15-Unit Apartment
New
For Sale
$1,900,000
259 E 41st Pl, Los Angeles, CA 90011
Residential Income, Los Angeles, CA
Property Size4,828 SF
Lot Size0.15 Acres
Price / SF$393.54
Days on Market2
Property Features for 259 E 41st Pl
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LARD2
Bathrooms
15
Full bathrooms
1
Rooms
Bathroom 4, Bathroom 6, Bathroom 7, Bathroom 13, Bathroom 3, Bathroom 11, Bathroom 5, Bathroom 10, Bathroom 15, Bathroom 1, Bathroom 9, Bathroom 14, Bathroom 2, Bathroom 8, Bathroom 12
Parking
1
Directions
Located across the street from Gilbert Lindsay Recreation Center and Harmony Missionary Baptist Church.
Subdivision
Downtown L.A.
Standard status
Active
APN
5113-024-019
Size
4,828 SF
Lot size
0.15 Acres
Building Details
Year built
1947
Floors in Building
2
Number of units
15
Listing Agency:
Compass
(310) 230-5478
Listed By:
Max Berger · License #02054048
(818) 321-4972
Added: Oct 7
Last Checked: Oct 8 at 12:06AM
MLS# 26997915
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1947, this 15-unit apartment property contains studio units and an accessory dwelling unit. The building totals approximately 4,828 square feet on a 6,551-square-foot street-to-street lot and is zoned LARD2. A paved courtyard, hedges, palm landscaping, and stucco exterior define the common areas. Select units have wood-style flooring, refreshed kitchens and bathrooms, ceiling fans, and updated finishes.
The property is approximately 1.5 miles from USC and Exposition Park, near the LA Memorial Coliseum, BMO Stadium, the Natural History Museum of Los Angeles County, and the California Science Center. Gilbert W. Lindsay Recreation Center is across the street.
Electricity is master-metered, while gas is separately metered. The ADU has separate gas, electricity, and water meters. Current performance is reported at a 7.27% CAP and 8.11 GRM; projected-rent performance is an 8.64% CAP and 7.25 GRM.
The property is approximately 1.5 miles from USC and Exposition Park, near the LA Memorial Coliseum, BMO Stadium, the Natural History Museum of Los Angeles County, and the California Science Center. Gilbert W. Lindsay Recreation Center is across the street.
Electricity is master-metered, while gas is separately metered. The ADU has separate gas, electricity, and water meters. Current performance is reported at a 7.27% CAP and 8.11 GRM; projected-rent performance is an 8.64% CAP and 7.25 GRM.
Key Highlights
- 15 studio units, including an accessory dwelling unit
- Approximately 4,828 square feet on a 6,551‑square‑foot street‑to‑street lot
- Built in 1947; zoned LARD2
Property Analytics
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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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Studio apartments are arranged around a landscaped courtyard, and select units feature 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, including an accessory dwelling unit; Approximately 4,828 square feet on a 6,551‑square‑foot street‑to‑street lot; Built in 1947; zoned LARD2
