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    914 W 40Th Pl

    Los Angeles, CA 90037
    • $797,500
    • STATUS: Active
    • ON SITE: 82 days
    • ID#: 20-629322
    UPDATED: 48 min ago
    $797,500
    • 5
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,976
      SQFT
    • $268
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    We are pleased to offer for sale this four (4) unit multifamily investment offering, located in the City of Los Angeles. The subject property is constructed of wood frame and stucco, built-in 1942, with approximately 2,976 rentable sqft on a 5,462 sqft lot. The asset is comprised of a two-story structure, with a unit mix consisting of two (2) 2+1 units and two (2) 1+1 units. 55% upside in rents and 1 block away from the Coliseum.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-12-02T09:42:57.96. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.trulinerealty.com/homes/109900013
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    914 W 40Th Pl Los Angeles, CA 90037

    • Price: $797,500
    • Status: Active
    • Updated: 48 min ago
    • ID#: 20-629322
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2,976
    SQFT
    $268
    $/SQFT
    1923
    Built
    Neighborhood:
    Los Angeles Southwest
    County:
    Los Angeles
    Area:
    Los Angeles Southwest
    Property Description
    We are pleased to offer for sale this four (4) unit multifamily investment offering, located in the City of Los Angeles. The subject property is constructed of wood frame and stucco, built-in 1942, with approximately 2,976 rentable sqft on a 5,462 sqft lot. The asset is comprised of a two-story structure, with a unit mix consisting of two (2) 2+1 units and two (2) 1+1 units. 55% upside in rents and 1 block away from the Coliseum.
    Exterior Features

    Lot Size Area 5462 Other Structures None Parking Garage Driveway Total Parking 3

    Interior Features

    Baths Total 5.00 Cooling Central Equipment RefrigeratorFreezerDishwasher Heating Central

    Property Features

    Assessed Total Value 41988 Gross Income 40512 Gross Operating Income 38486 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 26333.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Title Company Source Lot Size Area Vendor Enhanced Total Annual Expense 14179 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Sherwin Soumekh DRE#02022101 of Brc Advisors- Bh.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-12-02T09:42:57.96. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    TruLine Realty
    8644 Wilshire Blvd. Suite 204
    Beverly Hills CA, 90211