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Multi family home for sale at 550 W 41st Drive, Los Angeles, CA 90037 | MLS# 26989463 | Listing updated on 2026-10-21
Photo 1 of Multi family home for sale at 550 W 41st Drive, Los Angeles, CA 90037 | MLS# 26989463 | Listing updated on 2026-10-21
Photo 2 of Multi family home for sale at 550 W 41st Drive, Los Angeles, CA 90037 | MLS# 26989463 | Listing updated on 2026-10-21
Photo 3 of Multi family home for sale at 550 W 41st Drive, Los Angeles, CA 90037 | MLS# 26989463 | Listing updated on 2026-10-21
Photo 4 of Multi family home for sale at 550 W 41st Drive, Los Angeles, CA 90037 | MLS# 26989463 | Listing updated on 2026-10-21
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Listed by: Amber Martinez (310) 402-4727 DRE #01961174 | Rodeo Realty- Brentwood (310) 873-4100

$950,000

Monthly Est:$4,728

  • Beds Icon6 Beds
  • Beds Icon
    5 Baths
  • Beds Icon3,120sqft

550 W 41st Drive, Los Angeles, CA 90037

$4,728/moEst:

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  • Multi Family

  • Built in 1921

  • $-- HOA

  • 6,765 sqft lot

  • $304/sq.ft

Description

An appealing investment in the heart of Los Angeles, this five-unit income property pairs established rental income with a central location in an area of high rental demand near USC and the cultural attractions of Exposition Park. The property consists of a four-unit apartment building at 550 W 41st Dr and a separate single-family residence at 552 W 41st Dr, with all five units situated on one parcel under a single APN (5019-019-022). The property offers approximately 3,120 rentable square feet on a 6,763-square-foot lot with reported LARD1.5 zoning. Low-maintenance landscaping and no on-site laundry contribute to simpler upkeep and lower related expenses. Nearby destinations include the new Lucas Museum of Narrative Art, the Los Angeles Memorial Coliseum, and BMO Stadium, with proximity to venues associated with the Los Angeles 2028 Olympic Games. Convenient access to Metro, Downtown Los Angeles, and major freeways adds to the location's appeal. An attractive consideration for portfolio buyers and investors pursuing a 1031 exchange. Property to be delivered fully occupied with tenants in place. Drive by only.

  • Houzeo last checked: 1 minute ago
  • Listing updated: October 21, 2026 at 10:43 pm
  • Source: California Regional MLS-CA | MLS#: 26989463 California Regional MLS-CA

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Los Angeles County

  • City

    Los Angeles

  • Neighborhood

    --

  • Year Built

    1921

  • HOA Fees

    -

  • Finished Area

    3,120 sqft

  • Lot Size

    6,765 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    26989463

  • MLS Status

    Active

  • Days on Market

    47

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 6

    Bathrooms: 5

Interior

  • Cooling

    Wall Window Units

Utilities & Energy

  • Laundry Features

    None

  • Parking Features

    Assigned

  • Security Features

    Gated Community

Other Features

  • Community Features

    Gated

  • Tenant Pays

    Electricity, Gas, Trash Collection

Price History

DateEventPrice

09/17/2026

Source: mls_logoCalifornia Regional MLS-CA #26989463

Listed for Sale

$950,000 +103.21%

$304/sqft

12/24/2014

Source: mls_logoCalifornia Regional MLS-CA #SR14167331

Sold

$467,500

$150/sqft

Nearby Homes

Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 05:15AM and /or other sources. 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage

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