917 E 40th
Los Angeles, CA, 90011
$950,000
Beds
0 Baths
0 SqFt
0.29 Acres
Add
MLS #OC26029405 image #0
Only $75/sf land with huge upside. Value Add Opportunity! 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. Terrific Opportunity!

Property Details

Price:
$950,000
MLS #:
OC26029405
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
c37metropolitansouth
Listed Date:
Feb 10, 2026
Total Sq Ft:
3,600
Lot Size:
12,567 sqft / 0.29 acres (approx)
Year Built:
1924
TraditionalC37 – Metropolitan SouthC37metropolitansouthNone

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Schools

Interior

Appliances
DW, GD, GR, WHU
Cooling
WW
Flooring
TILE, CARP
Heating
WL
Laundry Features
GAS, WH

Exterior

Architectural Style
TRD
Community Features
SDW, SL, CRB
Construction Materials
STC
Parking Spots
10
Roof
CMP
Security Features
SD, COD

Financial

Net Operating Income
$39,613

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Mar 13, 2026
7,198
Single Family Listed
86
Avg DOM
510
Avg $ / SqFt
$1,492,922
Avg List Price

Property Summary

    917 E 40th Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90011. It is listed for $950,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1924. The average price per square foot for Single Family listings in Los Angeles is $510. The average listing price for Single Family in Los Angeles is $1,492,922.

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