ResidentialIncome — 917 E 40th, Los Angeles, CA
$950,000
917 E 40th, Los Angeles, CA
About this property
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 occupied and the property offers huge upside 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. Well located in Los Angeles near Downtown, Crypto Arena, & close proximity to USC and the 110 Freeway. Terrific Opportunity!
Property details
Location
917 E 40th • Los Angeles, CA 90011
Listed by
Brian Noh · Nohco Real Estate