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$950,000
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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 occupied and the property offers huge upside 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. Well located in Los Angeles near Downtown, Crypto Arena, & close proximity to USC and the 110 Freeway. Terrific Opportunity!
Full Property Details
Full Property Details for 917 E 40th
General
- Sold For: $950,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC26029405
- Added to Site: 100 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom
- Interior Features: Ceiling Fan(s)
- Fireplace(s): None
- Appliances: Water Heater, Disposal, Gas Range, Dishwasher
- Flooring: Tile, Carpet
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking Features: On-Site, Uncovered
- Parking: 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: Wall/Window Unit(s)
- 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 Source: Assessor
- Lot Description: Landscaped, Lot 10000-19999 Sqft, 6-10 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $263.89
- Price Per Unit: 135714
Listed by Nohco Real Estate, Brian Noh
Sold by Century 21 Realty Masters, SERGIO TAFOLLA
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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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 917 E 40th
Date
Details
Price
Change
Source
5/19/2026
Sold
$950,000
—
MLS
2/10/2026
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
917 E 40th, Los Angeles, CA 90011 (MLS# OC26029405) is a Multi-Family property that was sold at $950,000 on May 19, 2026. Want to learn more about 917 E 40th? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

