858-525-5007

737 40th, Los Angeles CA 90011 | $699,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 8210 Lot Sq Ft
  • Type: Quadruplex
  • Stories: 1
  • Year Built: 1908
  • MLS#: SR26212793
  • Community: C42 - Downtown L.A.

Listing provided courtesy of Jonathan Kim of Equity Union. Last updated 2026-10-01 08:10:14.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.19 Acres
1 Story

David Piper​

Call or Text: 858-525-5007

DRE# 02021985