Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractSingleFamilyResidence

711 W 41st Street

Los Angeles, CA, 90037

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$699,999

MLS: 26637149

Beds

6

Baths

3

Sq Ft

1,958

Lot

0.12 ac

Year Built

1925

MLS #

26637149

Days on Market

90

Listed

Jan 15, 2026

Description

Well-kept income property featuring two separate dwellings on a single lot, with a proven rental track recordperfect for an owner-occupant who wants to live in one unit and rent the other, an investor, or an extended/multi-generation household. The front home includes 4 bedrooms and 2 bathrooms; the rear unit is currently used as 2 bedrooms and 1 bathroom. Major systems were upgraded in 2012, with new copper plumbing, modernized electrical, and a newer roof. Fresh exterior paint in 2025 enhances curb appeal and helps protect long-term maintenance. The property is tenant-occupied with reliable renters currently in place. Ideally situated close to the upcoming Lucas Museum of Narrative Art, California Science Center, Natural History Museum of Los Angeles County, California African American Museum, Exposition Park Rose Garden, USC Fisher Museum of Art, USC, and a nearby Metro subway station. The back unit may be delivered vacant at closing.

Location

Los Angeles, Los Angeles County, CA 90037

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Listed by: Cyndy Nguyen · Coldwell Banker Realty

Payment estimate

$5,162

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $70,000 · Loan: $629,999

%
Principal & Interest
$3,871
Property tax (1.25%)
$729
Homeowners insurance
$300
Mortgage insurance
$262
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $24,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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