We investigate the young stellar objects (YSOs) in the Lynds 1641 (L1641) cloud using multi-wavelength data including Spitzer, WISE, the Two Micron All Sky Survey, and XMM covering similar to 1390 YSOs across a range of evolutionary stages. In addition, we targeted a sub-sample of YSOs for optical spectroscopy with the MMT/Hectospec and the MMT/Hectochelle. We use these data, along with archival photometric data, to derive spectral types, extinction values, masses, ages, and accretion rates. We obtain a disk fraction of similar to 50% in L1641. The disk frequency is almost constant as a function of stellar mass with a slight peak at log(M-*/M-circle dot) approximate to -0.25. The analysis of multi-epoch spectroscopic data indicates that the...