708 W 40th, Los Angeles, CA 90037

Description

Don’t miss this chance to capitalize on a high-demand rental market and the benefits of building in a Qualified Opportunity Zoned at LARD1.5, offering the flexibility to grow or modernize the building further. Well-maintained property. The roof was replaced in 2024, Copper Plumbing throughout , exterior painted in 2024, and updated electrical panels in both apartments in 2023. Separate gas and electric meters. Just a 5-minute walk from the BMO soccer stadium and the Coliseum, a 7-minute walk from the highly anticipated Lucas Museum of Narrative Art, the Natural History Museum and the California Science Center, and a 10-minute walk from USC and the Expo Line Station, which goes directly to downtown L.A. and to Santa Monica. The Coliseum will also be one of the venues for the 2028 Olympics. Quick access to the 10 & 110 Freeways makes commuting a breeze. 20 minutes from LAX. Downstairs unit: 708 W. 40th Pl features: Spacious and bright living room, 4 large sized bedrooms and 2 full bathrooms, In unit laundry. Upstairs unit: 708 ½ W. 40th Pl features: 3 large sized Bedrooms and 1full and spacious bathroom, In unit laundry area. Efficient ceiling fans in every bedroom. The building is secured with an iron fence and controlled access via remote entry, enhancing tenant appeal and retention.

Listing description from the June 2026 sale, as reported to CRMLS.

Sale history

$705,000

Sold June 2026 · listed $699,000, on market April 2026, 25 days on market · MLS #SR26089569 · Source: CRMLS

Listing Agent: Marina Burgos · Listing Office: Park Regency Realty · Contact: 818-312-4291 · Bought with: General NONMEMBER · NONMEMBER MRML

$705,000

Sold June 2026 · listed $699,000, on market April 2026, 24 days on market · MLS #SR26089504 · Source: CRMLS

Listing Agent: Marina Burgos · Listing Office: Park Regency Realty · Contact: 818-312-4291 · Bought with: General NONMEMBER · NONMEMBER MRML

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