139 E 41st Pl, Los Angeles, California 90011, Los Angeles, 90011 - 0 bed, 0 bath
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Los Angeles, California 90011
This South LA triplex represents a High-Potential Investment Opportunity, listed at a List Price of $569,000—positioned well below the $591,600 Fair Market Value by 3%. This valuation gap offers $22,600 in Instant Equity. With a Condition Rating of 4, the property requires moderate updates to maximize rental yields. Its proximity to USC and the Metro makes it a prime Value-Add Asset. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage the RSO-compliant unit mix.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 139 E 41st Pl Subject | $569,000* List Price | 0 | 0 | 2,320 | $250 | - |
A 115 E 36th Sold | $500,000 | 0 | 0 | 1,771 | $282 | 0.5 mi |
B 146 E 45th Street Sold | $520,000 | 4 | 3 | 2,724 | $191 | 0.4 mi |
C 146 E 45th Street Sold | $520,000 | 0 | 0 | 2,724 | $191 | 0.4 mi |
D 300 E 42nd Place Pending | $649,000 List Price | 0 | 0 | 2,205 | $294 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1913, the property shows signs of partial cosmetic renovations (white shaker cabinets, updated flooring) likely within the 15-30 year range, though some photos are digitally altered. The 'as-is' sale status, use of window AC units instead of central HVAC, and significant cracking/wear in the rear parking area and exterior stairs indicate the property is dated and requires minor to moderate repairs and system updates.
Situated just one mile from USC and the Coliseum, this property is ideally positioned to capture high rental demand from students and professionals, with excellent proximity to Downtown LA and the Metro.
While currently generating $4,450 per month, the unit configurations suggest meaningful rent growth potential upon turnover, making it an attractive value-add opportunity for 1031 exchange buyers.
The combination of a 3BR/2BA, 2BR/1BA, and 1BR/1BA unit allows for a diverse tenant base and provides a perfect setup for an owner-user looking to live in one unit while subsidizing their mortgage.
The property is subject to the Los Angeles Rent Stabilization Ordinance (RSO), which limits annual rent increases and can complicate the process of transitioning units to market-rate rents.
Built in 1913 and sold occupied in as-is condition, the property likely requires significant capital expenditure for modernization and repairs, as evidenced by the use of digitally altered marketing photos.
Three-unit South LA triplex on a single lot, one mile from USC and the Coliseum, listed at $569,000. Unit mix: one 3 BR / 2 BA and one 2 BR / 1 BA unit and 1 Br/ 1 Ba unit. Current rents total $4,450 per month. Comparable rents in the submarket for this unit configuration suggest meaningful upside on turnover. 1913 construction, 2,320 square feet of building area, surface parking at rear via shared driveway. Subject to the Los Angeles Rent Stabilization Ordinance (RSO).A strong fit for value-add investors, 1031 exchange buyers, and eligible owner-users looking to live in one unit and rent the others. Walkable to Metro, minutes to Downtown, Exposition Park, and the broader USC and South Park sports and entertainment corridor.Sold occupied and as-is. Offering memorandum and rent roll available on request. Drive-by only interior access by appointment for qualified buyers. Some photos have been digitally altered
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.3 mi
Grades K-1 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,320 | 2,250 |
| Lot Size | 3,274 | 5,864 |
| Price | $569.0K | $826.7K |
| Price per sq ft | $245 | $395 |
| Built year | 1913 | 1925 |
| HOA | $0 | $0 |
| Days on market | 43 | 83 |
Jun 9, 2026
$569,000
Initial Listing
May 26, 2023
$575,000
Public Record
Nov 18, 2020
$590,000
Public Record
Jun 8, 2016
$472,000
Public Record
Oct 23, 2009
$270,000
Public Record
May 9, 2006
$565,000
Public Record
Jan 22, 2004
$352,500
Public Record
Mar 14, 2003
$250,000
Public Record