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$ 699,000
Est. payment | /mo
7 Beds
2,295 SqFt
$ 699,000
Est. payment | /mo
7 Beds
2,295 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,295 sqft
Price per Sqft $304
MLS Listing ID CRSR26089504
Bedrooms 7
HOA Y/N No
Year Built 1910
Lot Size 5,400 Sqft
Acres 0.12
Property Sub-Type Duplex
Property Description
Don't miss this chance to capitalize on a high-demand rental market and the benefits of building in a Qualified Opportunity Zoned at LARD1.5, offering the flexibility to grow or modernize the building further. Well-maintained property. The roof was replaced in 2024, Copper Plumbing throughout , exterior painted in 2024, and updated electrical panels in both apartments in 2023. Separate gas and electric meters. Just a 5-minute walk from the BMO soccer stadium and the Coliseum, a 7-minute walk from the highly anticipated Lucas Museum of Narrative Art, the Natural History Museum and the California Science Center, and a 10-minute walk from USC and the Expo Line Station, which goes directly to downtown L.A. and to Santa Monica. The Coliseum will also be one of the venues for the 2028 Olympics. Quick access to the 10 & 110 Freeways makes commuting a breeze. 20 minutes from LAX. Downstairs unit: 708 W. 40th Pl features: Spacious and bright living room, 4 large sized bedrooms and 2 full bathrooms, In unit laundry. Upstairs unit: 708 ½ W. 40th Pl features: 3 large sized Bedrooms and 1full and spacious bathroom, In unit laundry area. Efficient ceiling fans in every bedroom. 7 car spaces available in the rear. The building is secured with an iron fence and controlled access via remote entry, enhancing tenant appeal and retention.
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Laminate, Tile, Carpet
Fireplace No
Appliance Gas Water Heater
Laundry Laundry Closet
Exterior
Exterior Feature Back Yard, Front Yard, Other
View Y/N true
View Other
Building
Lot Description Back Yard, Front Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 5019024005
Virtual Tour https://youtu.be/QOtlS96hDpE

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Listed by Marina Burgos • Park Regency Realty
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