• 602 W 40th Place #3 Los Angeles, CA 90037

  • $1,799,999
  • 10
    Bed(s)
  • 5
    Baths
  • 3,692
    Sq Ft
  • 6750
    Sqft
  • Listed By: Juana Luna Lopez, Victoria Premier Realty, DRE #02018975
  • Source: CRMLS

GREAT INVESTMENT OPPORTUNITY! This property offers the perfect combination of location and investment potential. This highly sought after property consist of three units. The front units has 4 bedrooms and 2 bathrooms on the first floor and 2 bedrooms and 1 bath on the 2nd floor. The 2 story rear unit was built in 2005 and has 4 bedrooms and 2 baths. Ideally located just steps from the BMO Stadium and a short walk to University of Southern California, Los Angeles Memorial Coliseum, and Natural History Museum of Los Angeles County. Property will be delivered with tenants in all units. Tenants are current with rent.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Unit No Unit Key Total Bath Total Bed Full Bath Half Bath
1 1044786983 5 10 5 0

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Fireplace: None

Flooring: Laminate,Tile

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1908

Building Area Total: 3,692

Pool Features

None

Laundry Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.155

Lot Size Source: Assessor

Lot Size Square Feet: 6750

Listing Price Information

Original List Price: 1,799,999

Listing Contract Date: 2023-08-30

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5019023004

Garage and Parking

Garage Description: On Site

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C42 - Downtown L.A.

Postal Code Plus 4: 2006

Directions: Take the I-110S/CA-110 N exit. Merge onto I-110 S. Take exit 20A for Martin Luther King Jr. Blvd toward Coliseum. Turn rignt onto Martin Luthern King Jr Blvd, turn left onto S Figueroa St.. Turn right onto W 40th Pl.

Zoning: LARD1.5

Source Property Type: Residential Income

Area: C42 - Downtown L.A.

Property SubType: Triplex

Building and Construction

Property Age: 116

Common Walls: 2+ Common Walls

Structure Type: Triplex

Year Built Source: Assessor

Entry Level: 1

Entry Location: first floor

Property Attached: Yes

Levels or Stories: Two

Building Total Stories: 2

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4815 S Normandie Avenue, Los Angeles, CA,90037 $750,000 5 -- 2,208 5403 Sqft
110 W 48th Street, Los Angeles, CA,90037 $479,800 2 2 1,134 2400 Sqft
4225 Van Buren Place, Los Angeles, CA,90037 $849,900 4 2 1,645 5992 Sqft
5116 S Budlong Avenue, Los Angeles, CA,90037 $1,100,000 5 4 3,632 5520 Sqft
232 W 49th Street, Los Angeles, CA,90037 $699,999 4 2 1,744 5447 Sqft
4125 S Figueroa Street .., Los Angeles, CA,90037 $329,000 1 1 542 39267 Sqft
3913 S Budlong Avenue, Los Angeles, CA,90037 $1,699,000 6 -- 3,690 10432 Sqft
1115 W 41st Street, Los Angeles, CA,90037 $959,900 3 2 2,182 6352 Sqft
4529 S Vermont Avenue, Los Angeles, CA,90037 $2,050,000 4 -- 6,750 8014 Sqft
4125 S Figueroa Street .., Los Angeles, CA,90037 $315,000 1 1 547 39278 Sqft

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ByOwner last updated this listing 05/16/2024 @ 17:33

MLS: DW23162842
LISTED BY: Juana Luna Lopez, Victoria Premier Realty
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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