550 W 41st Drive, Los Angeles, CA — listing photo 1
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FOR SALENew Listing

550 W 41st Drive

Los Angeles, CA 90037
6 Beds
5 Baths
3,120 Sq Ft
Built 1921
$950,000

Property Overview

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.

Home Details

Property type
Residential Income
Year built
1921
Living area
3,120 sq ft
Lot size
6,765 sq ft
Parking
5 spaces
Stories
2
Days on market
20
MLS status
Active
Zoning
LARD1.5

Features & Amenities

Parking

  • Assigned

Security

  • Gated Community

Community, Schools & Utilities

Utilities

Cooling
WallWindowUnits
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Location & Neighborhood

550 W 41st Drive

Los Angeles, CA 90037

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Frequently Asked Questions About 550 W 41st Drive

Property type: Residential Income

The current asking price is $950,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 550 W 41st Drive. Our team will confirm availability and timing.
This 6 bedrooms and 5 bathrooms property offers approximately 3,120 square feet of living space. It was built in 1921. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 20 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

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Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Amber Martinez
Phone: 3104024727
MLS ID: CLW-C118027

Available property

$950,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.