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.
Property Details
Price:
$950,000
MLS #:
26989463
Status:
Active
Beds:
6
Baths:
5
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
Sep 17, 2026
Finished Sq Ft:
3,120
Total Sq Ft:
3,120
Lot Size:
6,765 sqft / 0.16 acres (approx)
Year Built:
1921
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Laundry Features
None
Levels
Two
Exterior
Parking Features
Assigned
Parking Spots
5
Parking Total
5
Security Features
Gated Community
Stories
2
Financial
Map
Community
- Address550 W 41st DR Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Oct 21, 2026
6,207
Single Family Listed
87
Avg DOM
506
Avg $ / SqFt
$1,883,735
Avg List Price
Property Summary
- 550 W 41st DR Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90037. It is listed for $950,000 and features 6 beds, 5 baths, and has approximately 3,120 square feet of living space, and was originally constructed in 1921. The current price per square foot is $304. The average price per square foot for Single Family listings in Los Angeles is $506. The average listing price for Single Family in Los Angeles is $1,883,735.
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