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$699,000 Sale Pending
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Property Description & Video
708 W 40th, Los Angeles, CAVideo Tour of 708 W 40th, Los Angeles, CA.
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.
Full Property Details
Full Property Details for 708 W 40th
General
- Price: $699,000
- Status: Pending
- Type: Duplex
- Source: MRMLS
- MLS ID: SR26089569
- Updated: 5/19/2026
- Days on Market: 36 days
- Added to Site: 36 day(s) ago
Interior
- Rooms/Areas: Laundry, Kitchen, Living Room
- Interior Features: Balcony, Copper Plumbing (Partial), Ceiling Fan(s), Recessed Lighting, Storage, Tile Counters, Granite Counters
- Fireplace(s): None
- Eating Areas: In Kitchen
- Appliances: Gas Water Heater, Gas Range, Gas Oven
- Flooring: Tile, Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 7
Other Rooms
- Laundry: Gas Dryer Hookup, In Closet
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Wood, Porch
Parking
- Garage: Yes
- Garage Spaces: 7
- Parking: Concrete, Assigned, Side-by-Side, Garage Door Opener
Location
- County: Los Angeles
- Driving Directions: Exit Martin Lutter King of the freeway 110, turn left on Vermont
School Information
- School District: Los Angeles Unified
Community
- Community Features: Street Lights, Suburban, Park
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Craftsman
- Structure Type: Duplex
- Construction: Stucco
- Foundation: Raised
- Roof: Shingle
- Common Walls: No Common Walls
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,295
- Sq. Ft. Source: Assessor
- Year Built: 1910
- Year Built Source: Assessor
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.124
- Lot Size (Sq. Ft.): 5,400
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
- Fencing (Description): Electric, Wrought Iron
Financial Considerations
- Price Per Sq. Ft.: $304.58
Disclosures and Reports
- Special Conditions: Standard
- Inclusions: Tenants
Listed by Park Regency Realty, Marina Burgos
Get Pre-Approved Today
Schools
Schools serving 708 W 40th
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Menlo Avenue Elementary School 4156 Menlo Avenue, Los Angeles, CA 90037 | K-5 | 0.3 mi |
Barack Obama Global Preparation Academy 1700 West 46th Street, Los Angeles, CA 90062 | 6-8 | 1.5 mi |
Manual Arts Senior High School 4131 South Vermont Avenue, Los Angeles, CA 90037 | 9-12 | 0.3 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 708 W 40th
Date
Details
Price
Change
Source
4/24/2026
Listed
$699,000
26.63%
MLS
6/22/2017
Sold
$552,000
—
Public Record
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 708 W 40th
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,850
3%
$628,076
4%
2023
$7,622
5%
$603,689
2%
2022
$7,278
1%
$591,853
2%
2021
$7,179
-1%
$580,249
1%
2020
$7,249
4%
$574,300
2%
2019
$6,969
2%
$563,040
2%
2018
$6,862
40%
$552,000
42%
2017
$4,884
3%
$387,600
2%
2016
$4,755
-12%
$380,000
-12%
2015
$5,393
-1%
$433,491
2%
2014
$5,423
107%
$425,000
118%
2013
$2,625
—
$195,000
—
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 708 W 40th
708 W 40th, Los Angeles, CA 90037 (MLS# SR26089569) is a Duplex property with 7 bedrooms and 3 full bathrooms. 708 W 40th is currently listed for $699,000 and was received on April 24, 2026. Want to learn more about 708 W 40th? 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.

