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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Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Roof: Shingle Interior Features: Block Walls,Ceiling Fan(s),Granite Counters,Multiple Staircases,Quartz Counters,Recessed Lighting,Storage,Bedroom on Main Level,Galley Kitchen,Main Level Primary Windows: Blinds,Screens Property Appliances: Electric Oven,Free-Standing Range,Gas Range,Microwave,Refrigerator,Range Hood Fireplace: None Flooring: Tile,Vinyl,Wood -
Cooling Features
Electric,Wall/Window Unit(s),Zoned Air ConditioningHeating Source
Wall Furnace Has HeatingFireplace
Fireplace Features: None Has Fireplace: 0
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Building Information
Year Built: 2006 Building Area Total: 4,700 Construction: Concrete,Stucco Roof: Shingle -
Foundation
SlabSecurity Features
Carbon Monoxide Detector(s),Fire Detection System,Security Gate,Smoke Detector(s),Window Bars -
Accessibility Features
Safe Emergency Egress from Home,No StairsPool Features
NoneLaundry Features
Washer Hookup,Electric Dryer Hookup,Inside,Laundry RoomFencing
Block
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1448 -
Lot Size Source: Assessor Lot Size Square Feet: 6309
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Listing Price Information
Original List Price: 1,600,000 Listing Contract Date: 2026-03-13 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5114012007
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Garage and Parking
Garage Description: Attached Carport,Assigned,Concrete,Driveway Level,On Site,Side By SideHomeowners Association
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Rental Info
Lease Term: Negotiable Tenant Pays: All Utilities,Electricity,Gas,Sewer,Trash Collection,Telephone
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Other Property Info
Source Listing Status: Active Source Neighborhood: C42 - Downtown L.A. Directions: 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 Source Property Type: Residential Income Area: C42 - Downtown L.A. Property SubType: Quadruplex -
Building and Construction
Property Age: 20 Common Walls: No Common Walls Property Condition: Additions/Alterations,Updated/Remodeled,Turnkey Structure Type: Quadruplex Year Built Source: Builder Entry Level: 1 Entry Location: 1 Levels or Stories: Three Or More
How much is this property worth?
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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 |
| 1549 E.33 St., Los Angeles, CA, 90011 | $700,000 | 6 | 3 | 2,132 | 2,132 SqFt |
| 4314 Morgan, Los Angeles, CA, 90011 | $800,000 | 5 | 2 | 1,518 | 1,518 SqFt |
| 1634 E Vernon, Los Angeles, CA, 90011 | $790,000 | 6 | 3 | 2,379 | 2,379 SqFt |
| 1471 E 41st, Los Angeles, CA, 90011 | $845,000 | 3 | 2 | 1,542 | 1,542 SqFt |
| 4161 Dorsey, Los Angeles, CA, 90011 | $540,000 | 4 | 3 | 2,053 | 2,053 SqFt |
| 4301 Ascot, Los Angeles, CA, 90011 | $788,000 | 8 | 4 | 2,916 | 2,916 SqFt |
| 1350 E 43rd Street, Los Angeles, CA, 90011 | $649,900 | 3 | 3 | 1,668 | 1,668 SqFt |
Similar Multifamily To 879 E 40th Place
Nearby For Sale
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ByOwner last updated this listing 06/07/2026 @ 12:49
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