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651 E 41st, 
Los Angeles, CA 90011

$1,150,000


Bed


Bath


4,626

Sq Ft


Multi-Family

Active

Listed by

Brent Gong

818-222-0023

Last updated:

January 23, 2026, 11:37 AM

MLS#

SR26010787

Source:

CRMLS

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About This Home

651 E 41st

Excellent value-add 3-unit multifamily investment in Los Angeles with strong in-place income and upside potential. The property features three (3) spacious 2-bedroom / 1-bath units with approximately 4,626 square feet of building area on an approximately 7,551 square foot lot. Current rents are below market, with estimated market and voucher rents of approximately $2,887 per unit. One unit is anticipated to be delivered vacant at close, providing flexibility for a new owner to establish market rent or pursue an owner-user strategy. Recent capital improvements include a newer roof and newer windows, which may reduce near-term maintenance. All utilities are separately metered, contributing to efficient operations. On-site parking enhances tenant appeal. Additional value-add opportunity: An approximately 800 square foot garage, anticipated to be delivered vacant, may offer potential for conversion to an accessory dwelling unit (ADU), subject to buyer verification and approval by the City of Los Angeles / LADBS. Buyer to conduct their own investigations regarding zoning, permits, feasibility, and allowable uses. Well suited for investors, 1031 exchange buyers, and value-add operators seeking current income with future upside in a high-demand rental market.

Home Facts

Multi-Family

Built in 1940

Price Summary

1,150,000

$248 per Sq. Ft.

MLS #:

SR26010787

Last Updated:

January 23, 2026, 11:37 AM

Added:

24 day(s) ago


Rooms & Interior

Interior

Living Area:

4,626 Sq. Ft.


Structure

Structure

Building Area:

4,626 Sq. Ft.

Year Built:

1940


Lot

Lot Size (Sq. Ft):

7,553


Finances & Disclosures

Finances

Price:

$1,150,000

Price per Sq. Ft:

$248 per Sq. Ft.

Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.