Millman Team Real Estate

$1,499,995
11 Bed
7 Bath
3,609 Sqft
0.16 Acre Lot

251 W 41st Place, Los Angeles, California 90037

  • Residential Income Property Type
  • 3,609 Sqft Square Footage
  • 1955 Year Built
Property Description

Exceptional Income Property Prime Location Near Exposition Park & USC! This high-performing investment gem offers impressive income potential with a strong cap rate exceeding 8.5%. Fully upgraded from top to bottom, the property boasts a new electrical panel, upgraded plumbing, fresh exterior paint, and a fully inspected roof ensuring durability and minimal maintenance for years to come. Inside, every unit has been beautifully remodeled with modern finishes, updated electrical and plumbing systems, sleek kitchens, stylish bathrooms, and new flooring throughout, making this a true turnkey opportunity. With units occupied, investors can enjoy immediate, steady cash flow and strong long-term returns. Featuring a desirable unit mix of six, one 3-bedroom unit, four 2-bedroom units, and one single unit(ADU), this property appeals to a wide range of tenants and offers excellent rent diversification. Its prime location near major employers, schools, shopping, and transportation hubs drives consistent demand and high occupancy. Whether you’re a seasoned investor or expanding your portfolio, this is a rare opportunity to own a low-maintenance, high-yield asset in one of LA’s most desirable growth areas. Don’t miss out on properties like this, they move fast! Please see attached OM.

Basic Details
Residential Income
For Sale
25616017
$1,499,995
11
7
3,609 Sqft
1955
0.16 Acre
Active
Features
: Wall Furnace
: Dual
$0
Appliances
: Dishwasher, Microwave, Refrigerator
Address Map
CA
Los Angeles
Los Angeles
90037
41st
251
Place
Between Broadway and Main on 41st PLACE , NOT the STREET
C42 - Downtown L.A.
W
LARD1.5
Additional Information
$0
$0
$0
$0
$0
3609
: Multi/Split
6
2025-11-11
2
Broker/Agent Information
Keller Williams Beverly Hills
Meran Solamany
Listing Information
Farhoud Bastanfar
CLW-C106342
CLW-X83365
Keller Williams Encino/Sherman Oaks
CLW-X93364
CLW-X74054
Active
2025-11-19T08:17:15Z
CRMLS
: Standard
2025-11-11T00:00:00Z
Agent info
Ray Millman
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