Here Is An Exceptional Investment Opportunity!!! Unlock the potential of this 3-bedroom home nestled in the heart of Los Angeles. Situated on a generous LARD2 lot just under 6,000 sqft., this property offers immense opportunities for expansion, redevelopment, or to create a dream oasis.
This lot can possibly fit not one but two ADU’s. Conveniently located just minutes from BMO Stadium, L.A. Coliseum, USC, DTLA, Exposition park, and with easy access to public transportation and the 110Fwy. This property is perfectly positioned for both lifestyle or investment purposes. This property is ready for your creative touch. Whether you're looking to build, expand, or renovate, the possibilities are endless. Don’t miss this chance to bring your vision to life.
Sold for $1,400,000
Listed by: West Shores Realty, Inc. • Carol Spears • Contact: 310-541-8000
Bought with: West Shores Realty, Inc.
$1,400,000
173 W 40th Pl, Los Angeles, CA 90037
3beds
1,036sqft
Single Family Residence
Built in 1922
5,988 Square Feet Lot
$1,411,700 Zestimate®
$1,351/sqft
$2,004 Estimated rent
Home value
$1,411,700
$1.28M - $1.55M
$2,004/mo
Zestimate® history
Owner options
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$2,004/mo
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$8,891/mo
Est. payment
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$8,891/mo
Est. payment
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Immense opportunities for expansion
Zillow last checked:
Listing updated:
Listed by:
Carol Spears DRE #01496857 310-415-4189,
West Shores Realty, Inc.
Bought with:
Keith Jefferson, Jr., DRE #02215710
West Shores Realty, Inc.
Source: CRMLS,MLS#: SB24237904
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Other, Dining Room
Bathroom
- Features: Bathtub
Cooling
- None
Appliances
- Laundry: Inside
Features
- Separate/Formal Dining Room
- Flooring: Wood
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,036 sqft
Property
Parking
- Parking features: Uncovered
Accessibility
- Accessibility features: See Remarks
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Patio & porch: Front Porch
- Pool features: None
- Spa features: None
- Fencing: Chain Link
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 5,988 Square Feet
- Features: Back Yard
Details
- Parcel number: 5111024023
- Zoning: LARD2
- Special conditions: Probate Listing
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Tile
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $1,351/sqft
- Tax assessed value: $560,000
- Annual tax amount: $6,929
- Date on market: 11/20/2024
- Cumulative days on market: 13 days
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2026 | Sold | $1,400,000+150%$1,351/sqft |
Source: Public Record Report a problem | ||
| 12/23/2024 | Sold | $560,000$541/sqft |
Source:  CRMLS #SB24237904 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,929 +1300.3% | $560,000 +1896.3% |
| 2024 | $495 +1.4% | $28,052 +2% |
| 2023 | $488 +4% | $27,503 +2% |
| 2022 | $470 +2.6% | $26,964 +2% |
| 2021 | $457 +0.3% | $26,437 +1% |
| 2020 | $456 | $26,167 +2% |
| 2019 | $456 +13.2% | $25,655 +2% |
| 2018 | $403 | $25,153 +2% |
| 2017 | $403 +2.6% | $24,660 +2% |
| 2016 | $393 +5.8% | $24,177 +1.5% |
| 2015 | $371 -1.5% | $23,815 +2% |
| 2014 | $377 | $23,349 +2.5% |
| 2012 | -- | $22,790 +2% |
| 2011 | -- | $22,344 +0.7% |
| 2010 | -- | $22,178 -0.2% |
| 2009 | -- | $22,232 +2% |
| 2008 | -- | $21,797 +2% |
| 2007 | -- | $21,370 +2% |
| 2006 | -- | $20,952 |
| 2005 | -- | $20,952 +4% |
| 2004 | -- | $20,140 +1.9% |
| 2003 | -- | $19,772 +2% |
| 2002 | -- | $19,386 +4% |
| 2000 | -- | $18,636 |
Find assessor info on the county website
Neighborhood: Southeast Los Angeles
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Nearby schools
GreatSchools rating
- 3/10Trinity Street Elementary SchoolGrades: 2-5Distance: 0.4 mi
- 4/10William Jefferson Clinton Middle SchoolGrades: 6-8Distance: 0.5 mi
- 3/10Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community HighGrades: 9-12Distance: 1.2 mi
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Estimated market value
$1,411,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,411,700
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