$550,000
UNDER CONTRACT

Estimated payment $3,230/month

Total Views 6,725
3 Beds
1 Bath
1,491 Sq Ft
$369 Price per Sq Ft

Highlights

  • Private Yard
  • No HOA
  • 1-Story Property

About This Home

Major Fixer with Huge Upside Potential!

Unlock the value of this income-generating opportunity at 227 West 41st Street, Los Angeles—nestled in a rapidly revitalizing and high-growth neighborhood. This property offers nearly 1,500 sq ft of living space (1,491 sq ft) on an expansive 5,808 sq ft lot, providing plenty of room for renovation and expansion.

Whether you're looking for a fix-and-flip project or a buy-and-hold investment, this property is brimming with potential. With the right updates and strategic vision, it could become a high-performing asset in your portfolio.

Don’t miss out on this chance to invest in one of L.A.’s most dynamic markets. Opportunities like this don’t last!

Listing Agent

Jerol Crawford

Jerold Crawford Brokerage Phone: 310-930-3551 License #01331482 Listed on: 05/09/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,865

Year Built

  • Built in 1906

Lot Details

  • 5,810 Sq Ft Lot
  • Private Yard
  • Back Yard
  • Property is zoned LARD2

Parking

  • 2 Car Garage

Interior Spaces

  • 1,491 Sq Ft Home
  • 1-Story Property
  • Entryway

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 30 / B
  • Assessor Parcel Number 5111022018
  • $311 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,865

Year Built

Built in 1906

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LARD2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5111022018
  • Year Built: 1906
  • Special Features: UnderContract

Interior Features

  • Fireplace: No
  • Living Area: 1491.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 368.88
  • Room Type: All Bedrooms Down, Entry

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Yard
  • Lot Size Sq Ft: 5810.00
  • Lot Size Acres: 0.1334

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5810.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: B
  • Tax Census Tract: 2318.00
  • Tax Lot: 30
  • Tax Tract Number: Mai...
  • TaxOtherAnnualAssessmentAmount: 311.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,865 $217,225 $160,319 $56,906
2024 $2,865 $212,967 $157,176 $55,791
2023 $2,815 $208,793 $154,095 $54,698
2022 $2,690 $204,700 $151,074 $53,626
2021 $2,652 $200,687 $148,112 $52,575
2019 $2,577 $194,736 $143,720 $51,016
2018 $2,494 $190,918 $140,902 $50,016
2016 $2,371 $183,507 $135,432 $48,075
2015 $2,339 $180,751 $133,398 $47,353
2014 $2,355 $177,211 $130,785 $46,426
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2025 06/28/25 For Sale $550,000 0.0% $369 / Sq Ft
06/02/2025 06/02/25 Off Market $550,000 -- --
05/31/2025 05/31/25 For Sale $550,000 0.0% $369 / Sq Ft
05/30/2025 05/30/25 Off Market $550,000 -- --
05/28/2025 05/28/25 For Sale $550,000 0.0% $369 / Sq Ft
05/27/2025 05/27/25 Off Market $550,000 -- --
05/09/2025 05/09/25 For Sale $550,000 -- $369 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $159,000 First American Title Co
Warranty Deed -- --
Gift Deed -- --
Warranty Deed $70,000 First American Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Closed $205,000 New Conventional
Previous Owner $205,000 New Conventional
Previous Owner $159,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN25102932

California Regional Multiple Listing Service (CRMLS)

APN: 5111-022-018