Los Angeles, CA 90037 602 W 40th Place 3

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Presented By: Juana Luna Lopez with Victoria Premier Realty; 562-536-9355
  • MLS# DW23162842
  • 09/02/2023
  • Request Tour
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  • Beds • 30
  • Baths • 5
  • SQFT • 3,692

Home Details

GREAT INVESTMENT OPPORTUNITY! This property offers the perfect combination of location and investment potential. This highly sought after property consist of three units. The front units has 4 bedrooms and 2 bathrooms on the first floor and 2 bedrooms and 1 bath on the 2nd floor. The 2 story rear unit was built in 2005 and has 4 bedrooms and 2 baths. Ideally located just steps from the BMO Stadium and a short walk to University of Southern California, Los Angeles Memorial Coliseum, and Natural History Museum of Los Angeles County. Property will be delivered with tenants in all units. Tenants are current with rent.
Presented By: Juana Luna Lopez with Victoria Premier Realty; 562-536-9355

Interior Features for 602 W 40th Place 3

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate, Tile
Heating Y/NNo
Laundry FeaturesNone
Total Stories2

Other Rooms

Entry Level1

General for 602 W 40th Place 3

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesSidewalks, Urban
CountyLos Angeles
Days on Market364
DirectionsTake the I-110S/CA-110 N exit. Merge onto I-110 S. Take exit 20A for Martin Luther King Jr. Blvd toward Coliseum. Turn rignt onto Martin Luthern King Jr Blvd, turn left onto S Figueroa St.. Turn right
Electric Expense0.0
Entry Locationfirst floor
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income76000.0
HOA0.0
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense1500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6750.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income76000.0
New ConstructionNo
NumberOfUnitsTotal3
Operating Expense10000.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot42
TermsCash, CashtoNewLoan, Conventional, FHA
Trash Expense0.0
Unit Number3
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1908
Year Built SourceAssessor
ZoningLARD1.5

Exterior for 602 W 40th Place 3

Building Area Total3692.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.155
Lot Size Area6750.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesOnSite
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $1,799,999
MLS#DW23162842
List Date 09/02/2023
Property Type Multi-Family
Phone 310.658.1749
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