15-Unit Studio Apartment
New
For Sale
$1,900,000
259 E 41st Pl, Los Angeles, CA 90011
A courtyard-centered layout combines studio residences with an accessory dwelling unit and select refreshed interiors.
Property Size4,828 SF
Lot Size0.15 Acres
Price / SF$393.54
Days on Market7
Property Features for 259 E 41st Pl
General Information
Standard status
Active
Size
4,828 SF
Lot size
0.15 Acres
Property subtype
MULTI_FAMILY
Financials
Asking Price
$1,900,000
Cap Rate
7.27%
Gross Income
$234,300
Gross Rent Multiplier
8.11
Units
Unit Mix
15 x studio
Multifamily Units
15
Additional Details
Utilities to Site
Yes
Building Details
Building Size
4,828 SF
Year Built
1947
Listing Agency:
Compass
Listed By:
Max Berger · License #02054048
(310) 230-5478
Source:
Rochellemaize
Added: Oct 7
Changed: Oct 10
Last Checked: Oct 11 at 10:31AM
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 Compass
Investment Insights
Based on property information with market context.
This 15-unit apartment property contains studio residences and an accessory dwelling unit across approximately 4,828 square feet, including the ADU. Built in 1947, the building sits on a 6,551-square-foot street-to-street lot and is arranged around a paved courtyard with mature hedges and palm landscaping. Select units have updated kitchens and bathrooms, wood-style flooring, ceiling fans, and refreshed finishes. Electricity is master-metered, while gas is separately metered; the ADU has separate meters for gas, electricity, and water.
The property is approximately 1.5 miles from USC and Exposition Park. Gilbert W. Lindsay Recreation Center is directly across the street, with Harmony Missionary Baptist Church nearby. USC-area destinations include the LA Memorial Coliseum, BMO Stadium, the Natural History Museum of Los Angeles County, and the California Science Center.
The property is approximately 1.5 miles from USC and Exposition Park. Gilbert W. Lindsay Recreation Center is directly across the street, with Harmony Missionary Baptist Church nearby. USC-area destinations include the LA Memorial Coliseum, BMO Stadium, the Natural History Museum of Los Angeles County, and the California Science Center.
Key Highlights
- 15 studio units plus an ADU
- Approximately 4,828 square feet, including the ADU, on a 6,551‑square‑foot lot
- Built in 1947; street‑to‑street parcel with a central paved courtyard
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
15
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,723
Businesses Nearby
Explore this area
Business Placement
Demographics for 90011, CA
102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - A courtyard-centered layout combines studio residences with an accessory dwelling unit and select refreshed interiors.
Where is this apartment building located?
The property is located at 259 E 41st Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 15 studio units plus an ADU; Approximately 4,828 square feet, including the ADU, on a 6,551‑square‑foot lot; Built in 1947; street‑to‑street parcel with a central paved courtyard
