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$1,249,000
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Property Description
Four unit building. Three units and an approved ADU. All Occupied. Front house and most units have been recently upgraded. Great rent rates and fully occupied.
Full Property Details
Full Property Details for 1291 E 40th
General
- Price: $1,249,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: RS26171156
- Updated: 8/7/2026
- Days on Market: 20 days
- Added to Site: 20 day(s) ago
Interior
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Location
- Area: C37 - Metropolitan South
- County: Los Angeles
- Development Name: C37 - Metropolitan South
- Driving Directions: Corner of hooper and 40th
Heating & Cooling
- Heating Type: Wall Furnace
Utilities
- Sewer: Sewer Paid
- Water: Public
- # Water Meters: 4
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: 1
- Square Feet: 2,446
- Year Built: 1906
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1192
- Lot Size (Sq. Ft.): 5,191
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $510.63
- Price Per Unit: 312250
Listed by REMAX Professionals, David Smith
Get Pre-Approved Today
Schools
Schools serving 1291 E 40th
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Wadsworth Avenue Elementary School 981 East 41st Street, Los Angeles, CA 90011 | K-5 | 0.4 mi |
Dr. Julian Nava Learning Academies-School Of Business And Technology 1420 East Adams Boulevard, Los Angeles, CA 90011 | 6-8 | 1.9 mi |
Thomas Jefferson Senior High School 1319 East 41st Street, Los Angeles, CA 90011 | 9-12 | 0.1 mi |
Nava College Preparatory Academy 1319 East 41st Street, Los Angeles, CA 90011 | 9-12 | 0.1 mi |
Santee Education Complex 1921 S. Maple Ave., Los Angeles, CA 90011 | 9-12 | 1.4 mi |
Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community High 300 East 53rd Street, Los Angeles, CA 90011 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1291 E 40th
Date
Details
Price
Change
Source
8/05/2026
Listed
$1,249,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1291 E 40th
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,172
3%
$655,825
4%
2023
$7,957
44%
$630,360
43%
2022
$5,514
1%
$439,601
2%
2021
$5,442
-1%
$430,982
1%
2020
$5,493
4%
$426,564
2%
2019
$5,285
695%
$418,200
962%
2018
$665
2%
$39,372
2%
2017
$651
6%
$38,601
2%
2016
$616
1%
$37,845
2%
2015
$609
-3%
$37,278
2%
2014
$631
—
$36,548
—
2013
$631
—
$36,384
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1291 E 40th
1291 E 40th, Los Angeles, CA 90011 (MLS# RS26171156) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1291 E 40th is currently listed for $1,249,000 and was received on August 05, 2026. Want to learn more about 1291 E 40th? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

