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651 E 41stLos Angeles, CA 90011

For Sale

$1,099,000

Smart Buyer Rebate $10,990

Excellent value-add 3-unit multifamily investment in Los Angeles with strong in-place income and upside potential. The property features three (3) spacious 2-bedroom / 1-bath units with approximately 4,626 square feet of building area on an approximately 7,551 square foot lot.

Current rents are below market, with estimated market and voucher rents of approximately $2,887 per unit. One unit is anticipated to be delivered vacant at close, providing flexibility for a new owner to establish market rent or pursue an owner-user strategy.

Recent capital improvements include a newer roof and newer windows, which may reduce near-term maintenance. All utilities are separately metered, contributing to efficient operations. On-site parking enhances tenant appeal.

Additional value-add opportunity: An approximately 800 square foot garage, anticipated to be delivered vacant, may offer potential for conversion to an accessory dwelling unit (ADU), subject to buyer verification and approval by the City of Los Angeles / LADBS. Buyer to conduct their own investigations regarding zoning, permits, feasibility, and allowable uses.

Well suited for investors, 1031 exchange buyers, and value-add operators seeking current income with future upside in a high-demand rental market.

Listed by Brent Gong

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License #01329530

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Coldwell Banker Realty

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818-585-7442

Last updated January 26, 2026

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Source: CRMLS #SR26010787

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Central LA
  • Days on Prevu10

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

01/26/2026
Price Decreased
$1,099,000
01/20/2026
Listed by Coldwell Banker Realty
$1,150,000

Property Details for 651 E 41st

Association

Amenities

  • Community Features: Urban

Exterior

Construction

  • Number Of Units Total: 3
  • Property Attached: Yes
  • Stories Total: 2
  • Year Built: 1940
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 4,626
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,553
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,553
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Operating Expense: $7,800.00

Taxes

  • Parcel Number: 5115002020

Other

Location

  • Tax Lot: 64

Parking

Parking

  • Garage Spaces: 3
  • Garage: Yes
  • Open Parking Spaces: 8
  • Parking Total: 11

Utilities

Equipment

  • Laundry Features: Washer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 651 E 41st.

Does this multi-family home have parking?

Yes, there are 3 parking spaces available for 651 E 41st.

How does 651 E 41st compare to other multi-family homes in South Central LA?

This multi-family home is listed 27% below the average price for multi-family homes in South Central LA and has been on the market for 124 less days than the typical home in this area.

651 E 41st is a -bedroom multi-family home for sale in Los Angeles CA 90011. On Prevu for 10 days at $1,099,000. This includes a recent price decrease of $51,000. This residence is located in South Central LA. The median listing price for multi-family homes in this area is $962,500. Property amenities include parking. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.