NOT LISTED FOR SALE

550 W 41st Dr Los Angeles, CA 90037

Vermont Square Neighborhood
3 Beds
2 Baths
3,120 Sq Ft
6,763 Sq Ft Lot

Last Sold December 23, 2014

Last sale price $467,500 $150 Per Sq Ft

Highlights

  • Landscaped
  • Wall Furnace
  • Front Yard
  • Level Lot

About This Home

As of December 2014

Professionally managed building on a good street close to the world-famous L.A. Coliseum with easy access to the 110Fwy. All five units are currently occupied with good income. Each unit in the main building is one bedroom, one bathroom. The fifth unit is built over the top of the rear garage/storage area and has 2+1 with utility room that has washer/dryer hookups and also a large, screened balcony area with extra storage. This property represents a good opportunity for the long-term investor. Tenants are unaware of the sale, so please do NOT disturb - drive by only. Standard Sale. Not a short sale or REO.

Last Agent to Sell the Property

David Spangler

Pinnacle Estate Properties, Inc. License #01325704 Listed on: 08/06/2014

Pinnacle Estate Properties, Inc.

Last Buyer's Agent

Annika Johansson-Ford

Paragon Realty License #01887866

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 6,763 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Landscaped
  • Level Lot
  • Front Yard

Parking

  • 4 Parking Spaces

Home Design

  • Property Attached

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 42
  • Tax Tract Number 2317
  • Assessor Parcel Number 5019019022

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,041
  • Net Operating Income $37,406

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Property Type: Residential Income
  • Parcel Number: 5019019022
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 149.84

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Front Yard, Landscaped, Level with Street
  • Lot Size Sq Ft: 6763.00
  • Lot Size Acres: 0.1550

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 4041.00
  • Gross Scheduled Income: 48492.00
  • Lot Size Area: 6763.0000 Square Feet
  • Net Operating Income: 37406.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 16400.00
  • Rent Control: Yes
  • Total Actual Rent: 3916.00

Tax Info

  • Taxes Percent: 8.00
  • Tax Lot: 42
  • Tax Tract Number: 2317
  • Tax Year: 2012

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2014 12/23/14 Sold $467,500 -10.1% $150 / Sq Ft
10/31/2014 10/31/14 Pending -- -- --
08/06/2014 08/06/14 For Sale $519,900 -- $167 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    David Spangler

    Pinnacle Estate Properties, Inc.

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14167331

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90037 Vermont Square

550 W 41st Dr, Los Angeles, CA

This home is located at 550 W 41st Dr, Los Angeles, CA 90037 since 06 August 2014. This property was built in 1921. 550 W 41st Dr is a home located in Los Angeles County with nearby schools including Menlo Avenue Elementary School, Barack Obama Global Preparation Academy, and Manual Arts Senior High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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 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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