1110 -1112 W 40th Place, Los Angeles, CA 90037
Local realty services provided by:ERA Excel Realty
1110 -1112 W 40th Place,Los Angeles, CA 90037
$3,700,000
- 24 Beds
- 24 Baths
- 6,813 sq. ft.
- Multi-family
- Active
Listed by:mona yadegar
Office:christie's international real estate socal
MLS#:25611615
Source:CRMLS
Price summary
- Price:$3,700,000
- Price per sq. ft.:$543.08
About this home
Exceptional Turn-Key Income Property Near USC & Exposition ParkDiscover an outstanding investment opportunity just minutes from USC and Exposition Park. Built in 2023, this modern, turn-key property features 24 bedrooms and 24 bathrooms across two contemporary units, each thoughtfully designed for shared living. Every resident enjoys a private bedroom and bathroom with access to stylish shared kitchens and common areas, creating a highly desirable co-living environment.Currently leased to government-subsidized tenants, the property provides stable, guaranteed rental income with low operating expensesa rare combination for investors seeking reliability and ease of management. Given its prime location near USC Village, BMO Stadium, the LA Memorial Coliseum, the Lucas Museum, and multiple Metro E-Line stations offering direct access to Downtown LA and Santa Monica, the property also presents an exceptional opportunity for future conversion to student housing.Each unit showcases modern finishes, private balconies, and includes a two-car garage. With approximately 6,813 square feet of living space on a 6,405 square foot lot, this is a high-income, low-maintenance asset positioned in one of Los Angeles' most dynamic rental markets. Rent roll details for each individual bedroom are available upon request by contacting the listing agent.
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Home facts
- Year built:2023
- Listing ID #:25611615
- Added:2 day(s) ago
- Updated:November 01, 2025 at 01:22 PM
Rooms and interior
- Bedrooms:24
- Total bathrooms:24
- Living area:6,813 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
Structure and exterior
- Year built:2023
- Building area:6,813 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$3,700,000
- Price per sq. ft.:$543.08
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