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918 W 40th Place, Los Angeles, CA 90037

$620,000 -$30,000 (-4.62%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • Updated 4 days ago
918 W 40th Place, Los Angeles, CA 90037 View this property at 918 W 40th Place, Los Angeles, CA 90037
918 W 40th Place Los Angeles CA 90037

Property Description

Fully occupied investment property. Long term tenants provide for an excellent opportunity for a future investor to reap the benefits of turnover and higher rents. Located just south of Martin Luther King Jr. Boulevard, the subject property is within walking distance to Menlo Elementary School and Manuel Art High School. The property is in a prime location and consists of 4 one bedroom and one bad. Also minutes away from the Los Angeles Sports Coliseum. Property is sold as-is

Full Property Details for 918 W 40th Place

  • Price: $620,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: PW16728517
  • Updated: 11/28/2016
  • Added: 47 day(s) ago

Property History

  • 918 W 40th Place, Los Angeles, CA
  • Reduced to $620,000 on 11/28/16
  • Listed at $650,000 on 10/17/16

Interior

  • Fireplace(s): See Remarks

Rooms

Other Rooms

  • Laundry: See Remarks

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 3

Location

  • Area: C34 - Los Angeles Southwest
  • County: Los Angeles
  • Development Name: C34 - Los Angeles Southwest
  • Driving Directions: See GPS

Heating & Cooling

  • Cooling Type: See Remarks
  • Heating Type: See Remarks

Utilities

  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • Square Feet: 3,910
  • Year Built: 1915

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size Source: Assessor
  • Zoning: LAR3
  • Lot Description: No Landscaping

Financial Considerations

  • Price Per Sq. Ft.: $158.57

Listed by CA Dream Realty, Hoa Tang

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Estimate the Cost

918 W 40th Place will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

918 W 40th Place, Los Angeles, CA 90037 (MLS# PW16728517) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 918 W 40th Place is currently listed for $620,000 and was received on October 17, 2016. Want to learn more about 918 W 40th Place? 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.

Listed by CA Dream Realty, Hoa Tang

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