786 E 41st St Los Angeles, CA 90011
Historic South Central NeighborhoodEstimated payment $4,878/month
Highlights
- Very Popular Property
- Community Stables
- No HOA
About This Home
Outstanding value-add investment opportunity in South Los Angeles. This two-story, 4-unit quadruplex sits on a 7,147 sq ft lot in the high-demand 90011 corridor, just off Avalon Blvd and minutes from Downtown LA, USC, the Metro, and the 110 Freeway. Built in 1919 (LARD2 zoning), the building offers approximately 2,730 sq ft across four separate units with a total of 6 bedrooms and 4 bathrooms. With a Walk Score of 97, the location offers exceptional everyday convenience. The property is fully tenant-occupied and subject to the City of Los Angeles Rent Stabilization Ordinance (RSO), providing steady in-place income with strong upside potential through natural unit turnover and market repositioning. A rare chance to acquire a stabilized cash-flowing asset with long-term appreciation in a rapidly evolving rental submarket. Buyer to verify all information, rents, square footage, unit count, permits, and condition through independent investigation. Do not disturb tenants — drive by only; interior access with accepted offer.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1919
Lot Details
- 7,147 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,730 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Parking
- Parking Available
- Driveway
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Urban Location
Listing and Financial Details
- Legal Lot and Block 8 / S
- Assessor Parcel Number 5115001027
- $554 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Recreation
- Community Stables
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,500
- Insurance Expense $1,766
- Maintenance Expense $1,000
- Professional Management Expense $3,167
- Water Sewer Expense $4,391
- Operating Expense $21,405
- Gross Income $74,722
- Net Operating Income $53,318
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 |
|---|---|---|---|---|
| 2025 | $9,138 | $722,517 | $466,508 | $256,009 |
| 2024 | $8,990 | $708,351 | $457,361 | $250,990 |
| 2023 | $8,821 | $694,463 | $448,394 | $246,069 |
| 2022 | $8,420 | $680,847 | $439,602 | $241,245 |
| 2021 | $8,309 | $667,498 | $430,983 | $236,515 |
| 2019 | $8,066 | $648,040 | $418,200 | $229,840 |
| 2018 | $7,994 | $635,340 | $410,000 | $225,340 |
| 2016 | $4,031 | $308,428 | $208,047 | $100,381 |
| 2015 | $3,976 | $303,796 | $204,922 | $98,874 |
| 2014 | $4,016 | $297,846 | $200,908 | $96,938 |
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 |
|---|---|---|---|---|---|
| 07/27/2017 07/27/17 | Sold | $650,000 | 0.0% | $238 / Sq Ft | View Prior Sale |
| 06/16/2017 06/16/17 | Pending | -- | -- | -- | |
| 05/31/2017 05/31/17 | For Sale | $650,000 | +119.2% | $238 / Sq Ft | |
| 06/20/2013 06/20/13 | Sold | $296,500 | +22.3% | $109 / Sq Ft | View Prior Sale |
| 05/09/2013 05/09/13 | Pending | -- | -- | -- | |
| 05/02/2013 05/02/13 | For Sale | $242,400 | -- | $89 / Sq Ft |
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 | $635,000 | Fidelity National Title Co | |
| Grant Deed | $296,500 | Landsafe Title | |
| Trustee Deed | $215,000 | Accommodation | |
| Grant Deed | $550,000 | Stewart Title Of California |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $476,250 | New Conventional | |
| Previous Owner | $495,000 | Balloon |
About the Listing Agent
Commercial & Residential Specialist | Keller Williams
With a decade of underwriting experience and a proven track record in both commercial and residential real estate, Justin Woo brings a uniquely analytical and client-focused approach to every transaction. As the founder of the Woo Real Estate Group, Justin serves clients throughout Fullerton, Buena Park, La Mirada, Brea, and La Habra, helping buyers, sellers, and investors navigate today’s evolving market with clarity and
Justin's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW26125669
APN: 5115-001-027
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Ask me questions while you tour the home.