$1,029,000
-$70,000651 E 41st, Los Angeles CA 90011
Multi-Family (Triplex)
Property type
136 days
On market
$222
Price per sqft
3 cars
Garage
1940
Year built
7,553 sqft
Lot size
Open Houses
Overview
Excellent value-add 3-unit multifamily investment in Los Angeles with strong in-place income and upside potential. The property features three (3) spacious 2-bedroom / 1-bath units with approximately 4,626 square feet of building area on an approximately 7,551 square foot lot. Current rents are below market, with estimated market and voucher rents of approximately $2,887...
Listing provided by: Brent Gong DRE #01329530, Coldwell Banker Realty
Listing updated: Feb 4, 2026 at 07:08pm.
Last checked: Jun 5, 2026 at 08:31pm
Source: CRMLS #SR26010787
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | 1 | $2,600 | $2,600 | $2,887 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,400 | $2,400 | $2,887 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,440 | $1,440 | $2,887 | Unfurnished |
# of Buildings: 2
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 0
Rent Control: Yes
Units Leased: 3
Total Actual Rent: $6,440
Financial Snapshot
Gross Rent Multiplier
13.3x
List Price / Annual Gross Rent
Cap Rate
6.75%
NOI / List Price
Gross Scheduled Income: $77,280
Operating Expense: $7,800
Net Operating Income: $69,480
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $1,800
Trash: $0
Water / Sewer: $6,000
Interior
Laundry: Washer Hookup, Gas Dryer Hookup
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: One Common Wall
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 3
Uncovered Spaces: 8
Parking Total: 11
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5115002020
Additional Parcels: No
Tax Lot: 64
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Urban
Nearby Schools
Nearby schools around the 651 E 41st, Los Angeles, CA 90011. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$823,200
Total Interest
$1,049,946
Total Payment
$1,873,146
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$6,425
per month
Property History for 651 E 41st
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90011.
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