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914 40th Place, Los Angeles, CA 90037

5 Bed, 3 Bath Multi-Family Home For Sale

914 40th Place, Los Angeles, CA 90037 House For Sale - MLS #18310696
Off the Market
$788,888
5
3
Multi-Family
3 Family
This listing is courtesy of David "Hon" Kim from WILSHIRE REAL ESTATE.

Property Description for 914 40th Place, Los Angeles, CA 90037

Location Location and Location. Bring your investors and developers ! 914 w 40th and 918 40th. Three, 2 bedrooms and 1 bath. These two separate properties. GREAT investment site 3 blocks south of USC campus and 1 block from the George Lucas' $1.5 billion art museum and Los Angeles Coliseum. Zoned R-3 TOC-TIER 3 Both lots combined are Approx, 10,530 Sf You could potentially build 23 unit or small lot subdivision. Both properties are ADJACENT and MUST SOLD TOGETHER.

Interior Details

2,976 sq. ft.
$265.08/sq. ft.

Exterior Details

0.13 acres
5,462 sq. ft.
3

Other Details

18310696
1923

Units Description

Unit #1
Bedrooms: 2      Full / Half Baths: 1      Rent: $12,049     

Unit #2
Bedrooms: 2      Full / Half Baths: 1      Rent: $10,813     

Unit #3
Bedrooms: 1      Full / Half Baths: 1      Rent: $7,105     

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Monthly Mortgage Payments

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$4,991

Town Description

Los Angeles is subject to earthquakes due to its location on the Pacific Ring of Fire. The geologic instability has produced numerous faults, which cause approximately 10,000 earthquakes annually. One...

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