2029 W 41st Place, Los Angeles, California 90062, Los Angeles, 90062 - 8 bed, 4 bath
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2029 W 41st Place
Los Angeles, California 90062
ACTIVE
CONDITION: GOOD
8Beds
4Baths
2,047Sq Ft
5,503Lot Size
Property Price
LIST PRICE$929,900
EST. MARKET VALUE
$852,581
9% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $929,900—positioned well above the $852,581 Fair Market Value by -9%. While priced at a premium, the 8-bedroom, 4-bathroom configuration offers exceptional utility for high-yield rental strategies. Featuring a new roof and a Condition Rating of 3, the home provides a stable foundation for immediate occupancy. The expired ADU permit on the garage offers a clear path for value-add development. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, FHA-approved property.
Estimated Market Value
$852,581
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2029 W 41st Place Subject 8 bd · 4 ba · 2,047 sqft · $417 | $929,900* List Price | 8 | 4 | 2,047 | $417 | - |
A 1746 W 38th Place Active 6 bd · 5 ba · 2,488 sqft · $421 · 0.6 mi | $1,048,000 List Price | 6 | 5 | 2,488 | $421 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1912, the property is well-maintained with a new roof and recent cosmetic updates including laminate flooring and fresh paint. The exterior shows pride of ownership and the interior appears move-in ready, though the 8-bedroom configuration is dense for the square footage.
PROSSTRENGTHS & OPPORTUNITIES
- High Income Potential
With 8 bedrooms and 4 bathrooms, this property offers exceptional utility for large families or investors seeking high rental yields in a central Los Angeles location.
- ADU Development Potential
The existing garage features an expired permit for an ADU conversion, providing a clear path for the buyer to add significant value and additional living space.
- FHA Eligibility & Vacancy
The property is FHA approved and will be delivered vacant, simplifying the financing process and allowing for immediate occupancy or renovation without tenant complications.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2047, other record living area = 1942. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 3.
- High Room Density
Fitting 8 bedrooms into approximately 2,047 square feet suggests significantly smaller individual room sizes, which may limit appeal for buyers seeking spacious living areas.
- Century-Old Construction
Originally built in 1912, the home's age may necessitate ongoing maintenance or updates to aging infrastructure, despite recent improvements like the new roof.
About 2029 W 41st Place
Large House on pride of ownership street. 8 bed, 4 bath, all legal. FHA approved. Garage has expired permit for ADU conversion. New Roof. Do Not Disturb. Delivered vacant at close of escrow!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1912
- Lot Size
- 5,503 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,047 | 1,670.836 |
| Lot Size | 5,503 | 6,152.156 |
| Price | $929.9K | $1.34M |
| Price per sq ft | $454 | $807 |
| Built year | 1912 | 1941 |
| HOA | $0 | $238 |
| Days on market | 10 | 56 |
Pricing History
Listed for Sale
Oct 30, 2026
$929,900
Initial Listing
Sold
Jan 20, 2022
$720,000
Public Record