737 E 40th

Los Angeles, CA 90011
$699,000
Value-add 4-unit opportunity in the high-demand 90011 corridor, just east of the 110 Freeway and south of MLK Jr. Blvd. Three detached buildings sit on a large 8,208 sq ft LARD2 lot: two separate 2-bed/1-bath houses and a duplex with two studios, totaling 2,229 sq ft of living space. The… Read MoreRead Less
Property listed by Equity Union, Jonathan Kim 661-312-2215
Listing Snapshot
Days Online
9
Last Updated
Property Type
Quadruplex
Lot Size
0.19 Acres
Year Built
1908
MLS Number
SR26212793
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Additional Details
Building
Built in 1908, 3 buildings, 1 storey, Entry level: 1, Entry location: 1
Community
Urban
Expenses
Insurance: $2,500, Maintenance: $1,303, Operating: $18,434, Water/Sewer: $5,894
Income
Gross Income: $62,700, Gross ScheduledIncome: $62,700, Net Operating Income: $44,266
Laundry
None
Lot
0.1885 acres
Parking
7 open parking spaces, 7 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 5114005026, Lot: 15
Utilities
Water Source: Public, 4 separate electric meters, 4 separate gas meters
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Monthly Payment
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Jeff Anderson
CEO
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.