1583 E 41st Street, Los Angeles, California 90011, Los Angeles, - bed, bath

home-pic
ACTIVE$955,000
1583 E 41st Street, Los Angeles, California 90011
8Beds
5Baths
2,420Sqft
4,403Lot
Year Built
2019
Close
-
List price
$955K
Original List price
$955K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
25586971
Home ConditionExcellent
Features
View

About this home

Unlock Your Investment Potential! A Modern Duplex in Prime Los Angeles. Seize this incredible opportunity to own a high-yield, two-unit duplex in a thriving Los Angeles neighborhood on 41st St and Morgan Ave. Perfect for savvy investors, first-time homebuyers seeking an income stream, or anyone looking to expand their portfolio. This property features two distinct, fully-equipped units, both built in 2019 and qualifying for Section 8, providing a stable and reliable income source.* Front Unit: A charming 4-bedroom (100sqft), 2-bathroom home with a 1-car garage. Thoughtfully designed with efficient layouts, this unit maximizes every square foot to create a comfortable living space. A dedicated laundry area adds convenience.* Back Unit: A spacious 4-bedroom, 3-bathroom residence with a generous 2-car garage. The bedrooms offer a variety of sizes, ranging from 100 to 160 sq ft, accommodating diverse needs. This unit also includes its own in-home laundry area. With a total living area of 2,450 sq ft and a total building size of 2,950 sq ft (including the combined 500 sq ft of garage space), this property sits on a sizable 4,403 sq ft lot. The strategic use of space provides a high bedroom count, making it an attractive option for tenants and maximizing rental income. This isn't just a property; it's a proven income generator. Don't miss your chance to own a piece of the Los Angeles real estate market.

Nearby schools

4/10
Nevin Avenue Elementary School
Public,K-50.2mi
4/10
Ascot Avenue Elementary School
Public,K-50.4mi
3/10
Wadsworth Avenue Elementary School
Public,K-50.7mi
2/10
Harmony Elementary School
Public,K-50.8mi
3/10
Sally Ride Elementary: A Smart Academy
Public,K-50.8mi
4/10
Quincy Jones Elementary School
Public,K-51.0mi
2/10
Holmes Avenue Elementary School
Public,K-61.0mi
2/10
Hooper Avenue Elementary School
Public,1-51.0mi
5/10
Twentieth Street Elementary School
Public,K-51.0mi
3/10
Twenty-Eighth Street Elementary School
Public,K-51.1mi
2/10
Aurora Elementary School
Public,K-51.1mi
2/10
Forty-Ninth Street Elementary School
Public,K-51.2mi
5/10
Lillian Street Elementary School
Public,K-61.6mi
5/10
Pacific Boulevard School
Public,K-51.8mi
5/10
Estrella Elementary School
Public,K-52.0mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,6-80.5mi
6/10
Vernon City Elementary School
Public,K-70.9mi
3/10
George Washington Carver Middle School
Public,6-80.9mi
3/10
Los Angeles Academy Middle
Public,6-81.5mi
3/10
Thomas A. Edison Middle School
Public,6-81.9mi
3/10
Henry T. Gage Middle School
Public,6-82.5mi
3/10
Nava College Preparatory Academy
Public,9-120.3mi
2/10
Thomas Jefferson Senior High School
Public,9-120.3mi
5/10
Santee Education Complex
Public,9-121.7mi
4/10
Huntington Park Senior High School
Public,9-122.1mi
5/10
STEM Academy of Boyle Heights HS
Public,9-122.8mi
5/10
Felicitas And Gonzalo Mendez High
Public,9-123.0mi
3/10
John C. Fremont Senior High School
Public,9-123.0mi

Price History

Date
Event
Price
08/01/25
Listing
$955,000
06/15/17
Sold
$232,000
09/14/05
Sold
$375,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (31 Listings)
Beds83
94%
Baths52
94%
Square foot2,4201,219
91%
Lot Size4,4035,148
34%
Price$955K$550K
94%
Price per square foot$395$498
28%
Built year20199555956
100%
HOA
Days on market96194
9%
Condition Rating
Excellent

This property was built in 2019, making it only 5 years old. The images confirm a virtually new condition with modern finishes throughout. The bathrooms feature contemporary vanities, vessel sinks, and stylish subway tiling. Flooring is consistent wood-look laminate, and all visible fixtures, including ceiling fans and laundry appliances, appear new and up-to-date. The overall aesthetic is clean, modern, and requires no immediate renovations, aligning perfectly with the 'Excellent' criteria for a property built within the last 10 years with minimal physical depreciation.
Pros & Cons

Pros

Modern Construction: Built in 2019, the property offers modern construction standards, reducing immediate maintenance concerns and appealing to contemporary tenants.
High-Yield Duplex Configuration: Features two distinct units (4-bed/2-bath and 4-bed/3-bath) providing a total of 8 bedrooms and 5 bathrooms, maximizing rental income potential and offering flexibility for investors or owner-occupants.
Section 8 Qualification: Both units qualify for Section 8, ensuring a stable and reliable income stream, which is highly attractive for investors seeking consistent returns.
Prime Los Angeles Location: Situated in a thriving Los Angeles neighborhood (C42 - Downtown L.A. area), indicating strong rental demand and potential for property value appreciation.
Dedicated Garages & In-Home Laundry: Each unit includes its own dedicated garage (1-car and 2-car respectively) and in-home laundry area, significantly enhancing tenant convenience and appeal.

Cons

Small Bedroom Sizes: The description notes bedroom sizes ranging from 100 to 160 sq ft, with the front unit's 4 bedrooms being 100 sq ft each, which may be considered small by some tenants and could limit appeal.
Limited Outdoor Space: With a total building size of 2,950 sq ft on a 4,403 sq ft lot, the property likely offers minimal private outdoor space, which can be a drawback for tenants seeking yard access or recreational areas.
Intensive Property Management: Managing a duplex with a high bedroom count (8 total) and Section 8 tenants can be more management-intensive, potentially requiring significant owner involvement or professional management costs.

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