358 W 41St Street

  • Los Angeles

  • $849,000
Share

Residential Income Details

Description
The owner of this beautiful 4-Unit apartment building on 41st Street and Broadway has operated a very clean building and has already added value to two of the four units. The seller has completed considerable renovations to both units #1 and #4 with upgrades totaling $26,000 for each unit. Those upgrades include laminate flooring throughout, granite counter tops, brand new cabinets and stainless-steel appliances. Units #2 and #3 still offer an investor the ability to add value, and later bring rents to market. With a roof that does not need to be replaced, copper plumbing throughout, brand new windows for the entire property - a new investor has the opportunity to concentrate their capital expenditure on units #2 and #3 where an increase in rents can be achieved.
Essential
MLS #18365050
Price$849,000
Number of Units4
Sale TypeStandard
StatusPending
Listing BrokerageMatthews Real Estate Investmen
Listing AgentDavid Harrington
Listing Agent BRE #01320460
Interior
CoolingSee Remarks
Exterior
Community
AreaC42 - Downtown L.A.
Address358 W 41St Street
CityLos Angeles
CountyLos Angeles
StateCA
ZipCode90037
School

InquireNow

We ensure your contact information is kept secure.

Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, September 6, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.