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832 W 41st Street, Los Angeles, California 90037, Los Angeles, 90037 - bed, bath

832 W 41st Street, Los Angeles, California 90037 home-pic-0
ACTIVE$1,200,000
832 W 41st Street, Los Angeles, California 90037
0Bed
0Bath
4,326Sqft
5,955Lot
Year Built
1916
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$277
HOA
-
Days on market
-
Sold On
-
MLS number
EV24146556
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.20M(83th), sqft - 4326(96th), beds - undefined(50th), baths - undefined(50th).

An inviting colonial unique style quadruplex, 2 spacious apartments with 3 bedrooms and 2 bathrooms giving a nice view to the street and trees from your living rooms to enjoy with family and friends, adding the 2 spacious apartments with 2 bedrooms and 1 bathroom with a view to the street from your spacious living room to relax . this big building ha 4,236 square footage construction, right in the middle of a metropolitan area close to Exposition Park, UCLA, churches, schools public transportation, shopping centers and more. 4 electrical and gas meters, each tenant pay theirs own utilities, ( owner pay water) 4 parking spaces at the back of the building sharing the driveway with the other building(easement) A great long term source of income SOLD AS IS, NO REPAIRS, TENANTS TO REMAIN IN THE PROPERTY. 932 1/2 unit will be delivery unocupied at the escrow closing only. PRICE TO SELL! CASH, CONVENTIONAL AND FHA LOAN ARE WELCOME. Property Address is 832, 832 1/2 and 834, 834 1/2 West 41rst St. Los Angeles ca 90037

Nearby schools

5/10
Menlo Avenue Elementary School
Public,•K-5•0.1mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•0.5mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•0.5mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•0.6mi
3/10
Normandie Avenue Elementary School
Public,•K-5•0.7mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•0.9mi
3/10
Trinity Street Elementary School
Public,•K-5•1.1mi
/10
Maple Primary Center
Public,•K-1•1.1mi
2/10
Martin Luther King Jr. Elementary School
Public,•K-5•1.1mi
2/10
Main Street Elementary School
Public,•K-5•1.3mi
2/10
Western Avenue Elementary School
Public,•K-5•1.5mi
2/10
Forty-Second Street Elementary School
Public,•K-5•1.9mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•2.0mi
3/10
Angeles Mesa Elementary School
Public,•K-5•2.1mi
3/10
Sixth Avenue Elementary School
Public,•K-5•2.3mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.0mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.3mi
2/10
John Muir Middle School
Public,•6-8•1.5mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.9mi
2/10
Audubon Middle School
Public,•6-8•2.4mi
1/10
Horace Mann Junior High School
Public,•6-8•2.6mi
3/10
Manual Arts Senior High School
Public,•9-12•0.2mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.6mi
5/10
Santee Education Complex
Public,•9-12•2.0mi
3/10
Nava College Preparatory Academy
Public,•9-12•2.1mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.5mi

Price History

Date
Event
Price
06/11/02
Sold
$330,000
06/19/01
Sold
$176,000
08/03/99
Sold
$279,000
04/06/99
Sold
$203,000
Condition Rating
Poor
Built in 1916 and explicitly sold 'AS IS, NO REPAIRS,' this quadruplex shows significant deferred maintenance. The images reveal extremely outdated kitchens with old cabinets, laminate countertops, and older appliances, along with bathrooms featuring dated vanities and tile work. Flooring is a mix of worn hardwood, old carpet, and linoleum. Given the age and lack of apparent recent renovations, major systems (electrical, plumbing, HVAC) are likely well beyond their expected lifespan and would require substantial rehabilitation to meet current standards and comfort levels. This property requires extensive repairs and modernization throughout.
Pros & Cons

Pros

High Income Potential: As a quadruplex with a mix of two 3-bedroom/2-bathroom and two 2-bedroom/1-bathroom units, the property offers substantial and diversified rental income potential.
Prime Urban Location: Situated in a metropolitan area of Los Angeles, close to Exposition Park, UCLA, public transportation, and shopping centers, enhancing tenant demand and property value.
Separate Tenant Utilities: Each unit has individual electrical and gas meters, with tenants responsible for their own utilities, significantly reducing the owner's operating expenses.
Dedicated Off-Street Parking: The provision of 4 parking spaces at the back of the building is a valuable amenity in a dense urban environment like Los Angeles, appealing to tenants.
Partial Vacancy for Flexibility: One unit (932 1/2) will be delivered unoccupied at escrow closing, offering immediate flexibility for owner-occupancy or market-rate rental adjustment.

Cons

As-Is Condition & No Repairs: The property is explicitly sold 'as-is' with no repairs, transferring the full responsibility and potential cost of any necessary renovations or deferred maintenance to the buyer.
Predominantly Tenant-Occupied: Most units are tenant-occupied, which can complicate property showings, due diligence, and may involve navigating existing tenant rights and rent control regulations in Los Angeles.
Advanced Age of Construction: Built in 1916, the property's age suggests a higher likelihood of outdated systems, potential structural issues, and the need for significant capital expenditures for modernization or compliance.

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