Home | Los Angeles County | Los Angeles | 90011 | 737 E 40th
MLS: CRSR26212793 | Status: Active | Price: $699,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 8,210 | 1908 |
Value-add 4-unit opportunity in the high-demand 90011 corridor, just east of the 110 Freeway and south of MLK Jr. Blvd. Three detached buildings sit on a large 8,208 sq ft LARD2 lot: two separate 2-bed/1-bath houses and a duplex with two studios, totaling 2,229 sq ft of living space. The property is 100% occupied and brings in $5,225/month ($62,700/year) in gross income which translates into 6.33 CAP. Rents are below market, which gives a clear path to higher NOI as units turn over. Units are separately metered, and the owner pays only water. Parking for 7 vehicles. Minutes to USC, Exposition Park, the LA Memorial Coliseum and Downtown LA, with a Walkability Score of 78. An entry-level price for a multifamily asset with cash flow today and room to grow.
| Field | Value |
|---|---|
| MLS # | CRSR26212793 |
| MLS Source | California Regional MLS |
| Days on Site | 16 |
| Feature | Details |
|---|---|
| Laundry | None |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
Jonathan Kim
Equity Union
License #: 01419100
Phone: (818) 949-8220
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 4 | 4 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 4129 La Salle | $679,000 | – | – | – | PendingDoNotShow |
| 1580 E 45th St | $668,000 | – | – | – | Active |
| 737 E 47th Street | $749,000 | – | – | – | PendingDoNotShow |
| 1585 E 48th Pl | $829,000 | – | – | – | PendingDoNotShow |
| 1374 E Vernon | $750,000 | – | – | – | Active |
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This listing information is up-to-date as of October 01, 2026. For the most current information, please contact Jonathan Kim, (818) 949-8220.