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Sold for $760,000
  • Listed by: CENTURY 21 REALTY MASTERS • ERIK RUIZ • Contact: 323-722-7300
    Bought with: RE/MAX College Park Realty
    $760,000

    916 E 40th Pl, Los Angeles, CA 90011

    5beds
    2baths
    1,998sqft
    Duplex
    Built in 1961
    -- sqft lot
    $791,900 Zestimate®
    $380/sqft
    $3,197 Estimated rent

    Home value

    $791,900

    $736,000 - $847,000

    $3,197/mo

    Zestimate® history
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    What's special

    Great investment opportunity in one of L.A.'s most desired neighborhoods. This property consists of two separate buildings. The front house is 3 bedrooms 1 bath and the rear home is two bedrooms, one bath. They are very spacious featuring 1,998 total sqft. These units are equipped with 2 electrical meters, 2 gas meters, and 2 water meters. Zoning LARD2. It is within walking distance to schools, parks, shopping, restaurants, and public transportation. Centrally located by all major freeways, 10, 110, and 105 fwy. Make your offer today!

    Zillow last checked:

    Listing updated:

    Listed by:

    ERIK RUIZ DRE #01916546 323-490-9434,

    CENTURY 21 REALTY MASTERS

    Bought with:

    Janeth Bernal, DRE #01270399

    RE/MAX College Park Realty

    Source: CRMLS,MLS#: MB23182112MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: None
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,998
    • Total interior livable area: 1,998 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Concrete, Driveway, Gated, On Site, Off Street, Paved, Private, One Space, Unassigned
    • Uncovered spaces: 10
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front
    • Pool features: None
    • Fencing: Brick,Chain Link,Fair Condition,Wrought Iron
    Lot
    • Size: 6,317 Square Feet
    • Features: Front Yard, Lawn, Near Park, Paved, Street Level, Walkstreet, Yard
    Details
    • Parcel number: 5114009010
    • Zoning: LARD2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Custom
    • Property subtype: Duplex
    Materials
    • Foundation: Raised, Slab
    • Roof: Shingle
    Condition
    • Repairs Cosmetic
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected

    Community & HOA

    Community
    • Features: Curbs, Dog Park, Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Urban, Park
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $380/sqft
    • Tax assessed value: $775,740
    • Annual tax amount: $9,629
    • Date on market: 9/29/2023
    • Cumulative days on market: 21 days
    • Listing terms: Cash to New Loan,Conventional,Contract,1031 Exchange,Fannie Mae,Freddie Mac,Submit,VA Loan
    • Tenant pays: Cable TV, Electricity, Gas, Other
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/20/2023Sold$760,000+2.7%$380/sqft
    Source: CRMLS #MB23182112 Report a problem
    11/3/2023Pending sale$740,000$370/sqft
    Source: CRMLS #MB23182112 Report a problem
    11/3/2023Listed for sale$740,000+260.1%$370/sqft
    Source: CRMLS #MB23182112 Report a problem
    12/15/2011Sold$205,500+17.5%$103/sqft
    Source: Public Record Report a problem
    9/22/2011Listed for sale$174,900-57.6%$88/sqft
    Source: Modern Realty Co. #P797221 Report a problem
    1/4/2011Sold$412,449-19.9%$206/sqft
    Source: Public Record Report a problem
    7/18/2008Sold$515,000+164.1%$258/sqft
    Source: Public Record Report a problem
    4/5/2002Sold$195,000$98/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,629 +1.2%$775,740 +2%
    2024$9,512 +87.7%$760,540 +95%
    2023$5,067 +4.7%$390,120 +2%
    2022$4,840 +1.4%$382,482 +2%
    2021$4,774 -0.9%$374,994 +1%
    2020$4,817 $371,155 +2%
    2019$4,817 +6.3%$363,889 +2%
    2018$4,530 $356,766 +2.2%
    2017$4,530 +2.2%$349,242 +2%
    2016$4,432 +2.7%$342,395 +1.5%
    2015$4,316 +0.8%$337,253 +2%
    2014$4,281 $330,647 +2.5%
    2012-- $322,700 -37.7%
    2011-- $517,646 +0.8%
    2010-- $513,779 -0.2%
    2009-- $515,000 +73.7%
    2008-- $296,490 +2%
    2007-- $290,677 +2%
    2006-- $284,978
    2005-- $284,978 +39.2%
    2004-- $204,691 +1.9%
    2003-- $200,940 +5%
    2000-- $191,453
    Find assessor info on the county website

    Neighborhood: Southeast Los Angeles

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $791,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $791,900