705 West 41st Drive

Los Angeles, CA 90037

$1,029,000
Price
8
Beds
4
Baths
3,046 Sq. Ft.
$338 / Sq. Ft.
3,046
Sq. Ft.
$338
per Sq. Ft.

Description

Very nice well maintained triplex property, near Downtown LA. One unit is a 4-bedroom 2 bath, the other 2 units are 2 bedroom 1 bath. Units have newer kitchens and bathrooms. Close to freeways, shopping, restaurants and USC. All units are currently occupied with long term tenants.Very nice well maintained triplex property, near Downtown LA. One unit is a 4-bedroom 2 bath, the other 2 units are 2 bedroom 1 bath. Units have newer kitchens and bathrooms. Close to freeways, shopping, restaurants and USC. All units are currently occupied with long term tenants.
  1. Listed by Jesus Jimenez • DRE #01891175 • Brokerage DRE #01482405 • MLA Investments • 310-780-3304

Property Details for 705 West 41st Drive

Parking Spaces Total
6
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3046
Assessor Parcel Number
5019-021-030
LISTING UPDATED: 11/13/2024 10:38 PM

Property Details for 705 West 41st Drive

StatusActive
MLS #DW24230145
Days on Market25
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1905
Lot Size0.12 AC / 5,402 SF
CountyLos Angeles County

Building Information for 705 West 41st Drive

Stories2Residences-Year Built1905Building Size-Lot Size0.12 AC / 5,402 SF

Property Information for 705 West 41st Drive

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $53,310
  • Gross Scheduled Income: $53,310
  • Gross Operating Income: $53,310
  • Net Operating Income: $44,025
  • Number Of Rented Garages: 0
  • Laundry Income: $0
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $9,285
  • Gardener Expense: $1,200
  • Insurance Expense: $1,785
  • Trash Expense: $1,800
  • Water Sewer Expense: $4,500
  • Total Expenses: $9,285
Tax / Assessment Info
  • Tax Tract Number: 2317
  • Tax Census Tract: 2317.20
  • CFD/Mello-Roos Fee: $483
  • Tax Lot: 20
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Disability Access: Other Main Level Modifications
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Paved
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,909
  • Unit Type Total Rent: $1,909
  • Unit Type Pro Forma: 1909
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,271
  • Unit Type Total Rent: $1,271
  • Unit Type Pro Forma: 1271
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,263
  • Unit Type Total Rent: $1,263
  • Unit Type Pro Forma: 1263
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 705 West 41st Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 705 West 41st Drive

Taxable ValueLand$301,077Additions$172,835Total$473,912
Tax Record2024$6,165 ($514 / month)
Home Facts
Total Finished SqFt3,046 SqFtAbove Grade Finished SqFt3,046 SqFtLot Size5,400 SqFtStyleTriplexYear Built1905ZoningLARD1.5CountyLOS ANGELESAPN5019-021-030

Schools near 705 West 41st Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 7
Public - 6 to 11
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Menlo Avenue Elementary School
PublicK to 7

Barack Obama Global Preparation Academy
Public6 to 11

Manual Arts Senior High School
Public9 to 12

Global Education Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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705 West 41st Drive is a multi-family home for sale in Los Angeles, CA 90037. This property was listed for sale on November 8, 2024 by MLA Investments, it's currently listed at $1,029,000. It has been on the market for a total of 25 days and was last sold on October 23, 2003. This listing's school district is Los Angeles Unified School District. Nearby schools include Menlo Avenue Elementary School, Barack Obama Global Preparation Academy and Manual Arts Senior High School. 705 West 41st Drive is a 8-bed, 4-bath, 3,046 sqft multi-family home built in 1905.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MLA Investments, Jesus Jimenez, DRE #01891175

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.