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For Sale

$1,150,000

5,863 sqft$196/sqft43 days on market

811 W 40th PL

Los Angeles, CA 90037

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

5,863

Square feet

1916

Built

Listing narrative

Description

Unlock incredible rental potential with this expansive multi-family property located at 811 W 40th Pl. in the heart of Los Angeles. Boasting a massive 4,250 square feet of interior living space on a LAR3-zoned lot, this 4-unit configuration features two 3BR units, and two 2BR units. Situated just minutes from the University of Southern California (USC), the LA Coliseum, and Exposition Park museums, it is positioned perfectly to attract long-term tenants, student housing, or neighborhood commuters. Clean, character-rich architectural bones from its 1916 origin provide an ideal foundation for a value-add renovation or optimization for maximum market rent. Currently one of the 3br's is vacant, and a 2nd unit (2br) may be willing to vacate as well. Whether you are looking to expand your rental portfolio or execute a premier value-add project in Metro LA, this property is ready for its next chapter.

Listing agent (MLS): David Ramirez · Listing brokerage (MLS): Home Base Realty Inc

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,150,000

Beds

Beds n/a

Type

House

Home Size

5,863 sqft

Baths

Baths n/a

Lot Size

0.13 acres

Year

1916

Status

For Sale

Days on Market

43

$ / Sqft

$196

· 8% down, 7% APR, 30yr fixed
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Courtesy of Home Base Realty Inc