Two-Unit
1231 W 41st Pl, Los Angeles, CA 90037
For Sale
New
$875,000
Each level has two bedrooms, a full bathroom, and a kitchen.
Property Size2,238 SF
Lot Size0.15 Acres
Price / SF$390.97
Days on Market5
Property Features for 1231 W 41st Pl
General Information
Standard status
Size
Lot size
Property subtype
Property Condition
Severity
Evidence
Site & Location
Neighborhood
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Pamilton Properties
Listed By:
Jamal Maxwell · License CA #02230520
Source:
Jademillsestates
Added: Nov 11
Changed: Nov 14
Last Checked: Nov 14 at 2:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pamilton Properties
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Investment Insights
Based on property information with market context.
Built in 1911, this Los Angeles duplex contains approximately 2,238 square feet of living area. Its two levels each provide two bedrooms, one full bathroom, and a kitchen, for a total of four bedrooms, two bathrooms, and two kitchens. The property occupies a 6,316-square-foot lot and may require cosmetic work and updating.
The address is 1231 W 41st Pl in Los Angeles. Major freeways, shopping, dining, public transportation, and neighborhood amenities are cited among the surrounding conveniences.
The address is 1231 W 41st Pl in Los Angeles. Major freeways, shopping, dining, public transportation, and neighborhood amenities are cited among the surrounding conveniences.
Key Highlights
- Two levels, each with 2 bedrooms, 1 full bathroom, and a kitchen
- Approximately 2,238 square feet of living space
- 6,316‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,392
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$747,840
$747.8K
Cap Rate 7%
$534,171
$534.2K
Cap Rate 9%
$415,467
$415.5K
Market Conditions
NOI Build-Up for 2,238 SF
Gross rent
$54.8K $24.48/SF
− Vacancy
−$1.4K −$0.61/SF
EGI
$53.4K $23.87/SF
− OpEx
−$16.0K −$7.16/SF
NOI
$37.4K $16.71/SF
Area
ZIP 90037
Vacancy
2.50%
Lease Rate
$24.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$747,840
Cap Rate 7%
$534,171
Cap Rate 9%
$415,467
Alternative Uses
Best Use
Multifamily LT 5
$534.2K
$467.4K – $623.2K
NOI $37,392 @ 7.0% cap · market cap 4.27%
Second Best
Apartment 5plus
$474.8K
$415.4K – $553.9K
NOI $33,234 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$876.9K
$767.3K – $1.02M
NOI $61,385 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,152
Businesses Nearby
Explore this area
Business Placement
Demographics for 90037, CA
63,706
Population
18,709
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
54%
High-School Grad
2.9 sq mi
ZIP Area
21,968
Density / Sq Mi
$56,417
Median Household Income
$29,857
Median Earnings
$1,438
Median Rent
$632,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Los Angeles, CA
Properties on Market for Duplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each level has two bedrooms, a full bathroom, and a kitchen.
Where is this duplex located?
The property is located at 1231 W 41st Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Two levels, each with 2 bedrooms, 1 full bathroom, and a kitchen; Approximately 2,238 square feet of living space; 6,316‑square‑foot lot
