Customer Care

737 E 40th, Los Angeles, CA 90011

$699,000 Approx. USD 0 beds, 0 baths

Save My Notes

MORE INFO

Brochure

Marketed By

Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

Mortgage Calculator

GET PRE-APPROVED

Interested in This Property? Request Virtual Showing Your message will be sent to one of our real estate professionals. By submitting your information, you consent to be contacted by email, SMS message, and/or phone call. You may opt out at any time per our Privacy Policy.

Listing Agent

Jonathan Kim | jonathan4re@gmail.com
Lic#: 01419100
Broker: Courtesy of Equity Union
Phone: 818-949-8220

Agent Remarks

Value-add 4-unit opportunity in the high-demand 90011 corridor, just east of the 110 Freeway and south of MLK Jr. Blvd. Three detached buildings sit on a large 8,208 sq ft LARD2 lot: two separate 2-bed/1-bath houses and a duplex with two studios, totaling 2,229 sq ft of living space. The property is 100% occupied and brings in $5,225/month ($62,700/year) in gross income which translates into 6.33 CAP. Rents are below market, which gives a clear path to higher NOI as units turn over. Units are separately metered, and the owner pays only water. Parking for 7 vehicles. Minutes to USC, Exposition Park, the LA Memorial Coliseum and Downtown LA, with a Walkability Score of 78. An entry-level price for a multifamily asset with cash flow today and room to grow.

Listing Details

Property type: Quadruplex (Multi-Family)

Status: Active

MLS# SR26212793

Price: $699,000

Beds: 0

Baths: 0

Built in 1908

0.19 acres

Lot size: 0.1885

County: Los Angeles

MLS area: C42 - Downtown L.A.

Last Updated: 10/1/2026

Days On Market (DOM): 41

Find more Los Angeles homes and real estate

Find more homes in 90011 zip code

This listing belongs to the C42 - Downtown L.A. MLS area

Lat/Long: 34.010266, -118.262769.
Find nearby listings

Mortgage Calculator

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

90011 Area Map

Demographics

Schools