CA > Los Angeles
Los Angeles, CA 90011,917 E 40th
Los Angeles, CA 90011,917 E 40th
Los Angeles, CA 90011,917 E 40th
Los Angeles, CA 90011,917 E 40th
Los Angeles, CA 90011,917 E 40th
Los Angeles, CA 90011,917 E 40th
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James Olvera

James Olvera

The Warburton Team

+1(909) 760-9091
$ 999,900
Est. payment | /mo

0.29 Acres Lot

Save
$ 999,900
Est. payment | /mo
Save

0.29 Acres Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25262442

HOA Y/N No

Year Built 1924

Lot Size 0.288 Acres

Property Sub-Type Apartment

Property Description

This fully occupied 7 unit multifamily property is comprised of four separate buildings on a big 12,567sf lot zoned RD1.5. All the units are currently tenant occupied w/ good rent histories, no delinquencies, and the property offers huge upside in the rents allowing for a local and/or savvy investor to create value and maximize rents.

Built in 1924, this property totals 3,600sf in size and offers a solid unit mix with (7) 2 bed/1 bath bungalow style units each with a decent layout, full kitchen & bath, roomy bedrooms, washer/dryer hookups, and some private patio area.

On a large 0.29acre double size lot, there are two driveways w/ a total of 10 open parking spaces to provide ample use by tenants & guests. Well located in Los Angeles near Downtown, Crypto Arena, & close proximity to USC and the 110 Freeway. This is a true Value Add Opportunity!

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Interior

Interior Features Ceiling Fan(s), All Bedrooms Down

Heating Wall Furnace

Cooling None

Flooring Carpet, Tile

Fireplaces Type None

Fireplace No

Appliance Disposal, Gas Range, Range Hood, Water Heater

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Concrete, Driveway, On Site, Uncovered

Fence Wood, Wrought Iron

Pool None

Community Features Curbs, Street Lights, Sidewalks

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

View Y/N No

View None

Roof Type Composition

Total Parking Spaces 10

Private Pool No

Building

Lot Description 6-10 Units/Acre, Front Yard, Landscaped

Faces South

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5114012028

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS – RECore
Listed by Brian Noh Nohco Real Estate 9493085775

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