
Los Angeles, California 90037
This Quadruplex Residential Income Asset is a Strong Value Opportunity, listed at $1,599,999—positioned well above the $1,484,501 Fair Market Value by -7%. With a Fair Condition Rating, this 3,268 sqft property requires capital improvements to modernize aging infrastructure. Its proximity to Menlo Avenue Elementary and Manual Arts Senior High ensures consistent rental demand. While the entry price is high, the substantial living area provides significant upside for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or experienced developers seeking long-term rental yield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 725 W 41st Subject | $1,599,999* List Price | 0 | 0 | 3,268 | $454 | - |
A 705 W 41st Drive Active | $1,300,000 List Price | 0 | 0 | 3,046 | $427 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1928 (98 years old) and the listing lacks any mention of recent renovations to the kitchens, bathrooms, or major systems. Visible window AC units suggest a lack of central HVAC, and the exterior shows age-related wear. It meets the 'Fair' criteria as a dated property over 20 years old that likely requires minor repairs and cosmetic updates to meet modern rental standards.
As a quadruplex in the high-demand Downtown Los Angeles area, this property offers a significant opportunity for rental income and long-term asset appreciation.
The property is situated within walking distance of Menlo Avenue Elementary and Manual Arts Senior High, making it highly attractive to families and ensuring low vacancy rates.
With 3,268 square feet of living space, the building provides generous unit sizes that can command competitive market rents compared to smaller multi-family alternatives.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5402, other record lot size in square feet = 6762. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3268, other record living area = 2737.
Built in 1928, the property likely requires significant capital improvements to modernize electrical, plumbing, and structural systems to meet contemporary standards.
The list price of approximately $1.6 million represents a high cost-per-unit, which may compress initial cap rates and require aggressive management to achieve desired returns.
BOWEN AND CHAMBERLINS ROYAL TRACT LOT 25 - Excellent investment opportunity in a strong rental market near USC, Exposition Park, Downtown Los Angeles, and major transportation corridors. Four-unit income property with upside rental potential and long-term appreciation opportunity. Property subject to Los Angeles Rent Stabilization Ordinance (RSO). Centrally located in a high-demand rental area with proximity to shopping, dining, entertainment, and employment centers. Buyer to verify all income, expenses, permits, zoning, unit count, and rent control regulations.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,268 | 2,250 |
| Lot Size | 5,402 | 5,864 |
| Price | $1.60M | $826.7K |
| Price per sq ft | $490 | $395 |
| Built year | 1928 | 1925 |
| HOA | $0 | $0 |
| Days on market | 45 | 83 |
Jun 7, 2026
$1,599,999
Initial Listing
Dec 4, 1995
$165,000
Public Record