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Listed by Jason Lowery, DRE #01817345 • Compass
$849,995
Est. payment /mo
8,223 Sqft Lot
New
725 E 40th PL Los Angeles, CA 90011
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26146543
Style Traditional
Year Built 1997
Lot Size 8,223 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
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.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Rooms
Kitchen None
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Laundry Other
Exterior
Parking Features No Parking, Uncovered Parking
Garage Spaces 6.0
Pool 31, None
View Local/Neighborhood
Roof Type Shingle,Composition
Building
Water District - Public
Architectural Style Traditional
Others
Tax ID 5114006013
Special Listing Condition Not Applicable
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