Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$950,000

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • Updated 6 days ago
See This Home
Save This Home
See This Home
Save This Home
Excellent five-unit residential income property situated on one parcel, consisting of a four-unit apartment building addressed as 550 W 41st Dr and a separate single-family residence addressed as 552 W 41st Dr. Both addresses are associated with APN 5019-019-022. Fully occupied and generating established rental income in a high-demand rental area, the property presents an appealing opportunity for investors, portfolio buyers, 1031 exchange buyers, and others seeking a well-located income-producing asset in Los Angeles. The property offers approximately 3,120 rentable square feet on an approximately 6,763-square-foot lot, with low-maintenance landscaping and no on-site laundry helping simplify ongoing upkeep. Centrally located near USC, Exposition Park, BMO Stadium, the Los Angeles Memorial Coliseum, the Natural History Museum, the California Science Center, and the new Lucas Museum of Narrative Art, with convenient access to Metro transit, Downtown Los Angeles, major freeways, shopping, dining, and entertainment. Ideally positioned near major venues associated with the upcoming Los Angeles 2028 Olympic Games. Property to be delivered fully occupied.

Full Property Details for 550 W 41st Dr

General

  • Price: $950,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26989463
  • Updated: 9/19/2026
  • Added to Site: 9 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 5

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: None

Additional Information

  • Security/Safety: Gated
  • Other Features: None

Parking

  • Garage Description: Assigned

Location

  • Area: Downtown L.A.
  • County: Los Angeles
  • Driving Directions: 110 Freeway, exit Martin Luther King Jr. Blvd. Head west on MLK Jr. Blvd toward W 41st Dr.

Heating & Cooling

  • Cooling Type: Ceiling Fan, Wall/Window
  • Heating Type: Wall Gas

Utilities

  • # Water Meters: 1
  • # Gas Meters: 5
  • # Electric Meters: 5

Structural Information

  • # Buildings: 1
  • Stories/Levels: 2
  • Square Feet: 3,120
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1921
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 5
  • Unit Type: 2106, 2107, 2108, 2109, 2110

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.1553
  • Lot Size: 6765
  • Lot Size Source: Vendor Enhanced
  • Zoning: LARD1.5

Financial Considerations

  • Price Per Sq. Ft.: $304.49
  • Assessment Year: 1921
  • Owner Pays: Gardener, Water
  • Tenant Pays: Trash Collection, Electricity, Gas

Disclosures and Reports

  • Disclosures/Reports: As Is
  • APN: 5019-019-022

Listed by Rodeo Realty- Brentwood, Amber Martinez

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 550 W 41st Dr —

  • Amber Martinez

    Rodeo Realty- Brentwood

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 550 W 41st Dr

School District:Los Angeles Unified School District
NameGradesDistance
Menlo Avenue Elementary School
4156 Menlo Avenue, Los Angeles, CA 90037
K-50.3 mi
Barack Obama Global Preparation Academy
1700 West 46th Street, Los Angeles, CA 90062
6-81.5 mi
Manual Arts Senior High School
4131 South Vermont Avenue, Los Angeles, CA 90037
9-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 550 W 41st Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/17/2026
Listed
$950,000
103.21%
MLS
12/19/2014
Sold
$467,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 550 W 41st Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,639
—
$573,099
2%
2025
$7,639
1%
$561,862
2%
2024
$7,536
2%
$550,846
2%
2023
$7,408
10%
$540,046
2%
2022
$6,755
1%
$529,457
2%
2021
$6,658
-1%
$519,077
1%
2020
$6,720
4%
$513,755
2%
2019
$6,469
2%
$503,682
2%
2018
$6,319
2%
$493,807
2%
2017
$6,189
3%
$484,125
2%
2016
$6,023
63%
$474,633
70%
2015
$3,699
-1%
$279,563
2%
2014
$3,739
—
$274,088
—
2013
$3,733
—
$272,850
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 550 W 41st Dr

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Rodeo Realty- Brentwood, Amber Martinez

Similar Properties near 550 W 41st Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

731 S Boyle Ave, Los Angeles, CA 90023 - Photo 1
$949,000

731 S Boyle Ave  Los Angeles, CA 90023

  • Multi-Family
  • Active
  • 6
    Total Beds
547 N St Louis St, Los Angeles, CA 90033 - Photo 1
$974,000

