Skip To Content

708 W 40th

Los Angeles (City), CA 90037
  • $699,000
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: SR26089504
$699,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Ratings & Info

Listing Agent(s): Marina Burgos of Park Regency Realty (818-363-6116)


Description

Don’t miss this chance to capitalize on a high-demand rental market and the benefits of building in a Qualified Opportunity Zoned at LARD1.5, offering the flexibility to grow or modernize the building further.Well-maintained property. The roof was replaced in 2024, Copper Plumbing throughout , exterior painted in 2024, and updated electrical panels in both apartments in 2023.Separate gas and electric meters.Just a 5-minute walk from the BMO soccer stadium and the Coliseum, a 7-minute walk from the highly anticipated Lucas Museum of Narrative Art, the Natural History Museum and the California Science Center, and a 10-minute walk from USC and the Expo Line Station, which goes directly to downtown L.A. and to Santa Monica. The Coliseum will also be one of the venues for the 2028 Olympics. Quick access to the 10 & 110 Freeways makes commuting a breeze. 20 minutes from LAX.Downstairs unit: 708 W. 40th Pl features:Spacious and bright living room, 4 large sized bedrooms and 2 full bathrooms, In unit laundry.Upstairs unit: 708 ½ W. 40th Pl features:3 large sized Bedrooms and 1full and spacious bathroom, In unit laundry area.Efficient ceiling fans in every bedroom. 7 car spaces available in the rear.The building is secured with an iron fence and controlled access via remote entry, enhancing tenant appeal and retention.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-10T00:37:38.39. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
www.inlandempiresold.com/homes/175783333
Print Image

708 W 40th Los Angeles (City), CA 90037

  • Price: $699,000
  • Status: Active
  • On Site: 15 Days
  • ID#: SR26089504
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1910
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
Don’t miss this chance to capitalize on a high-demand rental market and the benefits of building in a Qualified Opportunity Zoned at LARD1.5, offering the flexibility to grow or modernize the building further.Well-maintained property. The roof was replaced in 2024, Copper Plumbing throughout , exterior painted in 2024, and updated electrical panels in both apartments in 2023.Separate gas and electric meters.Just a 5-minute walk from the BMO soccer stadium and the Coliseum, a 7-minute walk from the highly anticipated Lucas Museum of Narrative Art, the Natural History Museum and the California Science Center, and a 10-minute walk from USC and the Expo Line Station, which goes directly to downtown L.A. and to Santa Monica. The Coliseum will also be one of the venues for the 2028 Olympics. Quick access to the 10 & 110 Freeways makes commuting a breeze. 20 minutes from LAX.Downstairs unit: 708 W. 40th Pl features:Spacious and bright living room, 4 large sized bedrooms and 2 full bathrooms, In unit laundry.Upstairs unit: 708 ½ W. 40th Pl features:3 large sized Bedrooms and 1full and spacious bathroom, In unit laundry area.Efficient ceiling fans in every bedroom. 7 car spaces available in the rear.The building is secured with an iron fence and controlled access via remote entry, enhancing tenant appeal and retention.
Exterior Features

Architectural Style Craftsman Construction Materials DrywallStucco Entry Level 1 Entry Location 40th place Fencing ElectricWrought Iron Foundation Details Raised Lot Features 0-1 Unit/AcreBack YardFront Yard Number Of Separate Electric Meters 2 Other Structures Storage Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Shingle Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Appliances Gas OvenGas RangeGas Water Heater Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring CarpetLaminateTile Heating Wall Furnace Heating YN Yes Interior Features BalconyCeiling Fan(s)Granite CountersStorageAttic Window Features Screens

Property Features

Additional Parcels YN No Common Interest None Community Features ParkStreet LightsSuburbanSidewalks Contingency NONE Electric Standard Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 51900 Inclusions Tenants Insurance Expense 3742 Land Lease YN No Laundry Features Laundry Closet Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 46097 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 5803 Property Sub Type Duplex Rent Control YN Yes Security Features Carbon Monoxide Detector(s)Security GateSmoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 261 Water Sewer Expense 1800 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-10T00:37:38.39. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_426965005-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_426965005-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_426965005-2.jpg
Logo
RE/MAX Empire Properties
street
Hemet CA, 92545
Listing Agent(s): Marina Burgos of Park Regency Realty (818-363-6116)