708 W 40th
Los Angeles, CA 90037
7
Bed
3
Bath
2,295Sqft
5,400Sqft(Lot)
Don’t miss this chance to capitalize on a high-demand rental market and the benefits of building in a Qualified Opportunity Zoned at LARD1.5, offering the flexibility to grow or modernize the building further. Well-maintained property. The roof was replaced in 2024, Copper Plumbing throughout , exterior painted in 2024, and updated electrical panels in both apartments in 2023. Separate gas and electric meters. Just a 5-minute walk from the BMO soccer stadium and the Coliseum, a 7-minute walk from the highly anticipated Lucas Museum of Narrative Art, the Natural History Museum and the California Science Center, and a 10-minute walk from USC and the Expo Line Station, which goes directly to downtown L.A. and to Santa Monica. The Coliseum will also be one of the venues for the 2028 Olympics.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 7Bathroom Information
Total Baths: 3 Full Baths: 3Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Roof: Shingle Interior Features: Balcony,Ceiling Fan(s),Eat-in Kitchen,Granite Counters,Recessed Lighting,Storage,Tile Counters Property Appliances: Gas Oven,Gas Range,Gas Water Heater Fireplace: None Flooring: Carpet,Laminate,Tile -
Cooling Features
None Air ConditioningFireplace
Fireplace Features: None Has Fireplace: 0
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Building Information
Year Built: 1910 Construction: Stucco Roof: Shingle -
Foundation
RaisedSecurity Features
Carbon Monoxide Detector(s),Smoke Detector(s) -
Pool Features
NoneLaundry Features
Gas Dryer Hookup,Laundry ClosetPatio And Porch
Porch,WoodFencing
Electric,Wrought Iron
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.124 -
Lot Size Source: Assessor Lot Size Square Feet: 5400
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Listing Price Information
Original List Price: 699,000 Listing Contract Date: 2026-04-24 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5019024005
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Garage and Parking
Garage Description: Assigned,Concrete,Garage,Garage Door Opener,Side By SideHomeowners Association
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Other Property Info
Source Listing Status: Active Under Contract Source Neighborhood: C42 - Downtown L.A. Directions: Exit Martin Lutter King of the freeway 110, turn left on Vermont Source Property Type: Residential Area: C42 - Downtown L.A. Property SubType: Duplex -
Building and Construction
Property Age: 116 Common Walls: No Common Walls Structure Type: Duplex Year Built Source: Assessor Total Square Feet Living: 2295 Entry Level: 1 Entry Location: 1 Levels or Stories: Two Building Total Stories: 2 Structure Type: Duplex
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1171 W 38th Street, Los Angeles, CA, 90037 | $799,000 | 1 | 1 | 2,100 | 2,100 SqFt |
| 134 W 49th, Los Angeles, CA, 90037 | $888,999 | 8 | 3 | 2,342 | 2,342 SqFt |
| 3830 S Figueroa Street, Los Angeles, CA, 90037 | $2,000,000 | 5 | 3 | 3,584 | 3,584 SqFt |
| 348 W Vernon Avenue, Los Angeles, CA, 90037 | $775,000 | 3 | 4 | 2,940 | 2,940 SqFt |
| 237 W 50th, Los Angeles, CA, 90037 | $699,000 | 4 | 2 | 2,019 | 2,019 SqFt |
| 323 W 47th, Los Angeles, CA, 90037 | $839,000 | 6 | 2 | 1,925 | 1,925 SqFt |
| 458 W Vernon, Los Angeles, CA, 90037 | $949,500 | 6 | 4 | 3,726 | 3,726 SqFt |
| 620 W 41st, Los Angeles, CA, 90037 | $1,725,000 | 8 | 4 | 3,872 | 3,872 SqFt |
| 314 W 56th, Los Angeles, CA, 90037 | $1,350,000 | 10 | 6 | 3,686 | 3,686 SqFt |
| 314 W 56th, Los Angeles, CA, 90037 | $1,350,000 | 10 | 6 | 3,686 | 3,686 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/09/2026 @ 00:17
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