836 West 40th Place
836 West 40th Place
$985,000
4
4
3,854
3,854
$256
Sold 7/16/21
Description
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....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.
Property Details for 836 West 40th Place
Zoning
LAR3
Parcel Number5019002027
Total Units4.0
Living Area3854
Source Living AreaAssessor
AreaLos Angeles Southwest (C34)
Vacancy Rate0%
Lot Size Area5940
Location
LISTING UPDATED: 07/16/2021 03:50 PM
Property Details for 836 West 40th Place
Status | Sold |
---|---|
MLS # | 21-750296 |
Days on Market | 26 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1915 |
Lot Size | 0.14 AC / 5,940 SF |
County | Los Angeles County |
Location
Building Information for 836 West 40th Place
Stories-Residences-Year Built1915Building Size-Lot Size0.14 AC / 5,940 SF
Payment Calculator
$6,426 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 836 West 40th Place
Property History for 836 West 40th Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 836 West 40th Place
Taxable ValueLand$714,000Additions$291,240Total$1,005,240
Tax Record2023$12,605 ($1,050 / month)
Home Facts
Total Finished SqFt3,854 SqFtAbove Grade Finished SqFt3,854 SqFtLot Size5,940 SqFtStyleQuadraplexYear Built1915ZoningLAR3CountyLOS ANGELESAPN5019-002-027
Schools near 836 West 40th Place
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 9 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Menlo Avenue Elementary School PublicK to 5 | ||
Barack Obama Global Preparation Academy Public6 to 9 | ||
Manual Arts Senior High School Public9 to 12 | ||
USC Hybrid High College Prep Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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