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715 E 41st Pl Los Angeles, CA, 90011
$850,000 $49,000 Land for sale 0.17 acres
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
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Property details
7,320 sqft interior area
View
City Lights, Other
Land area
7,320 sqft (0.17 acres)
Price per sqft
$116/sqft
Days on Verhouse
110
Address
715 E 41st Pl, Los Angeles, CA, 90011
City of California
Los Angeles
County
Los Angeles
Previous price
$899,000
District
Listing
Virtual Tour
Zoning
LARD
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No upcoming open houses
Listed by
Elizabeth Maddox, Myunits.com Inc.
Name
Elizabeth Maddox
License number
01921425
Brokerage company
Myunits.com Inc.
MLS #
CRBB24017572
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Mortgage
$2,610
Taxes
$0
HOA dues
$0
Mortgage
$170,000 / 20%
2.28%
30 years
Your amount
$2,610 / month
Lot details
TMK #5115001028
Parcel #
5115001028
90011 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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High school
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Local airport
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no data
People living in 90011
44%
Families with children
National average: 39%
47%
Non family households
811,671
Population
$55,934
Average Income
Age & gender
Median age 33 years
More info
Commute types
61% commute by car
More info
Education level
39% have not graduated education
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Number of employees
1% work in manufacturing
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Vehicles available
38% have 1 vehicle
More info
Vehicles by gender
38% have 1 vehicle
More info
Housing market insights for
$805.75k
Neighborhood average
sales price*
sales price*
$685k
Neighborhood median
sales price*
sales price*
435
Number
of sales*
of sales*
Housing type
32% are apartments
More info
Rooms
35% of the houses have 4 or 5 rooms
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Bedrooms
46% have 2 or 3 bedrooms
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Owners vs Renters
81% are renters
More info
11.5 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Location Details, Documents & Disclosures
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Directions to property
Heading North on Avalon Blvd ma
Price history
Price Decrease Apr 2, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 2, 2024 | Price Decrease | $850,000 -5.45% | 116.12 | MLS #CRBB24017572 |
| Mar 6, 2024 | Price Decrease | $899,000 -5.37% | 122.81 | MLS #CRBB24017572 |
| Jan 29, 2024 | New Listing | $950,000 | 129.78 | MLS #CRBB24017572 |
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Frequently Asked Questions about 715 E 41st Pl
What is 715 E 41st Pl?
715 E 41st Pl is a lot of 0.17 acres (about is 7,320 sqft).
What is the full address of this Land?
715 E 41st Pl, Los Angeles, CA, 90011.
Tell me about the point of interest nearby
The closest grocery stores are Northgate Supermarket, 1.4 miles away and Cal Mart Beer & Wine Food Store, 1.46 miles away.
Based on information from the bridgeMLS as of 05-17-2024. 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. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 29, 2024
Verhouse Last checked less than a minute ago
The closest grocery stores are Northgate Supermarket, 1.4 miles away and Cal Mart Beer & Wine Food Store, 1.46 miles away.
The 90011 zip area has a population of 811,671, and 44% of the families have children. The median age is 33.16 years and 61% commute by car. The most popular housing type is "apartment" and 81% is renter.
