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Sold for $1,499,000
  • Listed by: Edgestone Real Estate, Inc. • Matias Stofenmacher • Contact: 818-464-5707
    Bought with: The Real Brokerage, Inc.
    $1,499,000

    873 W 41st Dr, Los Angeles, CA 90037

    12beds
    8baths
    4,176sqft
    Quadruplex
    Built in 1920
    -- sqft lot
    $1,499,000 Zestimate®
    $359/sqft
    $2,362 Estimated rent

    Home value

    $1,499,000

    $1.36M - $1.65M

    $2,362/mo

    Zestimate® history
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    $9,604/mo

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    What's special

    Exceptional 4-unit multifamily investment on a prominent corner lot in the heart of Los Angeles, directly across from Menlo Avenue Elementary School. The property features a brand-new roof (2025) and two meticulously remodelled and vacant 3-bedroom/2-bath units with all updated electrical and plumbing, ideal for immediate lease-up or owner occupancy. Two additional (and also remodelled) 3-bedroom/1.5-bath units are tenant-occupied near market rent, with RUBS provisions in place to pass through ALL utility costs. The 4,176 sq ft building sits on a 6,450 sq ft lot and offers over eight off-street parking spaces. Recent upgrades, including plumbing and electrical upgrades, the new roof and completed termite clearance, make this a TURNKEY asset. Located minutes from BMO Stadium, Exposition Park, the LA Coliseum, USC, public transportation, shops, and restaurants, this property combines strong current income with clear rental upside in a high-demand Los Angeles location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matias Stofenmacher DRE #01705003 818-464-5707,

    Edgestone Real Estate, Inc.,

    Sebastian Stofenmacher DRE #01328684,

    Edgestone Real Estate, Inc.

    Bought with:

    Fransisco Vizcarra, DRE #01959351

    The Real Brokerage, Inc.

    Source: CRMLS,MLS#: PW25176666MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 8
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 4,176
    • Total interior livable area: 4,176 sqft

    Property

    Parking
    • Total spaces: 8
    • Uncovered spaces: 8
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 6,450 Square Feet
    • Features: Corner Lot, Rectangular Lot
    Details
    • Parcel number: 5019003001
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $359/sqft
    • Tax assessed value: $296,168
    • Annual tax amount: $4,226
    • Date on market: 8/6/2025
    • Cumulative days on market: 23 days
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    2/19/2026Listing removed$3,000$1/sqft
    Source: CRMLS #PW25258503 Report a problem
    12/18/2025Price change$3,000-6.3%$1/sqft
    Source: CRMLS #PW25258503 Report a problem
    12/6/2025Price change$3,200-5.9%$1/sqft
    Source: CRMLS #PW25258503 Report a problem
    12/1/2025Price change$3,400-2.9%$1/sqft
    Source: CRMLS #PW25258503 Report a problem
    11/24/2025Price change$3,500-7.9%$1/sqft
    Source: CRMLS #PW25258503 Report a problem
    11/11/2025Listed for rent$3,800$1/sqft
    Source: CRMLS #PW25258503 Report a problem
    10/27/2025Sold$1,499,000+2.7%$359/sqft
    Source: CRMLS #PW25176666 Report a problem
    9/5/2025Pending sale$1,460,000$350/sqft
    Source: CRMLS #PW25176666 Report a problem
    8/25/2025Listed for sale$1,460,000$350/sqft
    Source: CRMLS #PW25176666 Report a problem
    8/19/2025Pending sale$1,460,000$350/sqft
    Source: CRMLS #PW25176666 Report a problem
    8/6/2025Listed for sale$1,460,000$350/sqft
    Source: CRMLS #PW25176666 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,226 +2.1%$296,168 +2%
    2024$4,137 +1.6%$290,361 +2%
    2023$4,072 +4.2%$284,668 +2%
    2022$3,907 +1.9%$279,088 +2%
    2021$3,835 -0.8%$273,617 +1%
    2020$3,864 $270,813 +2%
    2019$3,864 +7.7%$265,504 +2%
    2018$3,590 $260,299 +2%
    2017$3,590 +1.9%$255,197 +2%
    2016$3,521 +3.7%$250,194 +1.5%
    2015$3,396 +0.1%$246,437 +2%
    2014$3,391 $241,611 +2.5%
    2012-- $235,805 +2%
    2011-- $231,182 +0.8%
    2010-- $229,455 -0.2%
    2009-- $230,001 +2%
    2008-- $225,492 +2%
    2007-- $221,072 +2%
    2006-- $216,738
    2005-- $216,738 +4%
    2004-- $208,323 +1.9%
    2003-- $204,506 +2%
    2002-- $200,497 +4%
    2000-- $192,713
    Find assessor info on the county website

    Neighborhood: South Los Angeles

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,499,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,499,000