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Property Description
This motivated seller is willing to help buyers with closing costs. The property can be both a place for you to live and enjoy AND an produce rental income to help you make the mortgage payment!! This gem has TONS to offer! This stunning property boasts an impressive 8 bedrooms and 4 bathrooms in total, providing lots of space for your family, loved ones, and guests. As you step inside, you'll immediately notice the open floor plan and extra loft / bonus flex space (currently staged as a room), perfect for creating personalized areas for work, play, or relaxation. The HUGE front house has 4 beds, 2 baths, a formal dining and living area, and LARGE size rooms!
The second unit hosts an additional 3 beds, and 1 baths with kitchenettes, ensuring both style and functionality for years to come. AND the converted garage has an additional bed, bath, and kitchenette. Both units and garage underwent major facelifts.
Parking will never be an issue with ample spaces available, making hosting gatherings and accommodating multiple vehicles a breeze.
Conveniently located near major highways, this property is ideal for commuters looking for easy access to all parts of the city. Plus, its proximity to USC, sports stadiums, shopping centers, and restaurants ensures you'll always be just moments away from entertainment and amenities.
AND the perks don't stop there! This garage conversion also comes with approved permits for an ADU (Accessory Dwelling Unit), providing additional rental income potential. PLANS THAT ARE APPROVED BY THE CITY OF LOS ANGELES AND CLEARED BY THE DEPARTMENT OF WATER AND POWER ARE SOLD WITH THE PROPERTY. OR keep that property as is and start getting rental income NOW! Tons of options are available with this property.
Don't miss out on the opportunity to make this incredible property your own!
Full Property Details
Full Property Details for 232 W 40th Pl
General
- Sold For: $1,000,000
- Status: Closed
- Type: Duplex
- Source: MRMLS
- MLS ID: DW24084969
- Added to Site: 178 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, Bonus Room, Loft
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Gas Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
Location
- County: Los Angeles
- Driving Directions: 40th Pl and Broadway
School Information
- School District: Los Angeles Unified
Community
- Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Duplex
- Common Walls: No Common Walls
- Entry Location: Front
- Stories/Levels: One,Two
- Stories Description: One, Two
- Square Feet: 2,407
- Sq. Ft. Source: Assessor
- Year Built: 1916
- Year Built Source: Assessor
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1499
- Lot Size Source: Assessor
- Zoning: LARD2
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $415.45
Disclosures and Reports
- Special Conditions: Standard
Listed and Sold by Pillar Realty, Jonathan Calderon
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Schools
Schools serving 232 W 40th Pl
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
3736 Trinity St, Los Angeles, CA 90011 | 2-5 | 0.5 mi | |
Maple Primary Center
3601 Maple Ave, Los Angeles, CA 90011 | PK-1 | 0.5 mi | |
3500 S Hill St, Los Angeles, CA 90007 | 6-8 | 0.5 mi | |
1319 E 41st St, Los Angeles, CA 90011 | 9-12 | 1.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 232 W 40th Pl
Date
Details
Price
Change
Source
8/26/2024
Sold
$1,000,000
-18.37%
MLS
6/15/2024
Price Reduced
$1,224,995
-2%
MLS
5/06/2024
Listed
$1,249,995
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
232 W 40th Place, Los Angeles, CA 90037 (MLS# DW24084969) is a Duplex property that was sold at $1,000,000 on August 26, 2024. Want to learn more about 232 W 40th Place? Do you have questions about finding other Duplex real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.