1471 E 41 Pl, Los Angeles, California 90011, Los Angeles, 90011 - 5 bed, 2 bath
ACTIVE$880,000
1471 E 41 Pl, Los Angeles, California 90011
5Beds
2Baths
1,100Sqft
4,829Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is a well-maintained duplex, offering an outstanding investment opportunity with the potential for strong rental income or owner-occupancy with supplemental income.
Top Cons:
Age of Construction: Built in 1923, the property's age may imply potential for older infrastructure or components in areas not explicitly upgraded, possibly leading to higher long-term maintenance costs.
Compared to the nearby listings
Price:$880.0K vs avg $672.0K (+$208,000)85%
Size:1,100 sqft vs avg 1,963 sqft12%
Price/sqft:$800 vs avg $34592%
More Insights
Built in 1923 (102 years old).
Condition: Despite being built in 1923, the property has undergone extensive and recent renovations, as evidenced by the description and images. The front unit is explicitly stated to be 'completely updated' with brand new windows and a full electrical rewire. The images showcase a modern kitchen with new stainless steel appliances, white shaker cabinets, light countertops, and subway tile backsplash. Bathrooms are also fully updated with modern vanities, fixtures, and tile. Flooring throughout is new laminate/LVP, and recessed lighting is present. These updates, including major system overhauls, align with the 'extensively renovated within 5 years' criteria for an excellent rating.
Year Built
1923
Close
-
List price
$880K
Original List price
$880K
Price/Sqft
$800
HOA
-
Days on market
-
Sold On
-
MLS number
MB25232806
Home ConditionExcellent
Features
View-
About this home
DUPLEX DUPLEX DUPLEX!!!!! Don’t miss this outstanding investment opportunity in the heart of Los Angeles! This well-maintained duplex features major upgrades and is perfectly positioned just minutes from Downtown LA, USC, the Coliseum, and more. The front unit has been completely updated with brand new windows, a full electrical rewire, and best of all PAID-OFF solar panels for energy efficiency and long-term savings. Currently tenant-occupied, this unit is generating strong rental income, making it a turnkey investment from day one. The property offers versatility for investors or owner-occupants, with the potential to live in one unit and rent out the other. Located in a high-demand rental area with easy access to major freeways, public transit, shopping, and dining.
Nearby schools
4/10
Nevin Avenue Elementary School
Public,•K-5•0.3mi
4/10
Ascot Avenue Elementary School
Public,•K-5•0.4mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.6mi
2/10
Harmony Elementary School
Public,•K-5•0.7mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.7mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.9mi
2/10
Hooper Avenue Elementary School
Public,•1-5•0.9mi
2/10
Holmes Avenue Elementary School
Public,•K-6•1.0mi
5/10
Twentieth Street Elementary School
Public,•K-5•1.0mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•1.0mi
2/10
Aurora Elementary School
Public,•K-5•1.0mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•1.0mi
5/10
Lillian Street Elementary School
Public,•K-6•1.5mi
5/10
Pacific Boulevard School
Public,•K-5•1.8mi
5/10
Estrella Elementary School
Public,•K-5•1.9mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•0.5mi
3/10
George Washington Carver Middle School
Public,•6-8•0.8mi
6/10
Vernon City Elementary School
Public,•K-7•1.0mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.4mi
3/10
Thomas A. Edison Middle School
Public,•6-8•1.8mi
3/10
Henry T. Gage Middle School
Public,•6-8•2.6mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•0.2mi
3/10
Nava College Preparatory Academy
Public,•9-12•0.2mi
5/10
Santee Education Complex
Public,•9-12•1.6mi
4/10
Huntington Park Senior High School
Public,•9-12•2.2mi
3/10
John C. Fremont Senior High School
Public,•9-12•2.9mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•3.0mi
5/10
Felicitas And Gonzalo Mendez High
Public,•9-12•3.0mi
Price History
Date
Event
Price
12/02/24
Sold
$860,000
04/02/24
Sold
$550,000
04/01/24
Sold
$525,000
Condition Rating
Excellent
Despite being built in 1923, the property has undergone extensive and recent renovations, as evidenced by the description and images. The front unit is explicitly stated to be 'completely updated' with brand new windows and a full electrical rewire. The images showcase a modern kitchen with new stainless steel appliances, white shaker cabinets, light countertops, and subway tile backsplash. Bathrooms are also fully updated with modern vanities, fixtures, and tile. Flooring throughout is new laminate/LVP, and recessed lighting is present. These updates, including major system overhauls, align with the 'extensively renovated within 5 years' criteria for an excellent rating.
Pros & Cons
Pros
Income-Generating Duplex: The property is a well-maintained duplex, offering an outstanding investment opportunity with the potential for strong rental income or owner-occupancy with supplemental income.
Recent Major Upgrades: The front unit has undergone significant updates, including brand new windows and a full electrical rewire, reducing immediate maintenance concerns and enhancing appeal.
Paid-Off Solar Panels: The inclusion of paid-off solar panels provides substantial long-term energy efficiency and cost savings, a highly attractive feature for both investors and future occupants.
Prime & High-Demand Location: Strategically located minutes from Downtown LA, USC, and the Coliseum, the property benefits from a high-demand rental area with excellent access to freeways, public transit, shopping, and dining.
Turnkey Investment: With the front unit currently tenant-occupied and generating strong rental income, this property offers a ready-to-go investment from day one.
Cons
Age of Construction: Built in 1923, the property's age may imply potential for older infrastructure or components in areas not explicitly upgraded, possibly leading to higher long-term maintenance costs.
Compact Unit Sizes: With a total of 1100 sqft for 5 beds and 2 baths across two units, individual living spaces are likely compact, which might limit appeal to tenants or owner-occupants seeking more spacious accommodations.
Absence of Cooling System Mention: The property description does not mention a cooling system (e.g., air conditioning), which could be a significant comfort drawback in Los Angeles's climate and may require future investment.