705 W 41st Drive, Los Angeles, California 90037, Los Angeles, 90037 - 0 bed, 0 bath
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Los Angeles, California 90037
This Well-Maintained Residential Income Triplex is listed at $1,300,000, representing a stabilized asset positioned near its $1,159,479 Fair Market Value. The property features a Condition Rating of 3 thanks to extensive capital improvements, including updated kitchens, new plumbing, and a recently replaced roof, which significantly mitigate immediate maintenance risks. Located just two blocks from the Coliseum and BMO Stadium and in close proximity to USC, the asset is primed to capture consistent rental demand. With a rare 6-car gated parking lot, this is a turnkey acquisition for Buy-and-Hold Investors or Portfolio Diversifiers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 705 W 41st Drive Subject | $1,300,000* List Price | 0 | 0 | 3,046 | $381 | - |
A 173 171 W 40th Sold | $1,400,000 | 0 | 0 | 4,123 | $340 | 0.6 mi |
B 1257 W Vernon Active | $1,200,000 List Price | 0 | 0 | 2,854 | $420 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1905, the property is well-maintained with recent updates to all three kitchens, a recently replaced roof, and updated plumbing/water heaters, making it move-in ready and functional for investors.
Situated just two blocks from the Coliseum and BMO Stadium and in close proximity to USC, this property is perfectly positioned to capture high rental demand from students and event-related professionals.
The property boasts significant recent upgrades including updated kitchens, new plumbing, new water heaters, and a recently replaced roof, greatly reducing immediate CapEx requirements for a new owner.
Featuring a rare 6-car parking lot with gated entry, this asset provides a premium amenity that is highly sought after in high-density Los Angeles neighborhoods, enhancing tenant retention and value.
Built in 1905, the property's century-old bones may require specialized maintenance or future seismic retrofitting that modern buildings would not necessitate.
The majority of the assigned public schools in the immediate area have low performance ratings, which may limit the property's appeal to long-term family tenants.
PROPERTY BACK ON THE MARKET FOR THE FIRST TIME IN OVER 20 YEARS! THIS IS A WELL-MAINTAINED TWO-STORY TRIPLEX THAT HAS ONE 3BED /2BATH UNIT ON THE SECOND FLOOR AND TWO 2BED/1BATH UNITS ON THE FIRST FLOOR. ALL THREE UNITS HAVE RECENTLY UPDATED KITCHENS, RECENTLY UPDATED PLUMBING THROUGHOUT (INCLUDING NEW WATER HEATERS FOR ALL UNITS) AND A ROOF THAT WAS ALSO RECENTLY REPLACED. PROPERTY ALSO HAS A 6-CAR PARKING LOT IN THE BACK AREA ACCESSIBLE BY A GATED ENTRYWAY IN THE FRONT OF THE PROPERTY. THERE IS ALSO A COVERED AREA WITH WASHER/DRYER HOOKUP. IT IS TWO BLOCKS FROM THE COLISEUM AND BMO STADIUM; IT IS ALSO IN CLOSE PROXIMITY TO THE 110 FWY AND USC. THIS IS A GREAT OPPORTUNITY FOR A POTENTIAL INVESTOR LOOKING TO EXPAND THEIR INCOME-PRODUCING PORTFOLIO!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,046 | 2,064.5 | 81% |
| Lot Size | 5,400 | 5,388.5 | 50% |
| Price | $1.30M | $725.0K | 88% |
| Price per sq ft | $427 | $352 | 75% |
| Built year | 1905 | 1924 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 151 | 6% |
May 5, 2026
$1,300,000
Initial Listing
Jan 17, 2002
$280,000
Public Record
Nov 2, 2001
$175,000
Public Record
Nov 23, 1998
$265,000
Public Record