Date
Details
Price
Change
Source
12/15/2025
Listed
$999,900
—
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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1/18
$999,900
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1/18
Property Description
This fully occupied 7 unit multifamily property is comprised of four separate buildings on a big 12,567sf lot zoned RD1.5. All the units are currently tenant occupied w/ good rent histories, no delinquencies, and the property offers huge upside in the rents allowing for a local and/or savvy investor to create value and maximize rents.
Built in 1924, this property totals 3,600sf in size and offers a solid unit mix with (7) 2 bed/1 bath bungalow style units each with a decent layout, full kitchen & bath, roomy bedrooms, washer/dryer hookups, and some private patio area.
On a large 0.29acre double size lot, there are two driveways w/ a total of 10 open parking spaces to provide ample use by tenants & guests. Well located in Los Angeles near Downtown, Crypto Arena, & close proximity to USC and the 110 Freeway. This is a true Value Add Opportunity!
Full Property Details
Full Property Details for 917 E 40th
General
- Price: $999,900
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC25262442
- Updated: 1/13/2026
- Days on Market: 32 days
- Added to Site: 32 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, Kitchen, Living Room
- Interior Features: Ceiling Fan(s)
- Fireplace(s): None
- Appliances: Disposal, Gas Range, Range Hood, Water Heater
- Flooring: Carpet, Tile
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking Features: Driveway, Concrete, On-Site, Uncovered
- Parking: Driveway, Concrete, On-Site, Uncovered
Location
- Area: C37 - Metropolitan South
- County: Los Angeles
- Development Name: C37 - Metropolitan South
- Driving Directions: Off 110 fwy, head east on MLK, south to 40th pl, between Mckinley and Wadsworth.
- Direction Faces: South
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 7
- # Electric Meters: 7
Structural Information
- Architectural Style: Traditional
- Foundation: Raised
- Roof: Composition
- Entry Location: Front
- Stories/Levels: One
- Stories Description: One
- Square Feet: 3,600
- Year Built: 1924
Unit Information
Unit 1
- Number of Units: 7
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: None
- Lot Size (Acres): 0.2885
- Lot Size (Sq. Ft.): 12,567
- Lot Size Source: Assessor
- Lot Description: 6-10 Units/Acre, Front Yard, Landscaped, Lot 10000-19999 Sqft
Financial Considerations
- Price Per Sq. Ft.: $277.75
- Price Per Unit: 142843
Listed by Nohco Real Estate, Brian Noh
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Listing agent
— 917 E 40th —
Brian Noh
Nohco Real Estate
9493085775
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 917 E 40th
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Wadsworth Avenue Elementary School 981 East 41st Street, Los Angeles, CA 90011 | K-5 | 0.1 mi |
Dr. Julian Nava Learning Academies-School Of Business And Technology 1420 East Adams Boulevard, Los Angeles, CA 90011 | 6-8 | 2 mi |
Thomas Jefferson Senior High School 1319 East 41st Street, Los Angeles, CA 90011 | 9-12 | 0.5 mi |
Nava College Preparatory Academy 1319 East 41st Street, Los Angeles, CA 90011 | 9-12 | 0.5 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 917 E 40th
Tax History
Tax History for 917 E 40th
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,087
3%
$568,910
4%
2023
$7,835
4%
$546,819
2%
2022
$7,516
1%
$536,098
2%
2021
$7,418
-1%
$525,587
1%
2020
$7,479
4%
$520,198
2%
2019
$7,225
4%
$509,999
2%
2018
$6,969
3%
$500,000
2%
2017
$6,788
3%
$490,197
2%
2016
$6,614
1%
$480,587
2%
2015
$6,529
-1%
$473,369
2%
2014
$6,596
—
$464,097
—
2013
$6,587
—
$462,000
—
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 917 E 40th
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- Single Family
- Active
- Updated 10 hours ago
- 4Beds
- 2Total Baths
- 1,635Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 2Beds
- 1Total Bath
- 840Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 10Beds
- 6Total Baths
- 3,769Sq. Ft.
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917 E 40th, Los Angeles, CA 90011 (MLS# OC25262442) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 917 E 40th is currently listed for $999,900 and was received on December 15, 2025. Want to learn more about 917 E 40th? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.