737 E 40th
Los Angeles, CA, 90011
$699,000
Beds
0 Baths
0 SqFt
0.19 Acres
Add
MLS #SR26212793 image #0
Value-add 4-unit opportunity in the high-demand 90011 corridor, just east of the 110 Freeway and south of MLK Jr. Blvd. Three detached buildings sit on a large 8,208 sq ft LARD2 lot: two separate 2-bed/1-bath houses and a duplex with two studios, totaling 2,229 sq ft of living space. The property is 100% occupied and brings in $5,225/month ($62,700/year) in gross income which translates into 6.33 CAP. Rents are below market, which gives a clear path to higher NOI as units turn over. Units are separately metered, and the owner pays only water. Parking for 7 vehicles. Minutes to USC, Exposition Park, the LA Memorial Coliseum and Downtown LA, with a Walkability Score of 78. An entry-level price for a multifamily asset with cash flow today and room to grow.

Property Details

Price:
$699,000
MLS #:
SR26212793
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
c42downtownla
Listed Date:
Sep 30, 2026
Total Sq Ft:
2,229
Lot Size:
8,210 sqft / 0.19 acres (approx)
Year Built:
1908
C42 – Downtown L.a.C42downtownla

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Schools

Interior

Laundry Features
NO

Exterior

Common Walls
_1CW
Community Features
URB
Parking Spots
7
Parking Total
7

Financial

Maintenance Fee
$1,303
Net Operating Income
$44,266

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Oct 01, 2026
9,338
Single Family Listed
84
Avg DOM
437
Avg $ / SqFt
$1,575,806
Avg List Price

Property Summary

    737 E 40th Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90011. It is listed for $699,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1908. The average price per square foot for Single Family listings in Los Angeles is $437. The average listing price for Single Family in Los Angeles is $1,575,806.

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