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Stacey Alysson Melman

550 W 41st DR
Los Angeles, CA, 90037
$950,000
6 Beds
5 Baths
3,120 SqFt
0.16 Acres
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MLS #26989463 image #0
An appealing investment in the heart of Los Angeles, this five-unit income property pairs established rental income with a central location in an area of high rental demand near USC and the cultural attractions of Exposition Park. The property consists of a four-unit apartment building at 550 W 41st Dr and a separate single-family residence at 552 W 41st Dr, with all five units situated on one parcel under a single APN (5019-019-022). The property offers approximately 3,120 rentable square feet on a 6,763-square-foot lot with reported LARD1.5 zoning. Low-maintenance landscaping and no on-site laundry contribute to simpler upkeep and lower related expenses. Nearby destinations include the new Lucas Museum of Narrative Art, the Los Angeles Memorial Coliseum, and BMO Stadium, with proximity to venues associated with the Los Angeles 2028 Olympic Games. Convenient access to Metro, Downtown Los Angeles, and major freeways adds to the location’s appeal. An attractive consideration for portfolio buyers and investors pursuing a 1031 exchange. Property to be delivered fully occupied with tenants in place. Drive by only.
AGENT: Amber Martinez
LISTING BROKERAGE: Rodeo Realty- Brentwood
550 W 41st DR
Los Angeles, CA

Property Details

Price:
$950,000
MLS #:
26989463
Status:
Active
Beds:
6
Baths:
5
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
Sep 17, 2026
Finished Sq Ft:
3,120
Total Sq Ft:
3,120
Lot Size:
6,765 sqft / 0.16 acres (approx)
Year Built:
1921
Community GatedC42 – Downtown L.a.C42downtownla
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Schools

Interior

Cooling
Wall/Window Unit(s)
Laundry Features
None
Levels
Two

Exterior

Parking Features
Assigned
Parking Spots
5
Parking Total
5
Security Features
Gated Community
Stories
2

Financial

Gross Operating Income
$86,923
Net Operating Income
$65,726

Map

Community

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