811 W 40th, Los Angeles, CA 90037
- $1,150,000
- List Price
- $1,150,000
- Status
- COMING SOON
- MLS#
- PW26210075
- Year Built
- 1916
- Lot Size
- 5,862
- Acres
- 0.13
- Lot Location
- Near Public Transit
- Days on Market
- 0
- Property Type
- Multifamily
- 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.
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Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- Roof
- Composition, Shingle
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $88,416
- Operating Expense
- 39937
Listing courtesy of Listing Agent: David Ramirez (dave@dcrealtypro.com) from Listing Office: Home Base Realty Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.