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358 W 41st St, Los Angeles, CA 90037

$849,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 7 days ago
358 W 41st St, Los Angeles, CA 90037View this property at 358 W 41st St, Los Angeles, CA 90037
358 W 41st StLos AngelesCA90037
Property Description
The owner of this beautiful 4-Unit apartment building on 41st Street and Broadway has operated a very clean building and has already added value to two of the four units. The seller has completed considerable renovations to both units #1 and #4 with upgrades totaling $26,000 for each unit. Those upgrades include laminate flooring throughout, granite counter tops, brand new cabinets and stainless-steel appliances. Units #2 and #3 still offer an investor the ability to add value, and later bring rents to market. With a roof that does not need to be replaced, copper plumbing throughout, brand new windows for the entire property - a new investor has the opportunity to concentrate their capital expenditure on units #2 and #3 where an increase
in rents can be achieved.

Full Property Details for 358 W 41st St

General

  • Price: $849,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 18-365050
  • Updated: 8/9/2018
  • Added: 34 day(s) ago

Interior

  • Interior Features: Other

Parking

  • Parking Features: Gated
  • Parking: Gated

Location

  • Area: Downtown L.A. (C42)
  • County: Los Angeles
  • Development Name: Downtown L.A. (C42)
  • Driving Directions: Take S. Broadway to 41st St.

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Other

Structural Information

  • # Buildings: 1
  • Square Feet: 3,484
  • Year Built: 1964

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 2
  • Bedrooms: 2

Lot Features

  • Lot Size (Sq. Ft.): 5,202
  • Lot Size Source: Vendor Enhanced
  • Zoning: LARD2

Financial Considerations

  • Price Per Sq. Ft.: $243.69

Disclosures and Reports

  • Legal Disclosures: Take Property As Is, Rent Control

Listed by Matthews Real Estate Investment Services, David Harrington - CA DRE: 01320460

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Schools

Schools serving 358 W 41st St

Score
Name
Grades
Distance
5
4312 S Grand Ave, Los Angeles, CA 90037
K-5
0.3 mi
1
3500 S Hill St, Los Angeles, CA 90007
6-8
0.6 mi
3
1319 E 41st St, Los Angeles, CA 90011
9-12
1.7 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 358 W 41st St Get Price Alerts

Date
Details
Price
Change
Source
8/09/2018
Price Reduced
$849,000
-8.22%
MLS
7/13/2018
Listed
$925,000
42.31%
MLS
9/12/2017
Sold
$650,000
Public Record
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 358 W 41st St

Listed by Matthews Real Estate Investment Services, David Harrington - CA DRE: 01320460

358 W 41st St, Los Angeles, CA 90037 (MLS# 18-365050) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 358 W 41st St is currently listed for $849,000 and was received on July 13, 2018. Want to learn more about 358 W 41st St? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.