811 W 40th, Los Angeles, CA 90037
811 W 40th, Los Angeles, CA 90037
811 W 40th, Los Angeles, CA 90037
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$1,150,000
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5,863 Sqft Lot
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811 W 40th Los Angeles, CA 90037

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

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

CRMLS Full IDX Feed (MAIN Website Search)
Listed by David Ramirez Home Base Realty Inc #01246949

NEARBY SCHOOL & BUSINESS

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Patrick Fossati

Patrick Fossati

Broker Associate License ID: 01907255

+1(805) 910-0463

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