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Back 194 West 41st Place
Off Market

194 West 41st Place

Los Angeles CA 90037

12
12
6240 sq. ft.
6744 sq. ft.
Other
Last sold for $1,100,000
Pila JessiePila Jessie, last sold this property on 08 July 2025 after 24 days on market.

Overview

+OFFER DEADLINE THURSDAY 6/19 12 noon+ This 12-unit multifamily property offers a strong cash return with significant upside potential for the savvy investor. Cap rate 9%. Located just over 1 mile from USC and 1 mile from BMO Stadium, the building sits in a prime rental corridor with steady demand. The unit mix consists of studio and 1-bedroom units, currently occupied by long-term, stable tenants, providing reliable income. While the property does have deferred maintenance, it presents an ideal opportunity for a cash investor with vision to reposition and maximize returns. Zoned RD1.5-1, located in TOC Tier 3 and TOIA Tier 2, the site offers potential for future development or redevelopment in a rapidly evolving neighborhood. Interior electrical panels indicate Siemen brand. ***Drive by Only, do not disturb tenants, please write an offer subject to interior inspection. ***Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition, development potential, bedroom/bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on his/her/their own findings. Trust sale.

Features

12 bedrooms
12 bathrooms
6240 sq. ft. floor area
6744 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 12 bedroom other properties sold in Los Angeles over the last 12 months.

Property history for 194 West 41st Place

2025
Sold
$1,100,000
08 Jul 2025 by Pila Jessie, of Khorr Realty

Happy sellers in Los Angeles

87%
87% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Los Angeles over the last 12 months.

Local market activity for 12 bedroom other properties in Los Angeles

In the last 12 months, 2 numeral.12-bedroom other properties similar to 194 West 41st Place, have been sold.

This represents a 50% decrease in numeral.12-bedroom other properties sales when compared to the previous 12 months.

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Daniel Rayas is a recommended agent for Los Angeles.  They have 1 local sale and collected 1 local review across the last 12 months.

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Barbara Isabel

Barbara Isabel is a recommended agent for Los Angeles.  They have 2 local sales across the last 12 months.

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