714-745-2708

737 E 40th, Los Angeles, CA 90011

$699,000 Approx. USD 0 beds, 0 baths

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Jonathan Kim | jonathan4re@gmail.com
Lic#: 01419100
Broker: Courtesy of Equity Union
Phone: 818-949-8220

Agent Remarks

Value-add 4-unit opportunity in the high-demand 90011 corridor, just east of the 110 Freeway and south of MLK Jr. Blvd. Three detached buildings sit on a large 8,208 sq ft LARD2 lot: two separate 2-bed/1-bath houses and a duplex with two studios, totaling 2,229 sq ft of living space. The property is 100% occupied and brings in $5,225/month ($62,700/year) in gross income which translates into 6.33 CAP. Rents are below market, which gives a clear path to higher NOI as units turn over. Units are separately metered, and the owner pays only water. Parking for 7 vehicles. Minutes to USC, Exposition Park, the LA Memorial Coliseum and Downtown LA, with a Walkability Score of 78. An entry-level price for a multifamily asset with cash flow today and room to grow.

Listing Details

Property type: Quadruplex (Multi-Family)

Status: Active

MLS# SR26212793

Price: $699,000

Beds: 0

Baths: 0

Built in 1908

0.19 acres

Lot size: 0.1885

County: Los Angeles

MLS area: C42 - Downtown L.A.

Last Updated: 10/1/2026

Days On Market (DOM): 5

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This listing belongs to the C42 - Downtown L.A. MLS area

Lat/Long: 34.010266, -118.262769.
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