Property Details
About this Property
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. This is a true Value Add Opportunity!
MLS Listing Information
MLS #
CROC25262442
MLS Source
California Regional MLS
Days on Site
1
Interior Features
Appliances
Garbage Disposal, Hood Over Range, Oven Range - Gas
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Composition
Foundation
Raised
Style
Traditional
Parking, School, and Other Information
Garage/Parking
Common Parking Area, Other, Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | 7 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
917 E 40th is a Residential Income in Los Angeles, CA 90011. This – square foot property sits on a 12,567 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $999,900 and was built in 1924. This address can also be written as 917 E 40th, Los Angeles, CA 90011.
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This listing information is up-to-date as of December 15, 2025. For the most current information, please contact Brian Noh, (213) 804-7647
