725 W 41st, Los Angeles, CA 90037

$1,599,999

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List Price
$1,599,999
Status
ACTIVE
MLS#
OC26113592
Year Built
1928
Lot Size
5,402
Acres
0.12
Lot Location
2-5 Units/Acre
Days on Market
56
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

BOWEN AND CHAMBERLINS ROYAL TRACT LOT 25 - Excellent investment opportunity in a strong rental market near USC, Exposition Park, Downtown Los Angeles, and major transportation corridors. Four-unit income property with upside rental potential and long-term appreciation opportunity. Property subject to Los Angeles Rent Stabilization Ordinance (RSO). Centrally located in a high-demand rental area with proximity to shopping, dining, entertainment, and employment centers. Buyer to verify all income, expenses, permits, zoning, unit count, and rent control regulations.

Additional Information

Pool Description
None
Garage Spaces Total
4
Sewer
Public Sewer, Sewer Tap Paid
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$110,856
Operating Expense
2400

Listing courtesy of Listing Agent: Tonya Wilson (tonyawillcloseit@gmail.com) from Listing Office: Word of Mouth Real Estate Inc.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.