725 E 40th Place Los Angeles, CA $ 849,995
725 E 40th Place
$ 849,995
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725 E 40th Place

Los Angeles, CA, 90011
$ 849,995
Baths1.0 Sq 2,135

Monthly Estimate*

$ 5,367

Listed by Compass
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $849,995 with 1 full bath. This 2,135 square foot home was built in 1997 on a lot size of 0.1888.

Don't miss this rare opportunity to acquire a well-maintained, income-producing triplex in the heart of Los Angeles. Ideally situated just minutes from Downtown Los Angeles, the Arts District, and USC, this property offers investors a compelling combination of stable rental income, future appreciation, and value-add potential. The property features an attractive unit mix consisting of two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each residence has been meticulously cared for, providing a solid foundation for long-term ownership. Situated on a generously sized lot with ample off-street parking, the property may offer the opportunity to add an additional unit at the rear of the lot (buyer to verify with the City of Los Angeles), creating even greater income potential. Tenants are responsible for their own gas and electricity, helping to minimize operating expenses and maximize cash flow. Properties of this caliber, in this location, and with this level of upside rarely come to market. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this is an opportunity you won't want to miss.

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Multi-Family Active

Price

$ 849,995

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1888

Year Built

1997

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SB26146543

Days on Market

21

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Sewer Connected Water Available
Possession Close Of Escrow
Roof Composition Shingle
Zoning LARD2
Garage Spaces 0
Architectural Style Traditional
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Stucco
Year Built 1997
Electric Standard
Tenant Pays Cable TV Electricity Gas Insurance Telephone
View Neighborhood
Stories Count 2
Levels Two
Property Subtype Triplex
Gross Income 62724
Community Features Curbs Sidewalks
County Los Angeles
Net Operating Income 47119
Operating Expense 15605
Insurance Expense 679
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 2425
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions From I-110 exit Martin Luther King Jr. Blvd. Head east turn right on Griffith Ave. then left on E. 40th Pl. Property will be on the left.
City Los Angeles
Entry Location Front
Senior Community Y/N false
Open Parking Spaces 6
Number Of Units Total 3
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 8223
Number of Units Leased 3
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange FHA Submit
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Current Financing None
Trash Expense 0
Water Sewer Expense 5043
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 14
Total Actual Rent 5227
Property Sub Type Additional Triplex
Taxes 6178
Cap Rate 5.54
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Interior
Interior Amenities Laminate Counters All Bedrooms Up All Bedrooms Down Walk-In Closet(s)
Flooring Carpet Laminate Tile
Fireplace Features None
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Entry Level 1
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Exterior
Fencing Wrought Iron
Parking Features None Uncovered
Lot Features Front Yard
Water Source Public
Total Parking 6
Lot Size Area 8223
Number of Buildings 3
Spa false
Building Area Total 2135
Lot Size Acres 0.1888
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type City Street
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* Excluded Features
List By
Compass

Broker

jason@thelowerygroupre.com

Email

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$5,367
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Monthly Principal & Interest
$5,367
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Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/20/2026$849,995 Listed Price

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725 E 40th Place, Los Angeles, CA, 90011 is a Multi-Family Home for sale at $849,995 with 2,135 sqft and a lot size of 0.1888. 725 E 40th Place is a studio with 1.0 baths and was built in 1997. The property's zip code is 90011 which is in Los Angeles, CA