gas Expenses | Four Garages | Close Proximity to Expo Park/USC Transit Line and Downtown Los Angeles | Qualifies for Attractive Residential Financing

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. 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 | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/170064779
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605 W 41st Street Los Angeles (City), CA 90037

  • Price: $995,000
  • Status: Active Under Contract
  • On Site: 23 Days
  • Updated: 138 min ago
  • ID#: 25620475
4
Beds
0
Baths
0
½ Baths
0.16
Acres
3,828
SQFT
$260
$/SQFT
1921
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
Fourplex Located a Half-Mile from USC's Campus and 2 Blocks from BMO Stadium & L.A. Memorial Coliseum | Outstanding Owner-User Opportunity - Renovated 1-Bedroom Unit Delivered Vacant with Washer and Dryer | Located Just a Few Blocks from Exposition Park, USC Village, Lucas Museum of Narrative Arts, BMO Stadium, Natural History Museum and California Science Center | 5.53% Current Cap Rate & 12.41 Current GRM | 7.05% Pro-Forma Cap Rate & 10.39 Pro-Forma GRM | Large 6,751-SF Lot | Desirable Opportunity to Add ADUs at Rear Parking Area | Tenants Pay All Trash, Electricity and Gas Expenses | Four Garages | Close Proximity to Expo Park/USC Transit Line and Downtown Los Angeles | Qualifies for Attractive Residential Financing
Exterior Features

Number Of Separate Electric Meters 4 Parking Features Garage Parking Total 4 Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Association YN No Cap Rate 5.53 Garage YN Yes Gross Income 80160 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 54975 New Construction YN No Number Of Separate Gas Meters 4 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance 2404 Vacancy Allowance Rate 3 Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. 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 | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Jonathan Nikfarjam of Shield CRE, Inc. (310-593-9869)