NOT LISTED FOR SALE

340 W 41st St Los Angeles, CA 90037

Historic South Central Neighborhood

Estimated Value: $776,000 - $988,531

6 Beds
2 Baths
2,487 Sq Ft
$343/Sq Ft Est. Value

Last Sold October 03, 2017

Last sale price $475,000 $191 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,299/month

141 Days on Market

About This Home

As of October 2017

One of a kind investment opportunity. Beautiful Duplex fixer. There are two separate buildings, 6 bedrooms and 2 bathrooms with a great layout. "Roll up your sleeves and bring your tools & paint brushes". With some loving care, this duplex could be your dream home and/or excellent investment opportunity. There are unpermitted additions. Buyer to verify all information and permits to their own satisfaction and rely on their own findings. Walk to schools, few blocks to USC, and few minutes to DTLA, Convention Center, shopping malls, Museums, and Exposition park.

Last Agent to Sell the Property

Peter Park

Prime Properties Asset Mgmt. License #01177044 Listed on: 04/03/2017

Last Buyer's Agent

David Garcia

License #01145306

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,908

Year Built

  • Built in 1905

Lot Details

  • 5,198

Parking

  • 2 Parking Spaces

Home Design

  • 2,487 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Additional Features

  • 5,198 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5111-005-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,908

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: One of a kind investment opportunity. Beautiful Duplex fixer. There are two separate buildings, 6 bedrooms and 2 bathrooms with a great layout. "Roll up your sleeves and bring your tools & paint brushes". With some loving care, this duplex could be your dream home and/or excellent investment opportunity. There are unpermitted additions. Buyer to verify all information and permits to their own satisfaction and rely on their own findings. Walk to schools, few blocks to USC, and few minutes to DTLA, Convention Center, shopping malls, Museums, and Exposition park.
  • Living Area: 2487
  • Year Built: 1905
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 196.98

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 160409
  • Assessed Land Value: 182745
  • Assessor Parcel Number: 5111-005-009
  • Geocode Override: No
  • Lot Size Area: 5198

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.74
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2022
Sold by
Adela Viramontes
Bought by
Zuniga Guillermo Garcia
Current Estimated Value
$853,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2022
Sold by
Herrera Victor M
Bought by
Zuniga Guillermo Garcia and Garcia Gretel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2019
Sold by
Herrera Victor M
Bought by
Herrera Victor M and Garcia Guilermo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2017
Closed on
Sep 28, 2017
Sold by
Fannie Mae
Bought by
Herrera Victor M
Seller's Agent
Peter Park
Prime Properties Asset Mgmt.
Buyer's Agent
David Garcia
List Price
$489,900
Sold Price
$475,000
Premium/Discount to List
-$14,900
-3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$352,600
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
May 23, 2017
Sold by
Aguilar Blanca M
Bought by
Herrera Victor M

Purchase Details

Closed on
Sep 25, 2014
Sold by
Gomez Marvin and Gomez Karen
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 8, 2007
Sold by
Gomez Marvin and Gomez Karen
Bought by
Gomez Marvin and Gomez Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2005
Sold by
Ojeda Lino and Ojeda Enriqueta
Bought by
Gomez Marvin and Gomez Karen

Purchase Details

Closed on
Aug 26, 2002
Sold by
Sedaghat Jonathan J
Bought by
Ruiz Judith
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zuniga Guillermo Garcia -- Provident Title
Zuniga Guillermo Garcia -- Provident Title
Herrera Victor M -- None Available
Herrera Victor M $475,000 None Available
Herrera Victor M -- None Available
Federal National Mortgage Association $376,103 None Available
Gomez Marvin -- Ticor Title
Gomez Marvin -- --
Ruiz Judith -- Old Republic Title
Ruiz Judith -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Zuniga Guillermo Garcia $625,000
Previous Owner Herrera Victor M $80,000
Previous Owner Herrera Victor H $455,000
Previous Owner Herrera Victor M $352,600
Previous Owner Gomez Marvin $323,000
Previous Owner Ojeda Lino $220,000
Previous Owner Ojeda Lino $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2017 10/03/17 Sold $475,000 -3.0% $191 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $489,900 0.0% $197 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
05/03/2017 05/03/17 Price Changed $489,900 -5.8% $197 / Sq Ft
04/03/2017 04/03/17 For Sale $519,900 -- $209 / Sq Ft
Source: The MLS

Tax History Compared to Growth

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 $7,908 $640,424 $425,519 $214,905
2024 $7,908 $627,868 $417,176 $210,692
2023 $7,759 $615,558 $408,997 $206,561
2022 $6,758 $548,142 $341,394 $206,748
2021 $6,666 $537,395 $334,700 $202,695
2020 $6,729 $531,886 $331,269 $200,617
2019 $6,035 $484,500 $234,600 $249,900
2018 $5,952 $475,000 $230,000 $245,000
2016 $4,320 $343,154 $182,745 $160,409
2015 $4,259 $338,000 $180,000 $158,000
2014 $3,030 $235,507 $77,266 $158,241
Source: Public Records

Agents Affiliated with this Home

  • Peter Park

    Seller's Agent in 2017

    Peter Park

    Prime Properties Asset Mgmt.

    (323) 810-1565

    5 Total Sales

    Peter Park
    Section Image

  • D

    Buyer's Agent in 2017

    David Garcia

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Map

Source: The MLS

MLS Number: 17-218480

The MLS

APN: 5111-005-009

California Los Angeles County Los Angeles 90037 Historic South Central

340 W 41st St, Los Angeles, CA

This home is located at 340 W 41st St, Los Angeles, CA 90037 since 03 April 2017 and is currently estimated at $853,133, approximately $343 per square foot. This property was built in 1905. 340 W 41st St is a home located in Los Angeles County with nearby schools including West Vernon Avenue Elementary School, William Jefferson Clinton Middle School, and Thomas Jefferson Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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