232 W 40th Place
Los Angeles, CA, 90037 $ 1,249,995
Bedrooms8 Baths4.0 Sq 2,407 Monthly Estimate*
$ 8,308
for $1,249,995 with 8 bedrooms and 4 full baths. This 2,407 square foot home was built in 1916 on a lot size of 0.1499.
This motivated seller is willing to help buyers with closing costs. The property can be both a place for you to live and enjoy AND an produce rental income to help you make the mortgage payment!! This gem has TONS to offer! This stunning property boasts an impressive 8 bedrooms and 4 bathrooms in total, providing lots of space for your family, loved ones, and guests. As you step inside, you'll immediately notice the open floor plan and extra loft / bonus flex space (currently staged as a room), perfect for creating personalized areas for work, play, or relaxation. The HUGE front house has 4 beds, 2 baths, a formal dining and living area, and LARGE size rooms! The second unit hosts an additional 3 beds, and 1 baths with kitchenettes, ensuring both style and functionality for years to come. AND the converted garage has an additional bed, bath, and kitchenette. Both units and garage underwent major facelifts. Parking will never be an issue with ample spaces available, making hosting gatherings and accommodating multiple vehicles a breeze. Conveniently located near major highways, this property is ideal for commuters looking for easy access to all parts of the city. Plus, its proximity to USC, sports stadiums, shopping centers, and restaurants ensures you'll always be just moments away from entertainment and amenities. AND the perks don't stop there! This garage conversion also comes with approved permits for an ADU (Accessory Dwelling Unit), providing additional rental income potential. PLANS THAT ARE APPROVED BY THE CITY OF LOS ANGELES AND CLEARED BY THE DEPARTMENT OF WATER AND POWER ARE SOLD WITH THE PROPERTY. OR keep that property as is and start getting rental income NOW! Tons of options are available with this property. Don't miss out on the opportunity to make this incredible property your own!
See more
FeaturesGeneralInterior Features AllBedroomsDown Loft
Sewer PublicSewer
Heating SeeRemarks
Cooling WallWindowUnits
Zoning LARD2
HOA 0.0
Garage Spaces 0.0
Pool Features None
Year Built 1916
View Neighborhood
Stories 1
Levels One Two
Property SubType Duplex
Community Features Curbs StormDrains StreetLights Sidewalks
County Los Angeles
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions 40th Pl and Broadway
City Los Angeles
Entry Location Front
View Y/N Y
Senior Community Y/N N
High School District Los Angeles Unified
NumberOfUnitsTotal 2
MLS Area C42 - Downtown L.A.
Lot Size Units SquareFeet
Lot Size Square Feet 6529.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Listing Terms Conventional
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 24
Structure Type Duplex
Living Area Units SquareFeet
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Tax Lot 20
Property Sub Type Additional Duplex
See more
ExteriorLot Features Item01UnitAcre
Water Source Public
Total Parking 0.0
Lot Size Area 6529.0
Spa N
Lot Size Acres 0.1499
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
InteriorFireplace Features None
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 4
Laundry Features WasherHookup GasDryerHookup
Total Bedrooms 8
Entry Level 1
Electric On Property Y/N N
Main Level Bedrooms 7
Main Level Bathrooms 4
Total Baths 4
See more
* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $8,308
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,991,000
Percent of Sale Price 59%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4003522 Elementary School
4003523 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/7/2024 | $1,249,995 | | Listed Price |