714 W 40th Pl - Multi-Family FOR SALE


Los Angeles, CA 90037- Vermont Harbor
$790,000 USD
833-832-6770
714 W 40th Pl, Los Angeles, CA for Sale
$790,000 USD
Multi-Family - FOR SALE
1/11
null | 8.54% Cap Rate

714 W 40th Pl
Los Angeles, CA 90037
Vermont Harbor


OVERVIEW

Prime income-producing opportunity in Los Angeles, located in the desirable Exposition Park and University Park area just south of the University of Southern California campus, about one to two miles from the heart of campus in the University Park neighborhood. 712 to 714 W 40th Pl, Los Angeles, CA 90037 is a fully occupied triplex featuring one duplex with a shared wall and a back house, with on-site parking and a detached one-car garage. The property is fully gated and features recent capital improvements, including roof, windows, security bars, and a concrete driveway. Delivered with tenants in place, this asset offers immediate and consistent rental income and is centrally located near major freeways, public transportation, and local amenities, making it an ideal investment in a strong rental market.

FOR SALE DETAILS

PRICE

$790,000 USD

PRICE/SF

$273 USD /SF

# OF UNITS

3

PRICE/UNIT

$263,333

CAP RATE

8.54%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,390 SF

ZONING

-

APN/PARCEL ID

5019-024-004

ASK ABOUT THIS PROPERTY

Maria SarmientoKeller Williams RealtyMore Info
833-832-6770

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Maria SarmientoKeller Williams RealtyMore Info
833-832-6770

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.