
Los Angeles, California 90037
This Dual-Unit Income Property represents a High-Potential Investment Opportunity with a List Price of $699,999—positioned well below the $821,918 Fair Market Value by 14%. This valuation gap provides $121,919 in Instant Equity. Featuring two separate dwellings in Good Condition, the asset includes updated copper plumbing, modernized electrical, and a newer roof. Its proximity to USC and the Lucas Museum ensures consistent rental demand. This is a strategic acquisition for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 711 W 41st Street Subject | $699,999* List Price | 6 | 3 | 1,958 | $358 | - |
A 730 W 49th Place Sold | $665,000 | 4 | 2 | 1,764 | $377 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, fitting the 'Good' criteria. Although built in 1925, major systems including plumbing, electrical, and the roof were upgraded in 2012 (13 years ago), and the exterior was freshly painted in 2025. Interior images show updated kitchens with granite countertops and stainless steel appliances, modern laminate flooring, and clean, functional bathrooms. The property shows minimal wear and tear and does not require immediate renovation.
Featuring two separate dwellings on a single lot, this property is ideal for house-hacking or investment, offering a proven rental track record and the flexibility to deliver the rear unit vacant.
Situated near USC, the upcoming Lucas Museum, and a Metro station, the property sits in a high-demand area for students and professionals, ensuring long-term desirability and appreciation.
Significant capital improvements including copper plumbing, modernized electrical, a newer roof, and fresh 2025 exterior paint provide peace of mind and reduced near-term maintenance costs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
The property is currently tenant-occupied, which may require navigating Los Angeles rent stabilization ordinances and limits immediate flexibility for full owner-occupancy.
While some elementary schools are moderately rated, the local middle and high schools have lower performance scores, which could impact appeal for families prioritizing public education.
Well-kept income property featuring two separate dwellings on a single lot, with a proven rental track recordperfect for an owner-occupant who wants to live in one unit and rent the other, an investor, or an extended/multi-generation household. The front home includes 4 bedrooms and 2 bathrooms; the rear unit is currently used as 2 bedrooms and 1 bathroom. Major systems were upgraded in 2012, with new copper plumbing, modernized electrical, and a newer roof. Fresh exterior paint in 2025 enhances curb appeal and helps protect long-term maintenance. The property is tenant-occupied with reliable renters currently in place. Ideally situated close to the upcoming Lucas Museum of Narrative Art, California Science Center, Natural History Museum of Los Angeles County, California African American Museum, Exposition Park Rose Garden, USC Fisher Museum of Art, USC, and a nearby Metro subway station. The back unit may be delivered vacant at closing.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 97% |
| Baths | 3.0 | 2.0 | 88% |
| Square foot | 1,958 | 1,300.5 | 75% |
| Lot Size | 5,403 | 5,366.5 | 53% |
| Price | $700.0K | $652.5K | 63% |
| Price per sq ft | $358 | $475 | 16% |
| Built year | 1925 | 1911 | 91% |
| HOA | $0 | $0 | 50% |
| Days on market | 97 | 181 | 28% |
Jan 15, 2026
$699,999
Initial Listing
Mar 31, 2015
$420,000
Public Record
Nov 4, 2011
$153,000
Public Record
Dec 11, 2006
$50,000
Public Record
Mar 17, 2006
$460,000
Public Record
Mar 18, 2005
$350,000
Public Record