N/A
Bedrooms
Sold for $800,000 · Sep 2026
SOLDListed at $849,995
Los Angeles, CA
MLS# SB26146543
Jason Lowery
Listing Agent
Compass
DRE #: 01817345
Brokerage: Compass
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
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.
Earthquake data is shown from a real public source (USGS)
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1 recorded sale
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.
| Quarter | Closed sales in 90011 | Median sold price |
|---|---|---|
| Q1 2026 | 11 | $745,000 |
| Q2 2026 | 38 | $612,389 |
| Q3 2026 | 32 | $683,367 |
| Q4 2026 | 25 | $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
Closed sales reported in 90011, nearest first, last 12 months. All recent sales in Los Angeles →
725 E 40th Place
Contact Jason Lowery
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Contact Listing Agent
Compass
DRE #01817345
Contact information is not available for this listing.