873 W 41st Drive, Los Angeles, CA 90037
- $1,499,000
- Sold Price
- $1,499,000
- List Price
- $1,460,000
- Closing Date
- Oct 27, 2025
- Status
- CLOSED
- MLS#
- PW25176666
- Year Built
- 1920
- Lot Size
- 6,450
- Acres
- 0.15
- Lot Location
- Corner Lot, Rectangular Lot
- Days on Market
- 16
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
Exceptional 4-unit multifamily investment on a prominent corner lot in the heart of Los Angeles, directly across from Menlo Avenue Elementary School. The property features a brand-new roof (2025) and two meticulously remodelled and vacant 3-bedroom/2-bath units with all updated electrical and plumbing, ideal for immediate lease-up or owner occupancy. Two additional (and also remodelled) 3-bedroom/1.5-bath units are tenant-occupied near market rent, with RUBS provisions in place to pass through ALL utility costs. The 4,176 sq ft building sits on a 6,450 sq ft lot and offers over eight off-street parking spaces. Recent upgrades, including plumbing and electrical upgrades, the new roof and completed termite clearance, make this a TURNKEY asset. Located minutes from BMO Stadium, Exposition Park, the LA Coliseum, USC, public transportation, shops, and restaurants, this property combines strong current income with clear rental upside in a high-demand Los Angeles location.
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Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $164,910
- Operating Expense
- 26877
- Levels
- Two
- Parking Spaces
- 8
Listing courtesy of Listing Agent: Matias Stofenmacher (ms@edgestonere.com) from Listing Office: Edgestone Real Estate, Inc..
Listing sold by Fransisco Vizcarra from The Real Brokerage, Inc.
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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.