715 E 41st Place Los Angeles, CA 90011
Historic South Central NeighborhoodEstimated payment $5,093/month
About This Lot
Developers and investors- great opportunity near USC and Exposition Park! 715 E 41st Pl is an SB 8-exempt, non-rent-controlled, approximately 7,320 SF flat lot with multiple potential development options. Seller has created renderings for a potential 6-7 unit development, consisting of a 3-story triplex (approximately 1,800 SF each) + three ADUs (approximately 1,200 SF each), totaling approximately 9,000 SF of living space, 18 bedrooms, 15 bathrooms, and 3 parking spaces. The concept utilizes SB 1211 and AB 2097 to maximize unit size and rental density, with potential for a 7th unit by converting the front 2-car garage into an approximately 400 SF ADU. Seller also has expired fourplex plans featuring a 6BR/6BA residence, 3BR/3BA ADU, and two 4BR/4BA townhomes with flex spaces offering potential for future ADU conversion, plus 10 total parking spaces. The previous structure has already been demolished, potentially saving approximately $50K in demolition costs. Conveniently located near USC, Exposition Park and DTLA. Buyer to conduct their own due diligence regarding development and use of the property.
Property Details
Property Type
- Land
Lot Details
- 7,320 Sq Ft Lot
- Lot Dimensions are 54x134
- Level Lot
- Property is zoned LARD2
Property Views
- City Views
Listing and Financial Details
- Assessor Parcel Number 5115-001-028
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $7,955 | $666,436 | $533,149 | $133,287 |
| 2025 | $7,955 | $653,370 | $522,696 | $130,674 |
| 2024 | $7,890 | $640,560 | $512,448 | $128,112 |
| 2023 | $7,819 | $628,000 | $502,400 | $125,600 |
| 2022 | $5,452 | $443,596 | $346,888 | $96,708 |
| 2021 | $990 | $67,950 | $10,417 | $57,533 |
| 2019 | $963 | $65,937 | $10,109 | $55,828 |
| 2018 | $898 | $64,645 | $9,911 | $54,734 |
| 2016 | $847 | $62,136 | $9,527 | $52,609 |
| 2015 | $836 | $61,203 | $9,384 | $51,819 |
| 2014 | $848 | $60,005 | $9,201 | $50,804 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/14/2026 09/14/26 | Price Changed | $799,000 | -3.2% | -- | |
| 03/13/2026 03/13/26 | For Sale | $825,000 | +31.4% | -- | |
| 11/29/2022 11/29/22 | Sold | $628,000 | -3.4% | $628 / Sq Ft | View Prior Sale |
| 11/29/2022 11/29/22 | Price Changed | $650,000 | 0.0% | $650 / Sq Ft | |
| 11/15/2022 11/15/22 | Price Changed | $649,997 | 0.0% | $650 / Sq Ft | |
| 11/14/2022 11/14/22 | Pending | -- | -- | -- | |
| 11/01/2022 11/01/22 | For Sale | $649,997 | +3.5% | $650 / Sq Ft | |
| 11/01/2022 11/01/22 | Off Market | $628,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $628,000 | Lawyers Title | |
| Gift Deed | -- | Jakle Alexander & Patton Llp | |
| Quit Claim Deed | -- | -- |
Source: The MLS
MLS Number: 26664257
APN: 5115-001-028
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© 2026 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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