$950,000
917 E 40th
Los Angeles, CA, 90011
Only $75/sf land with huge upside. Value Add Opportunity! This fully occupied 7 unit multifamily property is comprised of four separate buildings on a big 12,567sf lot zoned RD1.5. All the units are currently tenant occupied w/ good rent histories, no delinquencies, and the property offers huge upside in the rents allowing for a local and/or savvy investor to create value and maximize rents. Built in 1924, this property totals 3,600sf in size and offers a solid unit mix with (7) 2 bed/1 bath bungalow style units each with a decent layout, full kitchen & bath, roomy bedrooms, washer/dryer hookups, and some private patio area. On a large 0.29acre double size lot, there are two driveways w/ a total of 10 open parking spaces to provide ample use by tenants & guests. Well located in Los Angeles near Downtown, Crypto Arena, & close proximity to USC and the 110 Freeway. Terrific Opportunity!
Property Details
Price:
$950,000
MLS #:
OC26029405
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
c37metropolitansouth
Listed Date:
Feb 10, 2026
Total Sq Ft:
3,600
Lot Size:
12,567 sqft / 0.29 acres (approx)
Year Built:
1924
Schools
Interior
Appliances
DW, GD, GR, WHU
Cooling
WW
Flooring
TILE, CARP
Heating
WL
Laundry Features
GAS, WH
Exterior
Architectural Style
TRD
Community Features
SDW, SL, CRB
Construction Materials
STC
Parking Spots
10
Roof
CMP
Security Features
SD, COD
Financial
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
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Current real estate data for Single Family in Los Angeles as of Feb 12, 2026
6,280
Single Family Listed
69
Avg DOM
520
Avg $ / SqFt
$1,491,171
Avg List Price
Community
- Address917 E 40th Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
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Property Summary
- 917 E 40th Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90011. It is listed for $950,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1924. The average price per square foot for Single Family listings in Los Angeles is $520. The average listing price for Single Family in Los Angeles is $1,491,171. To schedule a showing of MLS#oc26029405 at 917 E 40th in Los Angeles, CA, contact your James Outland agent at 8057482262.
Courtesy of Nohco Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than James Outland include the name of the listing broker. Neither the listing company nor James Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 917 E 40th
Los Angeles, CA