725 E 40th Place, Los Angeles, CA 90011
Triplex
Sold September 2026
Listing Agent: Jason Lowery (DRE #01817345) · Listing Office: Compass · Contact: 310.409.5374 · Bought with: Edwin Rivera · Keller Williams Premier Properties · MLS #SB26146543 · Source: CRMLS
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 78 closed sales in 90011 over the last 12 months, the median sold price is $683,367 and the median is $435 per square foot.
| Quarter | Closed sales in 90011 | Median sold price |
|---|---|---|
| Q1 2026 | 11 | $745,000 |
| Q2 2026 | 38 | $612,389 |
| Q3 2026 | 29 | $695,000 |
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
About this triplex
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.
Sale history
Recent sales near 725 E 40th Place
- 3815 Paloma — Sold $750,000 · 4 bd · 2 ba · 1,236 sqft · May 2026 · 0.1 mi
- 4014 Mckinley Avenue — Sold $970,000 · Sep 2026 · 0.1 mi
- 814 East 41st Street — Sold $595,000 · 4 bd · 2 ba · 1,341 sqft · Sep 2026 · 0.1 mi
- 731 E 41st Place — Sold $1,045,000 · May 2026 · 0.1 mi
- 917 E 40th — Sold $950,000 · May 2026 · 0.2 mi
- 3708 S San Pedro Street — Sold $500,000 · Aug 2026 · 0.3 mi
- 3708 S San Pedro Street — Sold $500,000 · Aug 2026 · 0.3 mi
- 811 E 42nd — Sold $699,000 · 4 bd · 2 ba · 1,421 sqft · Aug 2026 · 0.3 mi
MLS-reported closed sales in 90011, nearest first (last 12 months). All recent sales in Los Angeles →
Questions about 725 E 40th Place
When did 725 E 40th Place last sell?
725 E 40th Place last sold in September 2026 for $800,000, according to CRMLS-reported closed sales.
What did 725 E 40th Place sell for?
$800,000, 5.9% below the $849,995 list price, after 40 days on the market.
How does that compare to other Los Angeles sales?
78 homes closed in ZIP 90011 over the last 12 months at a median of $683,367 ($435 per square foot).
Is 725 E 40th Place for sale now?
725 E 40th Place is not currently listed on the MLS. Browse current homes for sale in Los Angeles on Nalren.