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. The building is secured with an iron fence and controlled access via remote entry, enhancing tenant appeal and retention.
Sold for $705,000
Listing Provided by: Park Regency Realty
Bought with: NONMEMBER MRML
Zestimate®
$705,000
708 W 40th Pl, Los Angeles, CA 90037
7beds
2,295sqft
Duplex
Built in 1910
5,400 Square Feet Lot
$705,000 Zestimate®
$307/sqft
$4,653 Estimated rent
Home value
$705,000
$642,000 - $776,000
$4,653/mo
Zestimate® history
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Copper plumbing throughoutIn unit laundry
Zillow last checked:
Listing updated:
Listing Provided by:
Marina Burgos DRE #01818048 818-312-4291,
Park Regency Realty
Bought with:
General NONMEMBER, DRE #01490126
NONMEMBER MRML
Source: CRMLS,MLS#: SR26089569
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Bathroom
- Features: Bathtub, Separate Shower, Tub Shower
Kitchen
- Features: Granite Counters
Cooling
- None
Appliances
- Included: Gas Oven, Gas Range, Gas Water Heater
- Laundry: Gas Dryer Hookup, Laundry Closet
Features
- Balcony, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Recessed Lighting, Storage, Tile Counters
- Flooring: Carpet, Laminate, Tile
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,295 sqft
Property
Parking
- Total spaces: 7
- Parking features: Assigned, Concrete, Garage, Garage Door Opener, Side By Side
- Garage spaces: 7
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Patio & porch: Porch, Wood
- Pool features: None
- Spa features: None
- Fencing: Electric,Wrought Iron
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 5,400 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5019024005
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Duplex
Materials
- Stucco
- Foundation: Raised
- Roof: Shingle
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Park, Street Lights, Suburban
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Sold | $705,000+0.9%$307/sqft |
Source:  CRMLS #SR26089569 Report a problem | ||
| 5/19/2026 | Contingent | $699,000$305/sqft |
Source: CRMLS #SR26089504 Report a problem | ||
| 4/24/2026 | Listed for sale | $699,000+26.6%$305/sqft |
Source: CRMLS #SR26089504 Report a problem | ||
| 8/4/2017 | Sold | $552,000+13.8%$241/sqft |
Source: Public Record Report a problem | ||
| 6/9/2017 | Pending sale | $485,000$211/sqft |
Source: UNITED BROKERS REALTY #MB17117990 Report a problem | ||
| 5/26/2017 | Listed for sale | $485,000+148.7%$211/sqft |
Source: UNITED BROKERS REALTY #MB17117990 Report a problem | ||
| 4/8/2014 | Listing removed | $2,000$1/sqft |
Source: Go Section8 Report a problem | ||
| 2/15/2014 | Listed for rent | $2,000$1/sqft |
Source: Go Section8 Report a problem | ||
| 7/10/2012 | Sold | $195,000-11.4%$85/sqft |
Source: Public Record Report a problem | ||
| 3/22/2012 | Price change | $220,000-2.2%$96/sqft |
Source: The Real Estate Lady #P811405 Report a problem | ||
| 2/8/2012 | Listed for sale | $225,000$98/sqft |
Source: The Real Estate Lady #P811405 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,850 +1.1% | $628,076 +2% |
| 2024 | $7,765 +1.9% | $615,761 +2% |
| 2023 | $7,622 +4.7% | $603,689 +2% |
| 2022 | $7,278 +1.4% | $591,853 +2% |
| 2021 | $7,179 -1% | $580,249 +1% |
| 2020 | $7,249 | $574,300 +2% |
| 2019 | $7,249 +5.6% | $563,040 +2% |
| 2018 | $6,862 | $552,000 +42.4% |
| 2017 | $6,862 +40.5% | $387,600 +2% |
| 2016 | $4,884 +2.7% | $380,000 -12.3% |
| 2015 | $4,755 -12.3% | $433,491 +2% |
| 2014 | $5,423 | $425,000 -19% |
| 2012 | -- | $524,411 +2% |
| 2011 | -- | $514,129 +0.8% |
| 2010 | -- | $510,287 -0.2% |
| 2009 | -- | $511,500 +2% |
| 2008 | -- | $501,472 +2% |
| 2007 | -- | $491,640 +210.4% |
| 2006 | -- | $158,373 |
| 2005 | -- | $158,373 +4% |
| 2004 | -- | $152,225 +1.9% |
| 2003 | -- | $149,436 +2% |
| 2002 | -- | $146,507 +4% |
| 2000 | -- | $140,820 |
Find assessor info on the county website
Neighborhood: South Los Angeles
Nearby schools
GreatSchools rating
- 7/10Menlo Avenue Elementary SchoolGrades: K-8Distance: 0.3 mi
- 3/10Manual Arts Senior High SchoolGrades: 9-12Distance: 0.4 mi
- 2/10Barack Obama Global Preparation AcademyGrades: 6-12Distance: 1.5 mi
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Estimated market value
$705,000
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Estimated market value
$705,000
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