263 W 41st Place,

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Home For Sale

263 W. 41st Place provides a great opportunity to own a good cash flow 4 unit, 2 story property in South Los Angeles with additional upside on rents and supplemental income (parking/storage). One unit is currently vacant, and one additional unit will be vacant shortly. This two-story, 4- unit investment is comprised of 2 three-bedroom / 1-bathroom units and 2 four-bedroom / 1-bathroom units. Plenty of room for upside rents. The seller will deliver two units vacant. The buyer is purchasing the property with only two units tenant occupied. The actual cap is currently above 7.0% !. The owners have recently renovated one upstairs unit and painted the exterior and made some additional repairs. The property needs some TLC, but the right investor can make this a great cash-flowing asset.

Property Details

263 W 41st PlaceLot Size: 0.16Bedrooms: 14Price: $1,649,000Zip: 90037
MLS® #: P1-17217Neighborhood: South Los AngelesCommunity: South Los AngelesSchool District: Days on Market: 1Listed By: David Tramontano, The Jireh Group

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Additional Information

  • County:
    Los Angeles
  • Zip:
    90037
  • MLS® #:
    P1-17217
  • Bedrooms:
    14
  • Lot Size:
    0.16
  • Neighborhood:
    LOS ANGELES (90037)
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Listing information last updated on May 5th, 2024 at 8:00am PDT.