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Sold for $800,000 · Sep 2026

SOLD

Listed at $849,995

Sold

725 E 40th Place, Los Angeles, CA 90011

Los Angeles, CA

MLS# SB26146543

2,135 Sq Ft • Triplex
40 days on market

Listing Agent

Jason Lowery

Listing Agent

Compass

DRE #: 01817345

Brokerage: Compass

Property Details

N/A

Bedrooms

N/A

Bathrooms

2,135 sqft

Square Feet

1997

Year Built

8,223 sqft

Lot Size

$375

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Triplex

Property Type

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.

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

Facts & Features

Details

Stories
2
Cooling
None
Heating
WallFurnace
View
Neighborhood

Sale history for 725 E 40th Place

1 recorded sale

$800,000
Sold September 2026 · listed $849,995, on market July 2026, 40 days on market · MLS #SB26146543 · Source: CRMLS
Listing Agent: Jason Lowery · Listing Office: Compass · Contact: 310.409.5374 · Bought with: Edwin Rivera · Keller Williams Premier Properties

How this sale compares

725 E 40th Place sold for $800,000 in September 2026, 5.9% under its $849,995 list price, after 40 days on the market. Across 106 closed sales in 90011 over the last 12 months, the median sold price is $699,500 and the median is $437 per square foot.

$437
90011 median per sq ft (12 mo)
$699,500
90011 median sold price (12 mo)
106
Closed sales in 90011 (12 mo)
40
Days on market
−5.9%
Sold vs. list price
QuarterClosed sales in 90011Median sold price
Q1 202611$745,000
Q2 202638$612,389
Q3 202632$683,367
Q4 202625$762,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90011

Recent sales near 725 E 40th Place

Closed sales reported in 90011, nearest first, last 12 months. All recent sales in Los Angeles →

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