700 W 41st Street, Los Angeles, CA, 90037

  • $875,000
  • $875,000
700 W 41st Street , Los Angeles, CA 90037
Active For Sale
700 W 41st Street , Los Angeles, CA 90037
  • $875,000
  • $875,000

Description

This property can delivered vacant or with the tenants your CHOICE! 700 W 41st Street is walking distance to USC and exposition park, situated less than 1 mile from USC, minutes away from Downtown L.A., Banc of California Stadium, stores, restaurants, attractions, and much more. This is a great opportunity for investors and developers as the ZONING is LARD1.5(Per title), MULTI LEVEL UNITS HAVE BEEN BUILT ACROSS THE STREET AND AROUND THE AREA. Conveniently located near the 110 Freeway and walking distance to Exposition Park / USC Metro Station offering tenants a public transportation option. This neighborhood is currently undergoing gentrification and this opportunity offers an investor the possibility to capitalize on significant potential upside. This well maintained building is currently a two story duplex which can be turned into an apartment building and has the space to Build an ADU. This property offers an investor or developer, a great opportunity for massive and sustainable rental income or to simply renovate, build, and then sell for 7 figures, yielding a 6-figure and potentially a multi 6-figure profit. This property is also a great opportunity for a first time buyer/investor to live in one of the units and rent out the others while building on the property to further increase the rental income, allowing you to build that generational wealth and passive income that you’ve always wanted. If you’re looking for a great financial investment then you will want to seriously consider this amazing real estate investment opportunity. This property appraised for 895k in June, this property is well priced, appraisal report can be provided upon request.

  • Address 700 W 41st Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90037

Details

Updated on January 25, 2023 at 11:30 am
  • Property ID: 23231805
  • Price: $875,000
  • Land Area: 0.1240 Acres
  • Year Built: 1927
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • Interior Features: Ceiling Fan(s)
  • Appliances: Dishwasher,Microwave,Refrigerator
  • Style: Victorian
  • Heating: Central
  • Cooling: None
  • Zone: LARD1.5
  • Parking: Driveway Down Slope From Street,Gated
  • Days On Market: 13
  • Flooring: Carpet
  • LotSize SquareFeet: 5401.00

Features

Listed by

KW Advisors
Agent Name : Mark King
Agent State License : 02139777

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