836 W 40TH Place, Los Angeles, CA 90037
Property · 2 recorded sales since 2019
Sold July 2021
Listing Agent: Vinnie Park (DRE #02015848) · Listing Office: Coldwell Banker Realty · Contact: 323-464-9272 · Bought with: Lee Markus Alli · Exquisite Estates · MLS #21750296 · Source: CRMLS
About this property
75% Upside Potential! Amazingly located on the non-historic R3 LOT directly below USC & Exposition Park, this beautiful well maintained 4 unit building with great cash flow. Perfect value-add you have been waiting for at an incredible value! Property is offered at an extremely low cost per unit of $281K/Unit. Close to 1,000 SF great sized 1 bed + Den and 1 bath units are perched at a quiet and beautiful tree-lined street. All utilities separately metered, W&D hook up in each unit, and 8 parking spaces. 5,940 SF R3 TOC Tier 2 lot shows promising future development potentials with SoFi Stadium just a few miles down, having easy access to DTLA and Metro Expo Line. The property is fabulously located just a few blocks below the new LAFC Stadium, The Fields LA. Coliseum, Science Center, USC Village, and Trader Joe's.
Listing description from the July 2021 sale, as reported to CRMLS.
Sale history
