736 W 41st Place, Los Angeles, California 90037, Los Angeles, 90037 - bed, bath
736 W 41st Place
Los Angeles, California 90037
Property Price
SUMMARY
Analysis of 736 W 41st Place, Los Angeles, California 90037 is currently available with a list price of $875,000. 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.
Built in 1907, this property shows a significant age with inconsistent updates across its four units. While some kitchens feature newer shaker-style cabinets, stainless steel appliances, and recessed lighting, and some bathrooms boast updated vanities and subway tile, other units retain very dated elements such as red painted cabinets, older appliances, and worn tile flooring. The overall condition suggests an aged property that has undergone piecemeal renovations over time, making it functional but requiring further consistent updates to meet modern standards throughout.
PROSSTRENGTHS & OPPORTUNITIES
- High Income Potential
The property, though legally a duplex, is currently configured and used as a fourplex with four separate living spaces (two 2BD/1BA and two 1BD/1BA units), offering significant rental income opportunities.
- Vacant Delivery
All units will be delivered vacant, providing the new owner immediate flexibility to select tenants at market rates or occupy units without the complexities of existing leases or tenant relocation.
- Gated Off-Street Parking
The property includes secure, gated parking for four cars, a highly desirable and valuable amenity in a dense urban environment like Los Angeles.
CONSRISKS & DEFICIENCIES
- Unpermitted Fourplex Conversion
The property is legally a duplex but is being used as a fourplex. This non-conforming use may present significant legal, zoning, or permitting challenges, potentially requiring costly legalization or reversion to a duplex configuration.
- Advanced Age of Property
Built in 1907, the property is over a century old, which often implies the need for substantial updates to major systems (plumbing, electrical, HVAC) and potential for higher ongoing maintenance and insurance costs.
- Lack of Desirable Views
The property explicitly states 'view: None,' indicating an absence of scenic or city views, which can be a missed opportunity for added value and tenant appeal in the Los Angeles market.
About 736 W 41st Place
Spacious Well maintained, 2 story-Duplex in Los Angeles. Currently the building is divided & being used as a Fourplex. Separated into 4 living spaces with 2 units upstairs & 2 units Downstairs. Each unit has its own private entrance, Livingroom, kitchen & full bathroom. Details are as follow: Upstairs units feature: 2 bedrooms / 1 bathroom & 1 bedroom / 1 bathroom. Downstairs units feature: 2 bedrooms /1 bathroom & 1 bedroom / 1 bathroom. There is a 4 car parking access inside the gated property. Units will be delivered VACANT.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1907
- Lot Size
- 4,178 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 • 0.2 mi
Marguerite Poindexter Lamotte Elementary
Grades K-5 • 0.4 mi
West Vernon Avenue Elementary School
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 | 2,369 | 2,419 | 45% |
| Lot Size | 4,178 | 5,409.5 | 10% |
| Price | $875.0K | $900.0K | 50% |
| Price per sq ft | $369 | $324 | 60% |
| Built year | 1907 | 1923 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 148 | 259 | 15% |
Pricing History
Listed for Sale
Oct 9, 2025
$875,000
Initial Listing
Sold
Mar 20, 2003
$262,000
Public Record
Sold
Sep 20, 1999
$300,000
Public Record
Sold
Aug 21, 1998
$75,000
Public Record
Sold
Jun 25, 1998
$50,000
Public Record