914 W 41st Street, Los Angeles, California 90037, Los Angeles, 90037 - 0 bed, 0 bath
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Los Angeles, California 90037
This fourplex represents a High-Potential Investment Opportunity, currently listed at $1,049,000—positioned well above the $867,927 Fair Market Value by -20%. While the property requires capital for system modernization given its Condition Rating of 4, it offers significant Value-Add Potential through its versatile den layouts and potential ADU development. Located in the high-demand Exposition Park area, this asset provides immediate cash flow for Buy-and-Hold Investors or Value-Add Developers seeking to capitalize on the proximity to USC and major transit hubs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 914 W 41st Street Subject | $999,000* List Price | 0 | 0 | 2,724 | $348 | - |
A 708 W 40th Sold | $705,000 | 0 | 0 | 2,295 | $307 | 0.3 mi |
B 708 W 40th Sold | $705,000 | 7 | 3 | 2,295 | $307 | 0.3 mi |
C 1021 W 48th Sold | $720,000 | 5 | 4 | 2,096 | $344 | 0.6 mi |
D 227 W 47th Street Sold | $740,000 | 0 | 0 | 1,863 | $397 | 0.9 mi |
E 1323 W 41st Sold | $699,998 | 0 | 0 | 1,807 | $387 | 0.5 mi |
F 862 W 41st Street Active | $939,000 List Price | 0 | 0 | 2,821 | $333 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1913, this century-old fourplex shows signs of partial cosmetic updates (laminate flooring and refreshed kitchen counters/appliances in some units likely within 5-15 years), but core systems remain dated. The presence of wall heaters, window AC units, and exposed water heaters indicates older infrastructure. The property is functional and income-producing but requires ongoing maintenance and modernization of systems to meet higher standards.
Situated in the high-demand Exposition Park area near USC and Downtown LA, the property benefits from proximity to major landmarks like BMO Stadium and the future Lucas Museum, ensuring consistent tenant demand.
Each unit features a versatile den that can function as a second bedroom, and the 5,463-square-foot lot offers significant upside through potential ADU development and future rental increases.
The property is an active income-producing asset currently generating approximately $6,489 per month, providing immediate revenue for investors in one of Los Angeles' most vibrant neighborhoods.
Originally built in 1913, the property may require significant ongoing maintenance or capital expenditures to upgrade century-old systems and structural components.
The majority of assigned middle and high schools carry low performance ratings (1-3), which may limit the property's appeal to long-term family tenants.
Introducing 914 W 41st Street, a well located fourplex investment opportunity in the heart of Exposition Park. This two-story property features four 1-bedroom, 1-bathroom units, each with a versatile den that may be utilized as a second bedroom, offering strong rental potential and future upside. Situated on a 5,463 square-foot lot with ample tenant parking, the property currently generates approximately $8,350 per month in rental income. Investors may also explore additional value through potential ADU development, subject to local regulations. Conveniently located near USC, Downtown Los Angeles, Exposition Park, BMO Stadium, the LA Memorial Coliseum, and the future Lucas Museum of Narrative Art, the property offers easy access to major freeways and public transportation. This is an excellent opportunity to own an income-producing asset in one of Los Angeles' most vibrant and growing neighborhoods, with current rental income of approximately $8,350 per month and additional value-add potential.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.5 mi
Grades K-2 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,724 | 2,250 |
| Lot Size | 5,465 | 5,864 |
| Price | $999.0K | $826.7K |
| Price per sq ft | $367 | $395 |
| Built year | 1913 | 1925 |
| HOA | $0 | $0 |
| Days on market | 45 | 83 |
Jul 10, 2026
$999,000
$1,049,000
-5% Price Drop
Initial Listing
Jun 10, 2026
$1,049,000
Initial Listing
Sep 29, 2011
$271,000
Public Record
Dec 29, 2006
$615,000
Public Record
Jan 27, 2003
$265,000
Public Record