623 W 41st St | Los Angeles CA 90037

Sold

|

$1,225,000

Sold

|

$1,225,000

5
% Cap Rate
|
12.46
‎ GRM
|
623 W 41st Dr is a renovated 5-unit apartment building in Los Angeles, featuring all 2-bedroom/1-bath units across two structures with modern finishes like stainless steel appliances and quartz counters. Ideally located near USC, Expo Park, and major transit, the property offers both strong tenant appeal and convenience. With a 31% rental upside and projected cap rate increase from 5.00% to 7.31%, it presents a compelling value-add investment in a rapidly gentrifying area.
NEW
SOLD

property highlights

5
Units
$245,000
price per unit
5,402
lot size (sq ft)
1910
year built
$212.97
price per sq ft
5,752
building size (sq ft)

property highlights

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