About This Home

This 6-bedroom, 5-bathroom residential multi family at 550 W 41st Dr in Los Angeles, CA is listed for $950,000 ($304 per sqft). Built in 1921, the home offers 3,120 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 1921
  • 0.16 acre lot
  • 2 stories
  • 5 parking spaces

Property Details

2 stories
5 full
5 spaces
1921
Listing 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.

Monthly Cost Estimate

$5,081/mo

20% down · 6.5% · 30 years

Principal$687
Interest$4,117
Insurance$277

Estimates only. Actual payments may vary.

Location

550 W 41st Dr

Los Angeles, CA 90037

Property Details

Parking

Assigned

Heating

Natural Gas

Cooling

Ceiling Fan(s)Wall/Window Unit(s)

Questions & Answers

This 6-bedroom, 5-bathroom residential multi family at 550 W 41st Dr is listed at $950,000 ($304/sqft). The estimated monthly payment is $5,081 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1921, 0.16 acre lot, 2 stories, 5 parking spaces.

This property is listed by Amber Martinez.

AM

Amber Martinez

License 01961174

Agent at Rodeo Realty

Listed by Rodeo Realty · Broker phone: (310) 471-2600 · View on Broker Site · Broker website

MLS# 26989463· Source: The MLS/CLAW· 43 days on PropertySimple

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

550 W 41st Dr, Los Angeles, CA 90037

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