512 W 41st Place, Los Angeles, California 90037, Los Angeles, 90037 - 4 bed, 2 bath
512 W 41st Place
Los Angeles, California 90037
Property Price
SUMMARY
Analysis of 512 W 41st Place, Los Angeles, California 90037 reveals a Prime Investment Opportunity with a current list price of $799,000—significantly undercutting the $824,100 Fair Market Value by 3%. This valuation gap indicates a +$25,100 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 512 W 41st Place Subject | $799,000* List Price | 4 | 2 | 1,938 | $425 | - |
A 3941 Wisconsin Pending | $616,000 List Price | 2 | 2 | 1,354 | $455 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1923, the property has undergone an extensive recent renovation, qualifying it for an excellent rating. The upgrades include a completely remodeled kitchen with modern cabinetry and countertops, renovated bathrooms, and significant infrastructure improvements such as copper plumbing, new dual-pane windows, and fresh exterior stucco. The interior features contemporary finishes and the home is presented in turnkey, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Modern Upgrades
The property features significant capital improvements including copper plumbing, dual-pane windows, and a fully remodeled kitchen, offering a move-in-ready experience with reduced immediate maintenance costs.
- Strategic Central Location
Situated minutes from USC, BMO Stadium, and major freeways (110, 10, 105), the home is ideally positioned for high rental demand and convenient access to Downtown Los Angeles.
- Versatile Living Configuration
With five spacious bedrooms and three bathrooms, the layout provides exceptional flexibility for large families, multi-generational living, or high-density investment opportunities.
CONSRISKS & DEFICIENCIES
- Underperforming Local Schools
The assigned public schools carry low performance ratings, ranging from 1 to 3, which may deter families prioritizing high-quality educational districts.
- Limited Outdoor Space
The 3,400 square foot lot is relatively small for a nearly 2,000 square foot home, leaving minimal yard space for recreation, gardening, or private outdoor entertaining.
About 512 W 41st Place
Welcome to 512 W 41st Place a beautifully remodeled 5-bedroom, 3-bathroom home offering the perfect blend of modern upgrades, space, and prime central location. This move-in-ready property has been thoughtfully improved throughout, featuring copper plumbing, fresh re-stucco exterior, upgraded dual-pane windows, and stylish interior finishes that provide both comfort and long-term value. The recently remodeled kitchen showcases updated cabinetry, sleek countertops, and modern fixtures, making it ideal for everyday living and entertaining. Downstairs bathroom has been tastefully renovated, offering contemporary design and functionality. With five spacious bedrooms, this home provides flexibility for large families, multi generational living, or those seeking extra workspace. Located in the heart of Los Angeles, the property is just minutes from some of the city’s most iconic destinations, including BMO Stadium, the University of Southern California (USC), the California Science Center, and Exposition Park. Enjoy convenient access to Downtown Los Angeles, museums, dining, entertainment, and vibrant cultural attractions. Commuters will appreciate the close proximity to the 110, 10, and 105 freeways, providing seamless connectivity across Los Angeles and surrounding areas. Whether you're looking for a primary residence or a strong long-term investment in a high-demand rental market, this turnkey home delivers location, upgrades, and versatility. Don’t miss this exceptional opportunity to own a fully upgraded home in a rapidly growing Los Angeles neighborhood.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 3,400 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
West Vernon Avenue Elementary School
Grades K-5 • 0.3 mi
Menlo Avenue Elementary School
Grades K-5 • 0.4 mi
Marguerite Poindexter Lamotte Elementary
Grades K-5 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,938 | 1,384 | 72% |
| Lot Size | 3,400 | 5,443 | 3% |
| Price | $799.0K | $655.0K | 79% |
| Price per sq ft | $412 | $464 | 34% |
| Built year | 1923 | 1912 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 171 | 3% |
Pricing History
Listed for Sale
Feb 12, 2026
$799,000
Initial Listing
Sold
Mar 27, 2006
$465,000
Public Record
Sold
Feb 20, 2004
$289,000
Public Record