811 W 40thLos Angeles, CA 90037

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.

Property Information

Property type

Residential Income

Sub-type

Quadruplex

Year built

1916

Stories

2

Building area

4,520 Sq Ft

Lot size

0.13 acres

Days on market

34

MLS^® Listing#

PW26210075

Property Features

Cooling

None

Heating

Wall Furnace

Fireplace

None

Pool

None

Laundry

None

Lot features

Near Public Transit

Roof

Composition · Shingle

Sewer

Public Sewer

Water source

Public

Parcel number

5019001015

Directions

just south of Memorial Coliseum