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$800,000

  • Sold
  • Closed
  • Multi-Family
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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 for 725 E 40th Pl

General

  • Sold For: $800,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SB26146543
  • Added to Site: 131 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 Source: Assessor
  • Zoning: LARD2
  • Lot Description: Front Yard

Financial Considerations

  • Price Per Sq. Ft.: $374.71
  • Price Per Unit: 283332

Listed by Compass, Jason Lowery
Sold by Keller Williams Premier Properties, Edwin Rivera

Listing agent

— 725 E 40th Pl —

  • Jason Lowery

    Compass

310.409.5374

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 725 E 40th Pl

School District:Los Angeles Unified School District
NameGradesDistance
Wadsworth Avenue Elementary School
981 East 41st Street, Los Angeles, CA 90011
K-50.2 mi
Dr. Julian Nava Learning Academies-School Of Business And Technology
1420 East Adams Boulevard, Los Angeles, CA 90011
6-82.1 mi
Thomas Jefferson Senior High School
1319 East 41st Street, Los Angeles, CA 90011
9-120.7 mi
Nava College Preparatory Academy
1319 East 41st Street, Los Angeles, CA 90011
9-120.7 mi
Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community High
300 East 53rd Street, Los Angeles, CA 90011
9-121.2 mi
Santee Education Complex
1921 S. Maple Ave., Los Angeles, CA 90011
9-121.3 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

Date
Details
Price
Change
Source
9/15/2026
Sold
$800,000
-5.88%
MLS
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.

Listed by Compass, Jason Lowery
Sold by Keller Williams Premier Properties, Edwin Rivera

725 E 40th Place, Los Angeles, CA 90011 (MLS# SB26146543) is a Multi-Family property that was sold at $800,000 on September 15, 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.