$800,000
$849,995
5.9%For more information regarding the value of a property, please contact us for a free consultation.
725 E 40th PL Los Angeles, CA 90011
8,224 Sqft Lot
Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB26146543
Sold Date 09/15/26
HOA Y/N No
Year Built 1997
Lot Size 8,224 Sqft
Property Sub-Type Triplex
Property Description
Don't miss this rare opportunity to acquire a well-maintained, income-producing triplex in the heart of Los Angeles. Ideally situated just minutes from Downtown Los Angeles, the Arts District, and USC, this property offers investors a compelling combination of stable rental income, future appreciation, and value-add potential. The property features an attractive unit mix consisting of two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each residence has been meticulously cared for, providing a solid foundation for long-term ownership. Situated on a generously sized lot with ample off-street parking, the property may offer the opportunity to add an additional unit at the rear of the lot (buyer to verify with the City of Los Angeles), creating even greater income potential. Tenants are responsible for their own gas and electricity, helping to minimize operating expenses and maximize cash flow. Properties of this caliber, in this location, and with this level of upside rarely come to market. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this is an opportunity you won't want to miss.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LARD2
Interior
Interior Features Laminate Counters, All Bedrooms Up, All Bedrooms Down, Walk-In Closet(s)
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate, Tile
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Parking Features None, Uncovered
Fence Wrought Iron
Pool None
Community Features Curbs, Sidewalks
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
View Y/N Yes
View Neighborhood
Roof Type Composition,Shingle
Total Parking Spaces 6
Private Pool No
Building
Lot Description Front Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5114006013
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Submit
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Submit
Financing Conventional
Special Listing Condition Standard
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