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Image 1 - 263 W 41st Pl, Los Angeles, California, 90037 - House for sale
Image 2 - 263 W 41st Pl, Los Angeles, California, 90037 - House for sale
Image 3 - 263 W 41st Pl, Los Angeles, California, 90037 - House for sale
Image 4 - 263 W 41st Pl, Los Angeles, California, 90037 - House for sale
Image 5 - 263 W 41st Pl, Los Angeles, California, 90037 - House for sale
Image 6 - 263 W 41st Pl, Los Angeles, California, 90037 - House for sale
Image 7 - 263 W 41st Pl, Los Angeles, California, 90037 - House for sale
Home For Sale In Los Angeles, California
263 W 41st Pl, Los Angeles, California, 90037

Home For Sale In Los Angeles, California

house for sale
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Listed: 04/17/24

263 W 41st Pl, Los Angeles, California, 90037

14 Bed:
4 Bath:
4,368 Sq Ft Living Area:
Save
Price
$ 1,65M

About This House

263 W. 41st Place provides a great opportunity to own a good cash flow 4 unit, 2 story property in South Los Angeles with additional upside on rents and supplemental income (parking/storage). One unit is currently vacant, and one additional unit will be vacant shortly. This two-story, 4- unit investment is comprised of 2 three-bedroom / 1-bathroom units and 2 four-bedroom / 1-bathroom units. Plenty of room for upside rents. The seller will deliver two units vacant. The buyer is purchasing the property with only two units tenant occupied. The actual cap is currently above 7.0% !. The owners have recently renovated one upstairs unit and painted the exterior and made some additional repairs. The property needs some TLC, but the right investor can make this a great cash-flowing asset.

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Historic South-Central Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.