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232 W 40th Pl, Los Angeles, CA, 90037
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232 W 40th Pl Los Angeles, CA, 90037

$1,249,995 Multi-Family for sale 7 beds 4 baths

Welcome to your dream home in the heart of Los Angeles! AND enjoy the income potential this gem has to offer! This stunning property boasts an impressive 7 bedrooms and 4 bathrooms, providing lots of space for your family, loved ones, and guests. As you step inside, you'll immediately notice the open floor plan and extra loft / bonus flex space, perfect for creating personalized areas for work, play, or relaxation. The HUGE front house has 3 beds, 2 baths, a formal dining and living area, and LARGE size rooms! The second unit hosts an additional 4 beds, and 2 baths with kitchenettes, ensuring both style and functionality for years to come. Both units underwent major facelifts. Parking will never be an issue with ample spaces available, making hosting gatherings and accommodating multiple vehicles a breeze. Conveniently located near major highways, this property is ideal for commuters looking for easy access to all parts of the city. Plus, its proximity to USC, sports stadiums, shopping centers, and restaurants ensures you'll always be just moments away from entertainment and amenities. AND the perks don't stop there! This home also comes with approved permits for an ADU (Accessory Dwelling Unit), providing additional rental income potential. PLANS THAT ARE APPROVED BY THE CITY OF
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Property details

2,407 sqft interior area
Interior area
2,407 sqft
View
Other
Days on Verhouse
14
Address
232 W 40th Pl, Los Angeles, CA, 90037
City of California
Los Angeles
County
Los Angeles
Year Built
1916
Land SqFt
6,529 sqft (0.15 acres)
District
Listing

Open Houses

No upcoming open houses

Interior Features

Beds
7
Baths
4
Stories
One Story
Other rooms
Bonus/Plus Room

Listed by

Jonathan Calderon, Pillar Realty
Name
Jonathan Calderon
License number
01982607
Brokerage company
Pillar Realty
MLS #
CRDW24084969

Payment calculator

Calculate your monthly payments
Mortgage
$3,838
Taxes
$0
HOA dues
$0
$3,838 per month
Mortgage
$249,999 / 20%
2.28%
30 years
Your amount $3,838 / month

Exterior Features

Pool
None

Lot details

TMK #5111022008
Lot Description
Street Light(s), Storm Drain
Parcel nr.
5111022008

90037 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data

People living in 90037

46%
Families with children
National average: 39%
42%
Non family households
767,225
Population
$56,206
Average Income

Age & gender

Median age 32 years
More info

Commute types

66% commute by car
More info

Education level

38% have not graduated education
More info

Number of employees

1% work in construction
More info

Vehicles available

38% have 1 vehicle
More info

Vehicles by gender

38% have 1 vehicle
More info

Housing market insights for

$854.39k
Neighborhood average
sales price*
$708.2k
Neighborhood median
sales price*
510
Number
of sales*

Housing type

33% are single detacheds
More info

Rooms

37% of the houses have 4 or 5 rooms
More info

Bedrooms

49% have 2 or 3 bedrooms
More info

Owners vs Renters

78% are renters
More info
12.83 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Unit Information

Total Units
2

Price history

New Listing May 6, 2024
Date Event Price $/sqft Source
May 6, 2024 New Listing $1,249,995 +50.97% 606.79 MLS #CRDW24084969
Mar 11, 2024 Sold $828,000 401.94 Public Record
Mar 11, 2024 Price Decrease $828,000 -16.28% 401.94 MLS #CL22214425
Mar 2, 2023 Under contract $989,000 480.1 MLS #CL22214425
Nov 1, 2022 New Listing $989,000 480.1 MLS #CL22214425

Taxes of 232 W 40th Pl, Los Angeles, CA, 90037

LARD zoning / MLS #CRDW24084969
Zoning
LARD

Agent viewpoints of 232 W 40th Pl, Los Angeles, CA, 90037

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Frequently Asked Questions about 232 W 40th Pl

Which year was this multi-family built?

This multi-family was build in 1916.

What is the full address of this Multi-Family?

232 W 40th Pl, Los Angeles, CA, 90037.

Based on information from the bridgeMLS as of 05-19-2024. 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.

Listing last updated on: May 18, 2024
Verhouse Last checked 3 minutes ago


The closest grocery stores are Cal Mart Beer & Wine Food Store, 1.06 miles away and Trader Joe's, 1.2 miles away.
The 90037 zip area has a population of 767,225, and 46% of the families have children. The median age is 32.68 years and 66% commute by car. The most popular housing type is "single detached" and 78% is renter.
Multi-Family For sale $1.25m 232 W 40th Pl, Los Angeles, CA, 90037 7 beds / 4 baths Save House Remove from Saved