1545 E 41st, Los Angeles, California 90011, Los Angeles, 90011 - 4 bed, 3 bath
ACTIVE UNDER CONTRACT$850,000$1,974/sqft
1545 E 41st, Los Angeles, California 90011
4Beds
3Baths
1,974Sqft
5,463Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Income Potential: The duplex configuration with two independent units (3 beds/2 baths each) offers excellent rental income opportunities or owner-occupancy with supplemental income.
Top Cons:
Property Age & Potential for Deferred Maintenance: Built in 1922, the property may require significant updates to systems (plumbing, electrical, HVAC) and general modernization, which could lead to substantial capital expenditures.
Compared to the nearby listings
Price:$850.0K vs avg $699.0K (+$151,000)79%
Size:1,974 sqft vs avg 2,076 sqft41%
Price/sqft:$431 vs avg $34079%
More Insights
Built in 1922 (104 years old).
Condition: Built in 1922, this property has received recent cosmetic updates, including newer stainless steel appliances and white shaker-style cabinets in both kitchens, and one bathroom features modern marble-look tiling and a new vanity. However, other bathrooms show older styles, and the property primarily uses wall-mounted heaters, indicating a lack of central heating/cooling. While move-in ready with fresh paint and updated flooring (tile and laminate), the underlying age of the structure suggests that major systems (plumbing, electrical, HVAC) may be outdated and could require significant investment in the near future, aligning with the 'Fair' condition criteria.
Year Built
1922
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$431
HOA
-
Days on market
-
Sold On
-
MLS number
WS25243969
Home ConditionFair
Features
Deck
Patio
View-
About this home
Welcome to 1545 E 41st Place, a rare duplex-style property offering exceptional versatility and income potential in the heart of Los Angeles. This unique opportunity features two separate units, each with its own private entrance.The front unit offers 3 bedrooms and 2 bathrooms, showcasing bright, open living spaces ideal for families. The rear unit includes 3 bedrooms and 2 bathroom, perfect for extended family, guests, or rental income. The property is fully gated, provides ample parking, and sits in a prime central location near Ross Snyder Recreation Center, Jefferson High School, and convenient freeway access to Downtown Los Angeles and surrounding communities.Whether you choose to live in one and rent the other or rent both for strong cash flow, this property delivers exceptional value in a rapidly growing neighborhood. Don’t miss this versatile investment opportunity!
A
Amy Hernandez
Listing Agent
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•0.7mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.8mi
2/10
Harmony Elementary School
Public,•K-5•0.8mi
2/10
Hooper Avenue Elementary School
Public,•1-5•0.9mi
2/10
Holmes Avenue Elementary School
Public,•K-6•0.9mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.9mi
5/10
Twentieth Street Elementary School
Public,•K-5•1.0mi
2/10
Aurora Elementary School
Public,•K-5•1.1mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•1.1mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•1.1mi
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•0.6mi
3/10
George Washington Carver Middle School
Public,•6-8•0.9mi
6/10
Vernon City Elementary School
Public,•K-7•0.9mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.5mi
3/10
Thomas A. Edison Middle School
Public,•6-8•1.8mi
3/10
Henry T. Gage Middle School
Public,•6-8•2.5mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•0.3mi
3/10
Nava College Preparatory Academy
Public,•9-12•0.3mi
5/10
Santee Education Complex
Public,•9-12•1.7mi
4/10
Huntington Park Senior High School
Public,•9-12•2.1mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•2.9mi
3/10
John C. Fremont Senior High School
Public,•9-12•2.9mi
5/10
Felicitas And Gonzalo Mendez High
Public,•9-12•3.0mi
Condition Rating
Fair
Built in 1922, this property has received recent cosmetic updates, including newer stainless steel appliances and white shaker-style cabinets in both kitchens, and one bathroom features modern marble-look tiling and a new vanity. However, other bathrooms show older styles, and the property primarily uses wall-mounted heaters, indicating a lack of central heating/cooling. While move-in ready with fresh paint and updated flooring (tile and laminate), the underlying age of the structure suggests that major systems (plumbing, electrical, HVAC) may be outdated and could require significant investment in the near future, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Strong Income Potential: The duplex configuration with two independent units (3 beds/2 baths each) offers excellent rental income opportunities or owner-occupancy with supplemental income.
Prime Central Location: Situated in a central Los Angeles location with convenient freeway access to Downtown LA and proximity to local amenities like Ross Snyder Recreation Center and Jefferson High School.
Enhanced Security & Privacy: The property is fully gated, providing an added layer of security and privacy for residents.
Ample Parking: The availability of ample parking is a significant advantage in a dense urban environment like Los Angeles.
Neighborhood Growth Potential: Located in a 'rapidly growing neighborhood,' suggesting potential for property value appreciation and sustained rental demand.
Cons
Property Age & Potential for Deferred Maintenance: Built in 1922, the property may require significant updates to systems (plumbing, electrical, HVAC) and general modernization, which could lead to substantial capital expenditures.
Discrepancy in Unit Details: The listing description states 3 beds/2 baths per unit (total 6 beds/4 baths), while the structured data indicates 4 beds/3 baths total. This inconsistency requires clarification and could impact valuation and rental projections.
Lack of Modern Amenities/Updates: The description does not highlight any recent major renovations or modern amenities, implying that interior finishes and systems might be dated, potentially requiring investment to attract premium tenants or buyers.