1220 E 40th Place Los Angeles, CA $ 599,000
1220 E 40th Place
$ 599,000
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1220 E 40th Place

Los Angeles, CA, 90011
$ 599,000
Bedrooms2 Baths1.0 Sq 1,080

Monthly Estimate*

$ 3,688

Listed by Keller Williams Realty
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Single Family Home for sale in Los Angeles, CA

for $599,000 with 2 bedrooms and 1 full bath. This 1,080 square foot home was built in 1904 on a lot size of 0.1198.

Investor / Developer Opportunity – Los Angeles (RD1.5-1 Zoning)* Property features a front single-family residence and a detached two-story rear structure in severely deteriorated condition. The rear building will likely require removal or major rehabilitation. Property is being sold **strictly as-is**. Seller will make no repairs and provide no credits. Zoned *RD1.5-1 (Restricted Density Multiple Dwelling – Height District 1) — this is not just single-family zoning. The zoning allows low-density multi-unit residential development potential (buyer to verify with the City of Los Angeles). Ideal for redevelopment, value-add, ADU configuration, or multi-unit investment strategy. Buyer to verify all permits and Zoning information. The interior offers a flexible floor plan with multiple enclosed rooms, creating a layout you can do a lot with depending on your needs. While tax records show 2 bedrooms, the property currently features several additional rooms with windows and exterior access (buyer to verify legality, permits, and use). The kitchen and bathroom have both been remodeled, providing immediate functionality while future plans are explored. Located directly across the street from the Historic Ralph Bunche residence — a location many investors have watched for years — offering strong long-term upside potential. Cash, hard-money, or renovation financing strongly recommended. *Safety Notice & Entry Warning:* The detached rear structure is in unsafe condition and may present serious hazards. *No person is permitted to enter the rear building prior to an accepted offer.** Access, if granted during escrow, will be coordinated through the listing agent and shall be at buyer and buyer’s representatives’ own risk and subject to a signed hold-harmless waiver. Seller and brokers make no representations regarding structural integrity or safety. Cameras are installed. Do not disturb occupants. Showings by appointment only.

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Single Family Active

Price

$ 599,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.1198

Year Built

1904

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SB26036667

Days on Market

2

Features
General
Living Area 1080
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Possession Close Of Escrow
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1904
View Neighborhood
Stories Count 1
Levels One
Property Subtype Single Family Residence
Community Features Street Lights Sidewalks
County Los Angeles
New Construction false
Property Type Residential
HOA false
Contingency None.
Garage Y/N false
Other Structures Outbuilding Two On A Lot
Full Baths 1
Special Listing Conditions Trust
Status Active
Directions I-110 Slauson Ave exit east turn left (north) on Compton Ave then right on E 40th Pl on your right.
City Los Angeles
Disclosures Death On Property < 3 yrs
Entry Location 1
Senior Community Y/N false
High School District Los Angeles Unified
Number Of Units Total 1
MLS Area C34 - Los Angeles Southwest
Lot Size Units Square Feet
Lot Size Square Feet 5220
Listing Terms Cash Contract Submit
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Property Condition Additions/Alterations
Additional Parcels Y/N false
Lease Considered Y/N true
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Year Built Source Public Records
Tax Lot 34
Property Sub Type Additional Single Family Residence
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Interior
Interior Amenities Ceiling Fan(s) Recessed Lighting All Bedrooms Down Utility Room
Fireplace Features Living Room
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Laundry Features Inside Laundry Room
Total Bedrooms 2
Entry Level 1
Main Level Bedrooms 2
Main Level Bathrooms 1
Total Baths 1
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Exterior
Parking Features Driveway
Lot Features Front Yard
Water Source Public
Total Parking 0
Lot Size Area 5220
Spa false
Lot Size Acres 0.1198
Private Pool false
Lot Size Source Assessor
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* Excluded Features
List By
Keller Williams Realty

Broker

matthews.katrina@gmail.com

Email

Affordability Calculator

$3,688
Per Month
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Monthly Principal & Interest
$3,688
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Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
2/21/2026 $599,000 Listed Price

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1220 E 40th Place, Los Angeles, CA, 90011 is a Single Family Home for sale at $599,000 with 1,080 sqft and a lot size of 0.1198. 1220 E 40th Place has 2 bedrooms, 1.0 baths, and was built in 1904. The property's zip code is 90011 which is in Los Angeles, CA