Log In/Sign Up
Your email has been sent.
251 W 41st Pl 6 Unit Apartment Building $2,058,728 CAD ($343,121 CAD/Unit) 8.50% Cap Rate Los Angeles, CA 90037



INVESTMENT HIGHLIGHTS
- • 8.5% CAP rate - high return on investment
- • Extensive exterior Upgrade New Electrical, Pluming, Stucco, Paint
- • Occupied and located in high tenant demanded area
- • Renovated units including : Kitchen, Bathrooms, Floor, Appliances Ext
- • Low maintenance and easy to manage
- • Close to schools, markets, transportations and Downtown LA
EXECUTIVE SUMMARY
Exceptional Income Property Prime Location Near Exposition Park & USC! This high-performing investment gem offers impressive income potential with a strong cap rate exceeding 8.5%. Fully upgraded from top to bottom, the property boasts a new electrical panel, upgraded plumbing, fresh exterior paint, and a fully inspected roof ensuring durability and minimal maintenance for years to come. Inside, every unit has been beautifully remodeled with modern finishes, updated electrical and plumbing systems, sleek kitchens, stylish bathrooms, and new flooring throughout, making this a true turnkey opportunity. With units occupied, investors can enjoy immediate, steady cash flow and strong long-term returns. Featuring a desirable unit mix of six, one 3-bedroom unit, four 2-bedroom units, and one single unit(ADU), this property appeals to a wide range of tenants and offers excellent rent diversification. Its prime location near major employers, schools, shopping, and transportation hubs drives consistent demand and high occupancy. Whether you're a seasoned investor or expanding your portfolio, this is a rare opportunity to own a low-maintenance, high-yield asset in one of LA's most desirable growth areas. Don't miss out on properties like this, they move fast! Please see attached OM.
PROPERTY FACTS
| Price | $2,058,728 CAD | Property Subtype | Apartment |
| Price Per Unit | $343,121 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 8.50% | Building Size | 3,609 SF |
| Sale Condition | Build to Suit | No. Stories | 2 |
| Gross Rent Multiplier | 9.15 | Year Built | 1955 |
| No. Units | 6 | Parking Ratio | 1.66/1,000 SF |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Zoning | LARD1.5 | ||
| Price | $2,058,728 CAD |
| Price Per Unit | $343,121 CAD |
| Sale Type | Investment |
| Cap Rate | 8.50% |
| Sale Condition | Build to Suit |
| Gross Rent Multiplier | 9.15 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,609 SF |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 1.66/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LARD1.5 |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 1 | - | - |
| 2+1 | 4 | - | - |
| Studios | 1 | - | - |
1 1
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (87)
PROPERTY TAXES
| Parcel Number | 5111-021-017 | Improvements Assessment | $476,116 CAD |
| Land Assessment | $317,409 CAD | Total Assessment | $793,525 CAD |
PROPERTY TAXES
Parcel Number
5111-021-017
Land Assessment
$317,409 CAD
Improvements Assessment
$476,116 CAD
Total Assessment
$793,525 CAD
1 of 14
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
251 W 41st Pl
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
