602 W 40th Place 3 Los Angeles, CA ^$ 1,799,999

602 W 40th Place 3

^$ 1,799,999

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602 W 40th Place 3

Los Angeles, CA, 90037

^$ 1,799,999

Bedrooms30 Baths5.0 Sq 3,692

Monthly Estimate*

^$ 12,574

Listed by Victoria Premier Realty

602 W 40th Place 3, Los Angeles, CA 90037 - Image 1

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602 W 40th Place 3, Los Angeles, CA 90037 - Image 8

602 W 40th Place 3, Los Angeles, CA 90037 - Image 9

602 W 40th Place 3, Los Angeles, CA 90037 - Image 10

602 W 40th Place 3, Los Angeles, CA 90037 - Image 11

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602 W 40th Place 3, Los Angeles, CA 90037 - Image 17

Multi-Family Home for sale in Los Angeles, CA

for $1,799,999 with 30 bedrooms and 5 full baths. This 3,692 square foot home was built in 1908 on a lot size of 0.155.

GREAT INVESTMENT OPPORTUNITY! This property offers the perfect combination of location and investment potential. This highly sought after property consist of three units. The front units has 4 bedrooms and 2 bathrooms on the first floor and 2 bedrooms and 1 bath on the 2nd floor. The 2 story rear unit was built in 2005 and has 4 bedrooms and 2 baths. Ideally located just steps from the BMO Stadium and a short walk to University of Southern California, Los Angeles Memorial Coliseum, and Natural History Museum of Los Angeles County. Property will be delivered with tenants in all units. Tenants are current with rent.

Multi-Family Active

Price

^$ 1,799,999

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Triplex

Lot Size

0.155

Year Built

1908

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW23162842

Days on Market

239

Features

General

Sewer PublicSewer

Zoning LARD1.5

HOA 0.0

Garage Spaces 0.0

Pool Features None

Year Built 1908

Stories 2

Levels Two

Unit Number 3

Property SubType Triplex

Gross Income 76000.0

Community Features Sidewalks Urban

County Los Angeles

Net Operating Income 76000.0

Operating Expense 10000.0

Insurance Expense 1500.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Take the I-110S/CA-110 N exit. Merge onto I-110 S. Take exit 20A for Martin Luther King Jr. Blvd toward Coliseum. Turn rignt onto Martin Luthern King Jr Blvd turn left onto S Figueroa St.. Turn right

City Los Angeles

Entry Location first floor

View Y/N N

Senior Community Y/N N

Total Units 3

MLS Area C42 - Downtown L.A.

Lot Size Square Feet 6750.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 40th

Listing Terms Cash CashtoNewLoan Conventional FHA

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 180

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 42

Property Sub Type Additional Triplex

Interior

Flooring Laminate Tile

Fireplace Features None

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Place

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Exterior

Parking Features OnSite

Water Source Public

Total Parking 0.0

Lot Size Area 6750.0

Number of Buildings 2

Spa N

Building Area Total 3692.0

Lot Size Acres 0.155

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 602

* Excluded Features

List By

Victoria Premier Realty

Broker

(310) 372-0911

Phone

Affordability Calculator

$12,574

Per Month

Monthly Principal & Interest: $12,574
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,000,821

Percent of Sale Price 11%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/2/2023	$1,799,999		Listed Price

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602 W 40th Place 3, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $1,799,999 with 3,692 sqft and a lot size of 0.155. 602 W 40th Place 3 has 30 bedrooms, 5.0 baths, and was built in 1908. The property's zip code is 90037 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/27/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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602 W 40th Place 3

Multi-Family Home for sale in Los Angeles, CA

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