602 W 40th Place Los Angeles, CA ^$ 1,699,999

602 W 40th Place

^$ 1,699,999

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602 W 40th Place

Los Angeles, CA, 90037

^$ 1,699,999

Studio Baths5.0 Sq 3,692

Monthly Estimate*

^$ 10,606

Listed by Victoria Premier Realty

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,699,999 with 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 unit has 4 bedrooms and 2 bathrooms on the first floor and 2 bedrooms and 1 bathroom on the 2nd floor. The second story rear unit was built in 2005 and has 4 bedrooms and 2 baths. Ideally located just steps from BMO Stadium and short walk to University of Southern California, Los Angeles Memorial Coliseum, and Natural History Museum of Los Angeles County. Whether you’re looking to generate rental income or create your dream home, 602 W 40th Place offers outstanding opportunity in one of LA’s most connected neighborhoods. Property will be delivered with tenants in all in all units. Tenants are current with rent.

Multi-Family Active

Price

^$ 1,699,999

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.155

Year Built

1908

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW25200288

Days on Market

105

Features

General

Sewer Public Sewer

Zoning LARD1.5

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1908

Stories Count 2

Levels Two

Property Subtype Triplex

Gross Income 75600

Community Features Urban

County Los Angeles

Net Operating Income 75600

Operating Expense 10000

Insurance Expense 3451

New Construction 0

Property Type Residential Income

HOA 0

Contingency Drive by only. Units have rent control. Please do not disturb the tenants This property is being SOLD-AS-IS no repairs or credits will be made by seller. Send your offer subject to interior inspection including POF and DU approval to juanitavprealty@gmail.com

Garage Y/N 0

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 onto W 40th Pl.

City Los Angeles

Entry Location first floor/1

Senior Community Y/N 0

Number Of Units Total 3

MLS Area C42 - Downtown L.A.

Lot Size Units Square Feet

Lot Size Square Feet 6752

Listing Terms Cash Cash to Existing Loan Conventional FHA

Spa Features None

Property Attached Y/N 1

Land Lease Y/N 0

Trash Expense 2160

Water Sewer Expense 5250

Additional Parcels Y/N 0

Rent Control Y/N 1

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 42

Property Sub Type Additional Triplex

Interior

Fireplace Features None

Total Stories 2

Common Walls 2+ Common Walls

Fireplace Y/N 0

Laundry Features None

Entry Level 1

Exterior

Lot Features 0-1 Unit/Acre

Water Source Public

Total Parking 0

Lot Size Area 6752

Number of Buildings 2

Spa 0

Building Area Total 3692

Lot Size Acres 0.155

Private Pool 0

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

* Excluded Features

List By

Victoria Premier Realty

Broker

juanitavprealty@gmail.com

Affordability Calculator

$10,606

Per Month

Monthly Principal & Interest: $10,606
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% 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 ^$1,899,360

Percent of Sale Price 12%

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.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$1,699,999		Listed Price

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602 W 40th Place, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $1,699,999 with 3,692 sqft and a lot size of 0.155. 602 W 40th Place is a studio with 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 6.375% 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 12/16/2025. 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

Multi-Family Home for sale in Los Angeles, CA

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