For sale

Listed by: Home Base Realty Inc • David Ramirez • 562-202-4000

$1,150,000

811 W 40th Pl, Los Angeles, CA 90037

10beds

4baths

4,520sqft

$7,847/mo

Get pre-qualified

Quadruplex

Built in 1916

-- sqft lot

$1,129,700 Zestimate^®

$254/sqft

$-- HOA

What's special

Unlock incredible rental potential with this expansive multi-family property located at 811 W 40th Pl. in the heart of Los Angeles. Boasting a massive 4,250 square feet of interior living space on a LAR3-zoned lot, this 4-unit configuration features two 3BR units, and two 2BR units. Situated just minutes from the University of Southern California (USC), the LA Coliseum, and Exposition Park museums, it is positioned perfectly to attract long-term tenants, student housing, or neighborhood commuters. Clean, character-rich architectural bones from its 1916 origin provide an ideal foundation for a value-add renovation or optimization for maximum market rent. Currently one of the 3br's is vacant, and a 2nd unit (2br) may be willing to vacate as well. Whether you are looking to expand your rental portfolio or execute a premier value-add project in Metro LA, this property is ready for its next chapter.

23 days
69
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 4

Heating

Wall Furnace

Cooling

None

Appliances

Laundry: None

Features

Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 4,520
Total interior livable area: 4,520 sqft

Property

Features

Entry location: 1
Pool features: None

Lot

Size: 5,862 Square Feet
Features: Near Public Transit

Details

Parcel number: 5019001015
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex
Attached to another structure: Yes

Materials

Roof: Composition,Shingle

Condition

New construction: No
Year built: 1916

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Urban

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $254/sqft
Tax assessed value: $639,788
Date on market: 9/26/2026
Cumulative days on market: 23 days
Listing terms: 1031 Exchange
Tenant pays: Cable TV, Electricity, Gas, Trash Collection

Estimated market value

$1,129,700

$1.07M - $1.19M

$2,331/mo

Price history

Date	Event	Price
9/26/2026	Listed for sale	$1,150,000+23.7%$254/sqft
Source: CRMLS #PW26210075 Report a problem
8/17/2021	Listing removed	--
Source: SDMLS #DW21158796 Report a problem
7/29/2021	Listed for sale	$929,999+106.7%$206/sqft
Source: SDMLS #DW21158796 Report a problem
10/28/2004	Sold	$450,000+35.1%$100/sqft
Source: Public Record Report a problem
3/5/2002	Sold	$333,000+80%$74/sqft
Source: Public Record Report a problem
4/27/2001	Sold	$185,000-36%$41/sqft
Source: Public Record Report a problem
8/22/2000	Sold	$289,000-9.4%$64/sqft
Source: Public Record Report a problem
6/10/1999	Sold	$319,000$71/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$639,788 +2%
2025	$8,104 +2.2%	$627,244 +2%
2024	$7,930 +1.8%	$614,946 +2%
2023	$7,788 +4.6%	$602,889 +2%
2022	$7,442 +1.6%	$591,068 +2%
2021	$7,328 -0.9%	$579,480 +1%
2020	$7,396	$573,539 +2%
2019	$7,396 +5%	$562,294 +2%
2018	$7,044	$551,269 +2%
2017	$7,044 +2.1%	$540,461 +2%
2016	$6,899 +2.9%	$529,865 +1.5%
2015	$6,702 +0.7%	$521,907 +2%
2014	$6,655	$511,685 +65.1%
2012	--	$310,000 -16.2%
2011	--	$370,000 +23.3%
2010	--	$300,000 -38.4%
2009	--	$487,092 +2%
2008	--	$477,542 +2%
2007	--	$468,180 +2%
2006	--	$459,000
2005	--	$459,000 +32.7%
2004	--	$346,001 +1.9%
2003	--	$339,660 +9.6%
2002	--	$310,000 -4.7%
2000	--	$325,380