879 E 40th Place
Los Angeles, CA 90011
11
Bed
5
Bath
4,700Sqft
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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Interior Features
Block Walls, Ceiling Fan(s), 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: Blinds, 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: 2006Building Area Total: 4700Construction Materials: Concrete, StuccoPool 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, FHA, Submit
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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: 9 Attached Carport, Assigned, Concrete, Driveway Level, On Site, Side By Side
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Utility Information
Electricity Connected, Natural Gas 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 |
|---|---|---|---|---|---|
| 1438 E 20th Street, Los Angeles, CA, 90011 | $899,999 | 7 | 4 | 3,114 | 3,114 SqFt |
| 1626 1628 E 32nd, Los Angeles, CA, 90011 | $750,000 | 4 | 2 | 1,132 | 1,132 SqFt |
| 1364 E 20th, Los Angeles, CA, 90011 | $699,777 | 4 | 2 | 1,666 | 1,666 SqFt |
| 1472 E 23rd, Los Angeles, CA, 90011 | $908,000 | 10 | 6 | -- | |
| 1549 E.33 St., Los Angeles, CA, 90011 | $700,000 | 6 | 3 | 2,132 | 2,132 SqFt |
| 1464 E 23rd, Los Angeles, CA, 90011 | $749,998 | 5 | 2 | -- | |
| 4314 Morgan, Los Angeles, CA, 90011 | $800,000 | 5 | 2 | 1,518 | 1,518 SqFt |
| 1335 1337 E Adams, Los Angeles, CA, 90011 | $2,100,000 | 14 | -- | -- | |
| 4151 Compton Avenue, Los Angeles, CA, 90011 | $749,900 | 6 | -- | 1,898 | 1,898 SqFt |
| 4161 Dorsey, Los Angeles, CA, 90011 | $540,000 | 4 | 3 | 2,053 | 2,053 SqFt |
Similar Multifamily To 879 E 40th Place
Nearby For Sale
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ByOwner last updated this listing 07/24/2026 @ 17:36
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