708 W 40th, Los Angeles, CA 90037
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708 W 40th, Los Angeles, CA 90037
708 W 40th, Los Angeles, CA 90037
708 W 40th, Los Angeles, CA 90037
708 W 40th, Los Angeles, CA 90037
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708 W 40th Los Angeles, CA 90037

5,401 Sqft Lot


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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26089504

HOA Y/N No

Year Built 1910

Lot Size 5,401 Sqft

Property Sub-Type Duplex

Property Description

Don't miss this chance to capitalize on a high-demand rental market and the benefits of building in a Qualified Opportunity Zoned at LARD1.5, offering the flexibility to grow or modernize the building further.
Well-maintained property. The roof was replaced in 2024, Copper Plumbing throughout , exterior painted in 2024, and updated electrical panels in both apartments in 2023.
Separate gas and electric meters.
Just a 5-minute walk from the BMO soccer stadium and the Coliseum, a 7-minute walk from the highly anticipated Lucas Museum of Narrative Art, the Natural History Museum and the California Science Center, and a 10-minute walk from USC and the Expo Line Station, which goes directly to downtown L.A. and to Santa Monica. The Coliseum will also be one of the venues for the 2028 Olympics. Quick access to the 10 & 110 Freeways makes commuting a breeze. 20 minutes from LAX.
Downstairs unit: 708 W. 40th Pl features:
Spacious and bright living room, 4 large sized bedrooms and 2 full bathrooms, In unit laundry.
Upstairs unit: 708 ½ W. 40th Pl features:
3 large sized Bedrooms and 1full and spacious bathroom, In unit laundry area.
Efficient ceiling fans in every bedroom. 7 car spaces available in the rear.
The building is secured with an iron fence and controlled access via remote entry, enhancing tenant appeal and retention.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Rooms

Other Rooms Storage

Interior

Interior Features Balcony, Ceiling Fan(s), Granite Counters, Storage, Attic

Heating Wall Furnace

Cooling None

Flooring Carpet, Laminate, Tile

Fireplaces Type None

Inclusions Tenants

Fireplace No

Appliance Gas Oven, Gas Range, Gas Water Heater

Laundry Laundry Closet

Exterior

Fence Electric, Wrought Iron

Pool None

Community Features Park, Street Lights, Suburban, Sidewalks

View Y/N Yes

View Neighborhood

Roof Type Shingle

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Back Yard, Front Yard

Story 2

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Craftsman

Level or Stories Two

Additional Building Storage

New Construction No

Others

Senior Community No

Tax ID 5019024005

Security Features Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://youtu.be/QOtlS96hDpE


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Listed by Marina Burgos Park Regency Realty 818-312-4291, DRE #01818048
Anne Marie Reggie
Anne Marie Reggie

Agent | License ID: 01416507

+1(562) 972-2079 | annemarie@reggieregroup.com

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708 W 40th