Traditional

917 E 40th

Los Angeles , CA 90011

MLS#: OC25262442

$999,900

Status: Active
Listing number: OC25262442
Listing provided by: Nohco Real Estate
Listing agent phone: None
Last update: 5 days ago
On site: 5 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1924

Sq.Footage

N/A

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!

Features & Amenities

Interior

  • Other Interior Features

    Ceiling Fan(s)

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Wall Furnace

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Parking

    Concrete, Driveway, On Site

  • Pool

    Yes

  • Pool Features

    None

  • View

    None

Area & Lot

  • Lot Features

    Front Yard, Landscaped

  • Lot Size(acres)

    0.2885

  • Property Type

    Residential Income

  • Property Sub Type

    Apartment

  • Architectural Style

    Traditional

Price

  • Sales Price

    $999,900

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Foundation Details

    Raised

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    7

  • Water Source

    Public

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Location

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Los Angeles

Elementary School

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Listing Courtesy of Brian Noh , Nohco Real Estate

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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!

917 E 40th

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