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Closed
- Listed price
- $1,450,000
- Listed Jun 17, 2021
- Sold price
- $1,400,000
- Sold Sep 3, 2021
6,760 sqft lot|1924 Built|41 MLS days on market
187 W 41st Pl, Los Angeles, CA 90037
Property Description
187 W. 41st Pl is a highly desirable 6-Unit Multifamily Property located just steps from USC. All tenants are Section 8, offering any investor guaranteed monthly income! Offered at only $251/Sq. Ft, this value-add opportunity has nearly 30% upside in gross monthly income, once units are rented out for market rate. With a going-in cap rate of 5.05%, 187 W. 41st Pl is the perfect opportunity for any investor looking for immediate cash-flow, with strong upside! The subject property boasts a high-yielding unit mix of (4) 3-Bedroom + 1- Bath and (2) large 1-Bed + 1-Bath units. With 5,758 rentable Sq.Ft, these large units feature washer/dryer in unit, in-wall A/C and central heating. There is still plenty of room to grow the income, with a 8.26 Market CAP and 8.88 Market GRM. 187 W. 41 Pl is located just minutes from USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, Lucas Museum, Art's District, The Reef, Banc of California Stadium, and LA LIVE, as well as billions of dollars worth of development pouring into DTLA.
Listing agent: Cameron SamimiDRE #02035763teamsamimi@lyonstahl.com, Listing office: Lyon Stahl Investment Real Estate, Inc.
MLS data updated 11/3/2026, 8:03:08 AM PT
Source: CRMLSMLS #: SB21132335
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,400,000
Sep 3, 2021
Available records22021
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90037 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90037 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.