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Listed by Jason Lowery CA DRE# 01817345 with Compass 310.409.5374

$849,995

725 E 40th Place

725 E 40th Place

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Jason Lowery

Jason Lowery

Mobile #: (310) 409-5374

Email: [email protected]

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725 E 40th Place

$849,995 | 725 E 40th Place, Los Angeles, CA 90011

Don't miss this rare opportunity to acquire a well-maintained, income-producing triplex in the heart of Los Angeles. Ideally situated just minutes from Downtown Los Angeles, the Arts District, and USC, this property offers investors a compelling combination of stable rental income, future appreciation, and value-add potential. The property features an attractive unit mix consisting of two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each residence has been meticulously cared for, providing a solid foundation for long-term ownership. Situated on a generously sized lot with ample off-street parking, the property may offer the opportunity to add an additional unit at the rear of the lot (buyer to verify with the City of Los Angeles), creating even greater income potential. Tenants are responsible for their own gas and electricity, helping to minimize operating expenses and maximize cash flow. Properties of this caliber, in this location, and with this level of upside rarely come to market. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this is an opportunity you won't want to miss.

  • For Sale

    Status
  • 2,135 Sq.Ft.

    Living Area
  • 8,223 Sq.Ft.

    Acres Lot
  • 1997

    Year Built

Features & Amenities

Area & Lot

Status:
For Sale
Living Space:
2,135 Sq.Ft.
Total Area:
2,135 Sq.Ft.
Lot Size:
8,223 Sq.Ft.
MLS® ID:
SB26146543
Type:
Multi-Family
Year Built:
1997
Architecture Styles:
Traditional
View Description:
Neighborhood

Interior

Laundry Room:
Inside
Flooring:
Carpet, Laminate, Tile
Fireplace:
None
Other Interior Features:
Laminate Counters, All Bedrooms Up, All Bedrooms Down, Walk-In Closet(s)

Exterior

Stories:
2 Floors
Water Source:
Public
Utilities:
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
Pool:
None
Roof:
Composition, Shingle
Lot Features:
Front Yard
Parking:
None, Uncovered
Heat Type:
Wall Furnace
Air Conditioning:
None
Sewer:
Public Sewer
Security Features:
Carbon Monoxide Detector(s), Smoke Detector(s)

Financial

Sales Price:
$849,995
Maintenance Fee:
$2,425/mo
Zoning:
LARD2

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Work With Us

We provide the highest level of sales expertise, exceptional service and experience to the Inglewood & South L.A. residential marketplace. The Lowery Group​ is the leading real estate team in Inglewood with over 20 years of combined experience and a team well versed in executing complex real estate transactions.

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