715 E 41st Pl, USC Adj
USC Adj. RTI Land
USC/Expo Park Adj. SB-8 EXEMPT, NON-RENT CONTROLLED, 7,320 square foot flat lot, delivered with RTI plans for a fourplex featuring one 6B/6B SFR (with a 1st-floor flex room and private access), one 3B/3B ADU, and two 4B/4B townhomes with potential for additional ADUs. This property offers an exceptional development opportunity in a high-demand area with strong rental potential, and the flexibility to maximize returns through a mix of larger single-family and townhome units.
The Important
Details
List Price:
Property Type:
Status:
# Units:
Year Built:
Cap Rate:
GRM:
Gross Rent:
Bldg. SF:
Lot SF:
$/SF:
$/Unit:
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Rent Control:
$850,000
RTI Land
For Sale
4
2023
N/A
N/A
N/A
7,300 sqft
7,320 sqft
$116.12
N/A
1 x 6b/6b SFR, 1 x 3b/3b ADU, 2 x 4b/4b
No
9 Parking Spots + 1 Bonus Spot
No
Other Features:
SB-8 Exempt, Non Rent Controlled, Flat Lot
The Highlights
No rent control on the future project!
Delivered RTI!!! Get ready to build ASAP.
SB-8 EXEMPT!
Huge (7,320 SF) flat lot, ideal for a new construction project. Minimal land inventory of this size on the market.
Already demolished- saving money on demo costs!
Expertly designed plans that will be cost-effective to build. No steel beams, two-way cantelievers, non-aligning interior framing, etc. Massive cost savings.
There are 3 large flex rooms (450 sf+ ) with a private entrance and yard space. These rooms will generate additional rental income for the buyer.
9 legal parking spaces, plus 1 bonus spot: a whopping 10 spots!
Large Bedrooms designed for students: All units have bedroom sizes of 10' x 12' minimim that can accommodate both a queen size bed and a computer desk.
All units, including the flex rooms, have large usable private open spaces.
No relocations needed! Non-tenant occupied!
Located minutes from USC & Exposition Park.
A mix of large 6, 4 and 3 bedroom units, meaning maximum income.
The Neighborhood
<15-Minute Walk
Gilbert Lindsay Recreation Center, Cafe Calle, Bill's Taco House, Sonsonate Grill, Mother's Nutritional Center, Pizza Loca, Mi Bandera Pupusería, Harmony Elementary School, Gus Jr #1, McDonald's, Delicious at The Dunbar, KFC,
<15-Minute Drive
USC Campus, Trader Joes, Target, Rock & Reilly’s, USC Village, Study Hall, McKay’s, Greenleaf Kitchen & Cocktails, Moreton Fig, CAVA, Giardino Ristorante, The Lab Gastropub, Stout Burgers & Beers, Honeybird, Rosso Oros Pizzeria, City Tacos
<$15 Uber Ride
Crypto.com Arena, Los Angeles Convention Center, Microsoft Theater, JW Marriott Los Angeles L.A. LIVE, Arts District DTLA, Chinatown, Dodgers Stadium, Koreatown, The Wiltern, Regent Theater, The Moroccan Lounge, Clifton's Republic, Resident
Contact
Lauren Cearley
213.302.8662
Property Presented By:
