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
See this Listing
Schools
Interior
Laundry Features
NO
Exterior
Common Walls
_1CW
Community Features
URB
Parking Spots
7
Parking Total
7
Financial
Maintenance Fee
$1,303
Map
Community
- Address737 E 40th Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
Subdivisions in Los Angeles
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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