Jason Mitchell Real Estate CA
Listed by Jason Mitchell Real Estate CA
$569,000
139 E 41st Pl
Details
APN 5113028022
Property Type Multifamily
Sub Type Apartment Building
Units 3
Cap Rate 5.58%
Buildings 3
Acreage 0.075
Zoning Assessor
Multifamily | 5.58% CAP | 3 Units
Marketing description
Three-unit South LA triplex on a single lot, one mile from USC and the Coliseum, listed at $569,000. Unit mix: one 3 BR / 2 BA and one 2 BR / 1 BA unit and 1 Br/ 1 Ba unit. The three bedroom unit was remodeled when the seller purchased. Current rents total $4,450 per month. Comparable rents in the submarket for this unit configuration suggest meaningful upside on turnover. 1913 construction, 2,320 square feet of building area, surface parking at rear via shared driveway. Subject to the Los Angeles Rent Stabilization Ordinance (RSO).A strong fit for value-add investors, 1031 exchange buyers, and eligible owner-users looking to live in one unit and rent the others. Walkable to Metro, minutes to Downtown, Exposition Park, and the broader USC and South Park sports and entertainment corridor.Sold occupied and as-is. Offering memorandum and rent roll available on request. Drive-by only interior access by appointment for qualified buyers
Listing Contacts
Jason Mitchell Real Estate CA
Listed by Jason Mitchell Real Estate CA
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?


