For Sale Multi-Family MLS# PW26210075

811 W 40th

Los Angeles, CA 90037

$1,150,000

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About 811 W 40th

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.

Property details

Property

Type
Quadruplex
MLS type
Multi Family Home
Status
Active
Year built
1916
Stories
2
Living area
4,520 sqft
Price / sqft
$254
Lot
0.1346
Original price
$1,150,000
MLS #
PW26210075

Interior

Heating
Wall Furnace

Exterior & lot

Features
Parking spaces: 0
Roof
Composition, Shingle
Lot
5019001015

Schools

District
Los Angeles Unified School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Parcel
5019001015
Special conditions
Standard

Location

Area
C23 - Metropolitan
County
Los Angeles
Neighborhood
Voices Of 90037
Directions
just south of Memorial Coliseum

Ask about this property

Questions on 811 W 40th, Los Angeles, CA 90037, or want to see it in person?

Listed by David Ramirez, Home Base Realty Inc

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.