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1471 1471 1/2 E 41st Place, Los Angeles, California 90011, Los Angeles, 90011 - 5 bed, 2 bath

1471 1471 1/2 E 41st Place, Los Angeles, California 90011 home-pic-0
ACTIVE$899,777
1471 1471 1/2 E 41st Place, Los Angeles, California 90011
5Beds
2Baths
2,000Sqft
4,829Lot
Year Built
1923
Close
-
List price
$900K
Original List price
$900K
Price/Sqft
$450
HOA
-
Days on market
-
Sold On
-
MLS number
MB25138793
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $899.8K(88th), sqft - 2000(50th), beds - 5(88th), baths - 2(73th).

Welcome to 1471 & 1471 1/2 E 41st Place, a well-maintained duplex offering strong rental income and sustainable living in a convenient Los Angeles location. This fully occupied property features two separate units, each with its own solar power system—fully paid off, providing long-term energy savings and increased tenant appeal. The front unit (1471) is a comfortable 2-bedroom, 1-bathroom residence, while the rear unit (1471 1/2) offers 3 bedrooms and 1 bathroom—both with functional layouts and desirable features. Both units are currently tenant-occupied and generating consistent, up-to-date rental income, making this a turnkey investment with cash flow from day one. Front unit have brand new windows which have been installed less than a year ago. Perfect for investors seeking a low-maintenance, income-generating property or buyers looking to live in one unit while collecting rent from the other. Located near schools, shopping, and major transportation routes, this duplex offers convenience and long-term value in a growing area. Don't miss this rare opportunity to own a income-producing duplex in the heart of the city!

Condition Rating
Fair
The property was built in 1923. The description mentions that the front unit has new windows installed less than a year ago. The images show the exterior is in fair condition. The kitchen and bathrooms are not shown in the images, so it is hard to assess their conditions. Given the age of the property, it likely requires minor updates or repairs.
Pros & Cons

Pros

Rental Income: The property is fully occupied and generates consistent rental income, offering immediate cash flow for investors.
Solar Power: Both units have fully paid-off solar power systems, providing long-term energy savings and increased tenant appeal.
New Windows (Front Unit): The front unit features new windows installed less than a year ago, enhancing energy efficiency and aesthetics.
Duplex Structure: The duplex structure allows for flexible living arrangements, either living in one unit and renting the other or renting out both units.
Location: Located near schools, shopping, and major transportation routes, offering convenience and long-term value in a growing area of Los Angeles.

Cons

Age of Property: Built in 1923, the property may require ongoing maintenance and potential upgrades due to its age.
Limited Information on Upgrades: Besides the new windows in the front unit, there is limited information on other recent upgrades or renovations, potentially requiring further investigation.
No Defined MLS Area: The MLS area is listed as '699 - Not Defined,' which may require additional research to understand the specific neighborhood characteristics and market trends.

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