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$ 1,150,000
Est. payment /mo
New
811 W 40th Los Angeles, CA 90037
5,863 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26210075
HOA Y/N No
Year Built 1916
Lot Size 5,863 Sqft
Property Sub-Type Quadruplex
Property 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.
Location
State CA
County Los Angeles
Area C23 - Metropolitan
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Urban
Roof Type Composition,Shingle
Private Pool No
Building
Lot Description Near Public Transit
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5019001015
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Listed by David Ramirez Home Base Realty Inc #01246949