Date
Details
Price
Change
Source
7/20/2026
Listed
$849,995
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$849,995 Just Listed
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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.
Full Property Details
Full Property Details for 725 E 40th Pl
General
- Price: $849,995
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SB26146543
- Updated: 7/21/2026
- Days on Market: 2 days
- Added to Site: 2 day(s) ago
Interior
- Rooms/Areas: Walk-In Closet, Laundry, All Bedrooms Down, All Bedrooms Up, Kitchen, Living Room
- Interior Features: Laminate Counters
- Fireplace(s): None
- Appliances: None
- Flooring: Tile, Carpet, Laminate
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking Features: None, Uncovered
- Parking: None, Uncovered
Location
- Area: C42 - Downtown L.A.
- County: Los Angeles
- Development Name: C42 - Downtown L.A.
- Driving Directions: From I-110, exit Martin Luther King Jr. Blvd. Head east, turn right on Griffith Ave., then left on E. 40th Pl. Property will be on the left.
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 3
- # Electric Meters: 3
Structural Information
- Architectural Style: Traditional
- Roof: Composition, Shingle
- Entry Location: Front
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,135
- Year Built: 1997
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1888
- Lot Size (Sq. Ft.): 8,223
- Lot Size Source: Assessor
- Zoning: LARD2
- Lot Description: Front Yard
Financial Considerations
- Price Per Sq. Ft.: $398.12
- Price Per Unit: 283332
Listed by Compass, Jason Lowery
We Value Your Privacy
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Listing agent
— 725 E 40th Pl —
Jason Lowery
Compass
310.409.5374
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 725 E 40th Pl
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Wadsworth Avenue Elementary School 981 East 41st Street, Los Angeles, CA 90011 | K-5 | 0.2 mi |
Dr. Julian Nava Learning Academies-School Of Business And Technology 1420 East Adams Boulevard, Los Angeles, CA 90011 | 6-8 | 2.1 mi |
Thomas Jefferson Senior High School 1319 East 41st Street, Los Angeles, CA 90011 | 9-12 | 0.7 mi |
Nava College Preparatory Academy 1319 East 41st Street, Los Angeles, CA 90011 | 9-12 | 0.7 mi |
Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community High 300 East 53rd Street, Los Angeles, CA 90011 | 9-12 | 1.2 mi |
Santee Education Complex 1921 S. Maple Ave., Los Angeles, CA 90011 | 9-12 | 1.3 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 725 E 40th Pl
Tax History
Tax History for 725 E 40th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,178
3%
$390,502
-34%
2023
$5,017
5%
$595,072
62%
2022
$4,797
1%
$367,981
2%
2021
$4,732
-1%
$360,766
1%
2020
$4,774
4%
$357,068
2%
2019
$4,599
4%
$350,067
2%
2018
$4,441
2%
$343,204
2%
2017
$4,347
3%
$336,475
2%
2016
$4,232
1%
$329,878
2%
2015
$4,174
-1%
$324,924
2%
2014
$4,207
—
$318,560
—
2013
$4,207
—
$317,121
—
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 725 E 40th Pl
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- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 3Total Baths
- 2,020Sq. Ft.
- Single Family
- Active
- Updated 11 hours ago
- 3Beds
- 2Total Baths
- 1,500Sq. Ft.
Listed by Thomas Atamian and Associates (818) 235-6325
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- Business
- Active
- Updated 5 days ago
- 2,755Sq. Ft.
- 0.1706Acres
- Condo
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 945Sq. Ft.
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725 E 40th Place, Los Angeles, CA 90011 (MLS# SB26146543) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 725 E 40th Place is currently listed for $849,995 and was received on July 20, 2026. Want to learn more about 725 E 40th Place? 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.