620 W 41st, Los Angeles, California 90037, Los Angeles, 90037 - bed, bath
620 W 41st
Los Angeles, California 90037
Property Price
SUMMARY
Analysis of 620 W 41st, Los Angeles, California 90037 is currently available with a list price of $1,725,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1924, features recent cosmetic updates in the visible units, including modern wood-look flooring, fresh paint, recessed lighting, and a clean, updated bathroom with subway tile and a basic vanity. These updates make the visible spaces move-in ready. However, the presence of a wall-mounted heater indicates a lack of central air conditioning, and the property's significant age (1924) suggests that major systems (electrical, plumbing, and HVAC) are likely outdated and will require substantial investment, as also noted in the property analysis. The absence of kitchen images prevents a full assessment of a key area. While cosmetically refreshed, the property's underlying infrastructure and age place it in the 'Fair' category, as major components are functional but show signs of being outdated and will require significant capital investment to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating Triplex
The property is a triplex with existing tenants, providing immediate multiple income streams and reducing vacancy risk for an investor.
- Strategic Location
Centrally located near Downtown LA, USC, major entertainment venues (Coliseum, BMO Stadium, Lucas Museum), public transit (Expo Line), and key freeways (10, 105, 110), offering high demand for rentals.
- ADU Development Potential
Ample backyard space allows for the addition of an Accessory Dwelling Unit (ADU), significantly increasing potential rental income and property value.
CONSRISKS & DEFICIENCIES
- Property Age & Condition
Built in 1924, the property likely requires significant capital investment for updates to systems (plumbing, electrical) and general modernization, which is not detailed in the description.
- Below-Market Rents (Potential)
The phrase 'Tenants are in place with reasonable rents' may imply current rents are not maximized, potentially limiting immediate cash flow upside for a new owner, especially under LA's tenant protection laws.
- Unspecified Renovation Needs
The description lacks information on recent upgrades or the current condition, suggesting a buyer should anticipate substantial renovation costs to bring the property to modern standards or maximize rental income.
About 620 W 41st
VERY MOTIVATED SELLER SAID “REDUCE”! Excellent investment opportunity located minutes away from Downtown Los Angeles. This triplex is centrally located and within walking distance to USC, the Coliseum, BMO Stadium, George Lucas Museum, Exposition Park and Expo Line Train Station. Easy access to 10, 105, and 110 freeways with quick access to Downtown LA, Inglewood, LAX, Long Beach, Crypto.com Arena, Dodgers Stadium, Intuit Dome, SoFi Stadium, The Forum and Hollywood Park Casino. Tenants are in place with reasonable rents. There is plenty space in back yard to add an ADU. Must see to appreciate.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1924
- Lot Size
- 6,752 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Menlo Avenue Elementary School
Grades K-5 • 0.3 mi
West Vernon Avenue Elementary School
Grades K-5 • 0.3 mi
Marguerite Poindexter Lamotte Elementary
Grades K-5 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,872 | 2,496 | 70% |
| Lot Size | 6,752 | 5,451.5 | 90% |
| Price | $1.73M | $945.0K | 95% |
| Price per sq ft | $446 | $324 | 70% |
| Built year | 1924 | 1923 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 109 | 260 | 10% |
Pricing History
Listed for Sale
Nov 17, 2025
$1,725,000
Initial Listing
Sold
Apr 7, 2022
$1,465,000
Public Record
Sold
Jan 28, 2020
$1,350,000
Public Record
Sold
Jan 18, 2019
$635,000
Public Record