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$700,000
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Property Description
Prime income-producing opportunity in Los Angeles, located in the desirable Exposition Park and University Park area just south of the University of Southern California campus, about one to two miles from the heart of campus in the University Park neighborhood. 712 to 714 W 40th Pl, Los Angeles, CA 90037 is a fully occupied triplex featuring one duplex with a shared wall and a back house, with on-site parking and a detached one-car garage. The property is fully gated and features recent capital improvements, including roof, windows, security bars, and a concrete driveway. Delivered with tenants in place, this asset offers immediate and consistent rental income and is centrally located near major freeways, public transportation, and local amenities, making it an ideal investment in a strong rental market.
Full Property Details
Full Property Details for 712 W 40th Pl
General
- Sold For: $700,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26656523
- Added to Site: 94 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Additional Information
- Pool Description: None
- Spa Description: None
- Other Features: None
Parking
- Covered Spaces: 1
- Garage Description: Driveway Gate, Garage - 1 Car
Location
- Area: Downtown L.A.
- County: Los Angeles
- Driving Directions: Off Figueroa St and MLK Blvd one street in off Figueroa 40th PL
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Gas
Structural Information
- # Buildings: 2
- Stories/Levels: 0
- Square Feet: 2,044
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1923
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 3
- Unit Type: 2106, 2107, 2108
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 2
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.124
- Lot Size: 5402
- Lot Size Source: Vendor Enhanced
- Zoning: LARD1.5
Financial Considerations
- Price Per Sq. Ft.: $337.57
- Assessment Year: 1923
- Owner Pays: Water
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5019-024-004
Listed by Keller Williams Sierra Madre, Maria Sarmiento
Sold by Non-member Office, Non-member 999999
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Schools
Schools serving 712 W 40th Pl
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 | 1.4 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 712 W 40th Pl
Date
Details
Price
Change
Source
5/19/2026
Sold
$700,000
1.45%
MLS
4/02/2026
Price Reduced
$690,000
-12.66%
MLS
2/25/2026
Listed
$790,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
712 W 40th Pl, Los Angeles, CA 90037 (MLS# 26656523) is a Multi-Family property that was sold at $700,000 on May 19, 2026. Want to learn more about 712 W 40th Pl? Do you have questions about finding other Multi-Family 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.

