3 months on rocket

715 E 41st Pl, Los Angeles, CA, 90011

$850,000

0.17 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
ViewCity Lights, Neighborhood
MLS #BB24017572
Lot Size0.17 Acres
StatusActive

About 715 E 41st Pl

Developers, this is an excellent opportunity to build a new construction fourplex 10 minutes from USC and Exposition Park! 715 E 41st Pl is an SB-8 EXEMPT, NON-RENT CONTROLLED, 7,320 square foot flat lot that is being delivered with RTI plans for a fourplex featuring one 6 bedroom, 6 bathroom SFR (featuring a 1st floor flex room with private access), one 3 bedroom, 3 bathroom ADU, and two 4 bedroom, 4 bathroom townhomes that boast potential for ADU conversion due to added flex space with private entrances. This rare property boasts countless perks that will make this project a very successful one, including: 1. Cost-Saving Engineering: The plan is designed closely with the structural engineer to minimize construction cost. No steel beams, two-way cantilevers, non-aligning interior framing, etc. Major cost savings. 2. Demolition Already Complete: The existing home has already been demolished, meaning no hastle on demolition and over $50,000 in savings. Plus, no rent control on the future project. 3. Flex Rooms: There are 3 large flex rooms (450 sf+ ) with a private entrance and yard space that will be ideal for generating additional income. 4. Ample Parking: The plans boast 9 legal parking spaces and 1 bonus space, making for a whopping 10 spots. That's a major feature for tenants! 5. Large Bedrooms designed for students/master leases: All units have bedroom sizes of 10' x 12' minimum that can accommodate both a queen size bed and a computer desk. 6. Private Open Spaces: All units, including the flex rooms, have large usable private open spaces. With SB-8 exempt, 7,000 square foot+ lots being extremely rare these days, you'll want to jump on this opportunity fast!

Property Details

Property Features

Listing Office:

  • Office Name: Myunits.com Inc.
  • Office Phone: (818) 850-8485
  • Listing Agent: Elizabeth Maddox

Exterior Features

Exterior Information:

  • View: City Lights, Neighborhood

Virtual/3D Tour

  • Virtual Tour: 715 E 41st Pl

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

School Info

Assigned Schools Information:

  • Santee Education Complex, Public District Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Studio, Public District Grades 6-8
  • Wadsworth Avenue Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Heading North on Avalon Blvd make a right onto 41st Pl, property will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000

Tax Information:

  • Annual Amount: $990
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

715 E 41st Pl vs Los Angeles

90 DAYS ON ROCKET

+56 Days

$850,000

-$125.9K Less

KEY TAKEAWAY

This property is $125.9K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #BB24017572

Listing Office:

  • Office Name: Myunits.com Inc.
  • Office Phone: (818) 850-8485
  • Listing Agent: Elizabeth Maddox

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:55:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$990$67,950
2020$963$67,255
2019$897$65,937
2018$877$64,645
2017$877$63,378

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2792223
3
/10

  • Wadsworth Avenue Elementary School

  • 981 E 41st St

  • 0.31 miles

  • Public District Grades KG-5

school-card-donut-2792224
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 7.05 miles

  • Public Magnet Grades KG-6

school-card-donut-2792225
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 20.40 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-2792226
4
/10

  • Studio

  • 2211 W Avenue 30

  • 6.81 miles

  • Public District Grades 6-8

High School

school-card-donut-2792227
3
/10

  • Santee Education Complex

  • 1921 Maple Ave

  • 1.42 miles

  • Public District Grades 9-12

school-card-donut-2792228
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 3.55 miles

  • Public Magnet Grades 9-12

school-card-donut-2792229
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 18.61 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,472. Residents of Los Angeles, CA typically earn less than $35k each year. Residents typically live in married, with kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 715 E 41st Pl

What is the listing price of this property?

The listing price of 715 E 41st Pl property is $850,000.

What type of property is this?

The property 715 E 41st Pl is land located in Los Angeles, California, 90011.

Is this property for sale now?

Active Listing: 715 E 41st Pl is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 715 E 41st Pl are:
Wadsworth Avenue Elementary School: GreatSchools Rating 3/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
Santee Education Complex: GreatSchools Rating 3/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $990 (source: MLS/based on county public records data).

How much acreage is this property?

The property 715 E 41st Pl is 0.17 acres.
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Rocket Homes›California›Los Angeles County›Los Angeles›90011›715 E 41st Pl

This home is located at 715 E 41st Pl in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This home sits on a 0.17 acre lot. It has been listed on Rocket Homes since January 29, 2024 and is currently priced at $850,000.

Over 628 listings were sold over their listed price in March 2024 in Los Angeles, CA. In the same period over 579 listings were sold below the listed price and 196 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. Listings spent 34 days on the market in March 2024, and had a median list price of $975,970 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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