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187 W 41st Pl, A recently remodeled 7-unit Multifamily property located just steps from USC. With a newly built ADU, the subject operates at a 6.06% Cap Rate and 11.49 GRM offering any investor with strong cash flow, and 12% in rental upside! The subject property boasts an excellent unit mix of (2) 1-Bed/1-Bath, (1) 2-Bed/2-Bath, and (4) 3-Bed/1- Bath units. With 6,558 rentable Sq. Ft, these large units feature washer/dryer in unit, in-wall A/C, and central heating. 187 W 41st Pl is located just minutes from USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, Lucas Museum, Art's district, The Reef, Banc of California Stadium, and LA LIVE, as well as billions of dollars worth of development pouring into DTLA. MLS® ID: SB22229392 Listed: 10/23/22 Updated: 11/9/22 Interior Features Total Bedrooms: 0 Total Bathrooms: 0 Laundry Description: Inside Exterior/Building Features Lot Size: 6,760 ft2 lot Lot Details: 0-1 Unit/Acre Sewer: Public Sewer Other Property Details Area Name: C42 - Downtown L.A. HOA Amenities: Curbs, Park, Street Lights, Urban Garage: No Parking: N View: N County: Los Angeles Water Source: Public Pool: No Pool Description: None Zoning: RD 1.5 Courtesy of Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson, Listing Contact: 310-729-1559 Based on information from California Regional Multiple Listing Service, Inc. as of 11/9/22. 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.
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