$705,000
$699,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
708 W 40th Los Angeles, CA 90037
5,401 Sqft Lot
Key Details
Sold Price $705,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR26089504
Sold Date 06/29/26
HOA Y/N No
Year Built 1910
Lot Size 5,401 Sqft
Property Sub-Type Duplex
Property Description
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. Quick access to the 10 & 110 Freeways makes commuting a breeze.
Downstairs unit: 708 W. 40th Pl features:
Spacious and bright living room, 4 large sized bedrooms and 2 full bathrooms, In unit laundry.
Upstairs unit: 708 ½ W. 40th Pl features:
3 large sized Bedrooms and 1full and spacious bathroom, In unit laundry area.
Efficient ceiling fans in every bedroom.
The building is secured with an iron fence and controlled access via remote entry, enhancing tenant appeal and retention.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Rooms
Other Rooms Storage
Interior
Interior Features Balcony, Ceiling Fan(s), Granite Counters, Storage, Attic
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Gas Oven, Gas Range, Gas Water Heater
Laundry Laundry Closet
Exterior
Fence Electric, Wrought Iron
Pool None
Community Features Park, Street Lights, Suburban, Sidewalks
View Y/N Yes
View Neighborhood
Roof Type Shingle
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Back Yard, Front Yard
Story 2
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Craftsman
Level or Stories Two
Additional Building Storage
New Construction No
Others
Senior Community No
Tax ID 5019024005
Security Features Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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