Home | Los Angeles County | Los Angeles | 90011 | 917 E 40th
MLS: CROC26029405 | Status: | Price: $950,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 12,567 | 1924 |
Only $75/sf land with huge upside. Value Add Opportunity! 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. Terrific Opportunity!
| Field | Value |
|---|---|
| MLS # | CROC26029405 |
| MLS Source | California Regional MLS |
| Days on Site | 49 |
| Feature | Details |
|---|---|
| Appliances | Dishwasher, Garbage Disposal, Oven Range - Gas |
| Cooling | Window/Wall Unit |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Raised |
| Style | Traditional |
| Feature | Details |
|---|---|
| Garage/Parking | Common Parking Area, Garage: 0 Car(s) |
| HOA Fee | $0 |
Brian Noh
Nohco Real Estate
License #: 01438155
Phone: (213) 804-7647
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | 7 | – |
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This listing information is up-to-date as of February 10, 2026. For the most current information, please contact Brian Noh, (213) 804-7647.