194 W 41st PL, Los Angeles, CA 90037
194 W 41st PL, Los Angeles, CA 90037
194 W 41st PL, Los Angeles, CA 90037
194 W 41st PL, Los Angeles, CA 90037
194 W 41st PL, Los Angeles, CA 90037
194 W 41st PL, Los Angeles, CA 90037
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Shantrece Thomas

Shantrece Thomas

+1(904) 760-6560
$ 999,999
Est. payment | /mo

12 Beds

12 Baths

6,240 SqFt

Save
$ 999,999
Est. payment | /mo
Save

12 Beds

12 Baths

6,240 SqFt

Key Details

Property Type Other Types

Listing Status Active

Purchase Type For Sale

Square Footage 6,240 sqft

Price per Sqft $160

MLS Listing ID 25549987

Bedrooms 12

HOA Y/N No

Year Built 1924

Lot Size 6,743 Sqft

Property Description

+OFFER DEADLINE THURSDAY 6/19 12 noon+ This 12-unit multifamily property offers a strong cash return with significant upside potential for the savvy investor. Cap rate 9%. Located just over 1 mile from USC and 1 mile from BMO Stadium, the building sits in a prime rental corridor with steady demand. The unit mix consists of studio and 1-bedroom units, currently occupied by long-term, stable tenants, providing reliable income. While the property does have deferred maintenance, it presents an ideal opportunity for a cash investor with vision to reposition and maximize returns. Zoned RD1.5-1, located in TOC Tier 3 and TOIA Tier 2, the site offers potential for future development or redevelopment in a rapidly evolving neighborhood. Interior electrical panels indicate Siemen brand. ***Drive by Only, do not disturb tenants, please write an offer subject to interior inspection. ***Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition, development potential, bedroom/bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on his/her/their own findings. Trust sale.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LARD1.5

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Refrigerator, Washer

Exterior

Parking Features Private

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5111018012

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Pila Jessie • KHORR Realty

NEARBY SCHOOLS & PROPERTIES

Shantrece Thomas

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(904) 760-6560

shantrecethomas@gmail.com

200 W FORSYTH STREET SUITE 1605, Jacksonville, Florida 32202, United States

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194 W 41st PL