547 N St Louis St  Los Angeles, CA 90033

  • Multi-Family
  • Active
  • Updated 13 days ago
  • 6
    Total Beds
3109 S Catalina St, Los Angeles, CA 90007 - Photo 1
$910,000

3109 S Catalina St  Los Angeles, CA 90007

  • Multi-Family
  • Active
  • 5
    Total Beds
3110 Raymond Ave, Los Angeles, CA 90007 - Photo 1
$980,000

3110 Raymond Ave  Los Angeles, CA 90007

  • Multi-Family
  • Active
  • 5
    Total Beds

Just Listed near 550 W 41st Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

233 N Burlington Ave, Echo Park, CA 90026 - Photo 1 Just Listed
$1,385,000
Open House

233 N Burlington Ave  Echo Park, CA 90026

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 5
    Total Baths
  • 2,064
    Sq. Ft.
2513 Mallard, El Sereno, CA 90032 - Photo 1 Just Listed
$99,000

2513 Mallard  El Sereno, CA 90032

  • Lots/Land
  • Active
  • Updated 3 days ago
  • 0.0826
    Acres
7102 Hood Ave, Huntington Park, CA 90255 - Photo 1 Just Listed
$1,250,000

7102 Hood Ave  Huntington Park, CA 90255

  • Multi-Family
  • Active
  • Updated 15 hours ago
  • 11
    Total Beds
3529 Broadway St, Huntington Park, CA 90255 - Photo 1 Just Listed
$399,900
Open House

3529 Broadway St  Huntington Park, CA 90255

  • Single Family
  • Active
  • Updated 1 day ago
  • 1
    Bed
  • 1
    Total Bath
  • 620
    Sq. Ft.

Price Reduced near 550 W 41st Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

5500 S Santa Fe, Vernon, CA 90058 - Photo 1 Price Reduced
-$40,000 (-2.14%)
$1,825,000

5500 S Santa Fe  Vernon, CA 90058

  • Industrial
  • Active
  • Updated 2 days ago
  • 6,550
    Sq. Ft.
  • 0.2257
    Acres
6431 Rugby Ave, Huntington Park, CA 90255 - Photo 1 Price Reduced
-$9,001 (-1.5%)
$589,999

6431 Rugby Ave  #E  Huntington Park, CA 90255

  • Condo
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,165
    Sq. Ft.
Listed by Filipina Opena (CalRE#: 01416445) (562) 547-1182
6100 Arbutus Ave, Huntington Park, CA 90255 - Photo 1 Price Reduced
-$5,000 (-0.85%)
$585,000

6100 Arbutus Ave  #42  Huntington Park, CA 90255

  • Condo
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,243
    Sq. Ft.
2554 E Gage Ave, Huntington Park, CA 90255 - Photo 1 Price Reduced
-$20,000 (-25%)
$60,000

2554 E Gage Ave  Huntington Park, CA 90255

  • Business
  • Active
  • Updated 3 days ago

Recent Sales near 550 W 41st Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

869 W 41st St, Los Angeles, CA 90037 - Photo 1 Sold
$1,080,000

869 W 41st St  Los Angeles, CA 90037

  • Multi-Family
  • Closed
  • 3
    Total Beds
910 W 40th Pl, Los Angeles, CA 90037 - Photo 1 Sold
$980,000

910 W 40th Pl  Los Angeles, CA 90037

  • Multi-Family
  • Closed
227 W 41st St, Los Angeles, CA 90037 - Photo 1 Sold
$1,060,000

227 W 41st St  Los Angeles, CA 90037

  • Single Family
  • Closed
  • 5
    Beds
  • 5
    Total Baths
  • 2,342
    Sq. Ft.
858 W 43rd Pl, Los Angeles, CA 90037 - Photo 1 Sold
$1,000,000

858 W 43rd Pl  Los Angeles, CA 90037

  • Multi-Family
  • Closed
  • 8
    Total Beds

550 W 41st Dr, Los Angeles, CA 90037 (MLS# 26989463) is a Multi-Family property with units containing 6 bedrooms and 0 full bathrooms. 550 W 41st Dr is currently listed for $950,000 and was received on September 17, 2026. Want to learn more about 550 W 41st Dr? 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.

Tour this property