Property Detail

917 40th

Los Angeles CA 90011

$999,900

Status: Active

Property Details

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!

Map Location

Listing provided courtesy of Brian Noh of Nohco Real Estate. Last updated 2025-12-17 09:11:17.000000. Listing information © 2025 CRMLS.

Destiny Six Financial
admin Real estate 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 6:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM https://static.royacdn.com/Site-69367b46-38a9-47a3-ab4d-b67fef77f61f/teamAssets/derrick_.png realtor # # # https://static.royacdn.com/Site-69367b46-38a9-47a3-ab4d-b67fef77f61f/teamAssets/derrick_.png