917 E 40th, Los Angeles, CA 90011

Los Angeles
Local realty services provided by:ERA Carlile Realty Group
917 E 40th,Los Angeles, CA 90011
$950,000
  • - Beds
  • - Baths
  • 3,600 sq. ft.
  • Multi-family
  • Pending
Listed by: brian noh
Office: nohco real estate213-804-7647
MLS#:OC26029405
Source:CRMLS

Price summary

  • Price:$950,000
  • Price per sq. ft.:$263.89

About this home

Only $75/sf land with huge upside. Value Add Opportunity! This fully occupied 7 unit multifamily property is comprised of four separate buildings on a big 12,567sf lot zoned RD1.5. All the units are currently tenant occupied w/ good rent histories, no delinquencies, and the property offers huge upside in the rents allowing for a local and/or savvy investor to create value and maximize rents. Built in 1924, this property totals 3,600sf in size and offers a solid unit mix with (7) 2 bed/1 bath bungalow style units each with a decent layout, full kitchen & bath, roomy bedrooms, washer/dryer hookups, and some private patio area. On a large 0.29acre double size lot, there are two driveways w/ a total of 10 open parking spaces to provide ample use by tenants & guests. Well located in Los Angeles near Downtown, Crypto Arena, & close proximity to USC and the 110 Freeway. Terrific Opportunity!

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Home facts

  • Year built:1924
  • Listing ID #:OC26029405
  • Added:81 day(s) ago
  • Updated:May 03, 2026 at 07:40 AM

Rooms and interior

  • Flooring:Carpet, Tile
  • Kitchen Description:Dishwasher, Disposal, Gas Range
  • Living area:3,600 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Roof:Composition
  • Year built:1924
  • Building area:3,600 sq. ft.
  • Lot area:0.29 Acres
  • Lot Features:Landscaped
  • Architectural Style:Traditional
  • Construction Materials:Stucco
  • Foundation Description:Raised
  • Levels:1 Story

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$950,000
  • Price per sq. ft.:$263.89

Features and amenities

  • Appliances:Dishwasher, Disposal
  • Amenities:All Bedrooms Down, Carbon Monoxide (CO2) Detector, Ceiling Fans, Water Heater

Parking

  • Total parking spaces:10
  • Parking description:On Site, Uncovered
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