$1,300,000

869 W 41st St Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated payment $8,165/month

3 Beds
9 Baths
4,588 Sq Ft
$283 Price per Sq Ft

About This Home

The subject property is a nine-unit multifamily apartment complex located in South Central Los Angeles, just minutes from the Coliseum and the USC campus. The unit mix consists of three one-bedroom units and six singles/studios. The building encompasses approximately 4,588 square feet and is situated on a 6,472-square-foot lot. The current scheduled gross monthly income exceeds $10,000 and has substantial potential for rental upside. The property is in good condition relative to the surrounding area and is ideally positioned for student housing demand driven by its proximity to USC.

Listing Agent

Jerome McAlpin

McAlpin & Company License #00939725 Listed on: 11/25/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,472 Sq Ft Lot
  • Lot Dimensions are 50x129

Interior Spaces

  • 4,588 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 9 Bathrooms

Parking

  • Carport
  • Uncovered Parking

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 5019-002-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 4588
  • Lot Acreage: 0.1486
  • Lot Dimensions: 50x129
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 9.00
  • Price Per S Q F T: 283.35

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport, Uncovered

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 53.49
  • Assessed Improvement Value: 195454
  • Assessed Land Percent: 46.51
  • Assessed Land Value: 169959
  • Total Assessed Value: 365413
  • Assessor Parcel Number: 5019-002-002
  • Lot Size Area: 6472

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114
  • Gross Rent Multiplier: 10.74
  • Number Of Units: 9
  • Type Of Units: Apartments

Map

Range of Values:

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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2025 11/25/25 For Sale $1,300,000 -- $283 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25622777

The MLS
California Los Angeles County Los Angeles 90037 Vermont Square

869 W 41st St, Los Angeles, CA

For Sale

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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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Nearby Homes
Jerome McAlpin
Listing Agent
Jerome McAlpin
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McAlpin & Company
(310) 902-8977