879 E 40th Place
Los Angeles, CA 90011
11
Bed
5
Bath
4,334Sqft
6,309Sqft(Lot)
Exceptional Investment Opportunity To Acquire A Large Income-Producing 4-Unit Property In The High-Demand South Los Angeles / Downtown LA Rental Market. Well-Maintained Quadplex Offers 11 Bedrooms, 5 Bathrooms And Approximately 4,700 Square Feet Of Total Living Space On A 6,300± Square Foot Lot in LARD1.5-1 Zoning, Making It One Of The Larger Multifamily Assets In The Immediate Area. Unit1: 4Bed/2Bath Unit2: 3Bed/1Bath Unit3: 2Bed/1Bath Unit4: 2 Bed/1Bath. Additionally, With Rare Amenities Of 9 Total Private Parking Spaces (3 Covered Car Port Parking + 6 Private Uncovered – This Improves Tenant Retention And Value As Parking Is Sparse In The Area. Individually Separately Metered For Gas And Electricity. The Property Was Fully Rebuilt In 2006 And Has Received Recent Minor Updates, Providi
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 11Bathroom Information
Total Baths: 5 Full Baths: 5Roofing Information
ShingleFlooring Information
Tile, Vinyl, Wood -
Interior Features
Breakfast Bar, Breakfast Area, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Multiple Staircases, Quartz Counters, Recessed Lighting, Storage, Bedroom on Main Level, Galley Kitchen, Main Level PrimaryRoof: ShingleAppliances: Electric Oven, Free-Standing Range, Gas Range, Microwave, Refrigerator, Range HoodLaundry Features: Washer Hookup, Electric Dryer Hookup, Inside, Laundry RoomWindow Features: Insulated Windows, Screens -
Heating & Cooling
Has Heating: Yes Heating: Wall Furnace Has Cooling: Yes Cooling: Electric, Wall/Window Unit(s), Zoned
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Building Information
Year Built: 2006Construction Materials: Concrete, StuccoPatio And Porch Features: Concrete, Covered, Front Porch, PorchPool Features: NonePrivate Pool: NoView: City Lights, Neighborhood
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Lot Information
Main Square Feet: 6309 Lot Size Acres: 0.1448 Lot Size Source: Assessor Lot Size Square Feet: 6,309 Lot Description: Level,Near Public Transit,Rectangular Lot,Street Level
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Listing Price Information
Listing Price: $1600000Cash, Cash to New Loan, Conventional, Cal Vet Loan, FHA, Submit, VA Loan
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Tax Information
Parcel Number: 5114012007 Tax Lot: 15 Tax Block: F
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Virtual Tour
Parking Information
Parking Total: 10 Attached Carport, Assigned, Concrete, Covered, Carport, Driveway Level, Gated, On Site, Paved, One Space
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Utility Information
Electricity Connected, Sewer Connected, Water Connected -
Location Information
Direction: From MARTIN LUTHER KING JR BLVD Heading EAST, Go SOUTH on MCKINLEY AVE, Then Go EAST on 40th PL, SUBJECT PROPERTY Located Middle of 40TH PL on LEFT SIDE WaterSource: Public Security Features: Carbon Monoxide Detector(s),Fire Detection System,Security Gate,Smoke Detector(s),Window Bars
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1554 E 24th Street, Los Angeles, CA, 90011 | $499,900 | 2 | 1 | 650 | 650 SqFt |
| 1335 1337 E Adams, Los Angeles, CA, 90011 | $2,100,000 | 14 | 5 | 4,266 | 4,266 SqFt |
| 1325 E Adams Boulevard, Los Angeles, CA, 90011 | $1,095,000 | 7 | -- | 2,838 | 2,838 SqFt |
| 1471 E 41st, Los Angeles, CA, 90011 | $875,000 | 3 | 2 | -- | |
| 946 E 21st Street, Los Angeles, CA, 90011 | $2,395,000 | 22 | -- | 7,320 | 7,320 SqFt |
| 1132 E 27th Street, Los Angeles, CA, 90011 | $799,000 | 6 | 5 | 1,486 | 1,486 SqFt |
| 923 E 25th Street, Los Angeles, CA, 90011 | $615,000 | 3 | 2 | 1,615 | 1,615 SqFt |
| 856 E 22nd Street, Los Angeles, CA, 90011 | $1,150,000 | 5 | -- | 4,219 | 4,219 SqFt |
| 1426 E 48th Place, Los Angeles, CA, 90011 | $689,000 | 4 | 2 | 1,269 | 1,269 SqFt |
| 5426 Compton, Los Angeles, CA, 90011 | $849,900 | -- | -- | 4,186 | 4,186 SqFt |
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ByOwner last updated this listing 07/24/2026 @ 17:21
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