Sold for $950,000

Listed by: Nohco Real Estate • Brian Noh • Contact: 213-804-7647

Bought with: CENTURY 21 REALTY MASTERS

$950,000

917 E 40th Pl, Los Angeles, CA 90011

--beds

--baths

3,600sqft

Multi Family

Built in 1924

-- sqft lot

$-- Zestimate^®

$264/sqft

$2,160 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,160/mo

Zestimate^® history

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What's special

This fully occupied 7 unit multifamily property is comprised of four separate buildings on a big 12,567sf lot zoned RD1.5. All the units are occupied and the property offers huge upside allowing for a local and/or savvy investor to create value and maximize rents. Built in 1924, this property totals 3,600sf in size and offers a solid unit mix with (7) 2 bed/1 bath bungalow style units each with a decent layout, full kitchen & bath, roomy bedrooms, washer/dryer hookups, and some private patio area. On a large 0.29acre double size lot, there are two driveways w/ a total of 10 open parking spaces to provide ample use. Well located in Los Angeles near Downtown, Crypto Arena, & close proximity to USC and the 110 Freeway. Terrific Opportunity!

Facts & features

Interior

Rooms

Room types: Bedroom, Kitchen, Living Room

Bedroom

Features: All Bedrooms Down

Bedroom

Features: Bedroom on Main Level

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Appliances

Included: Dishwasher, Disposal, Gas Range, Water Heater
Laundry: Washer Hookup, Gas Dryer Hookup

Features

Ceiling Fan(s), All Bedrooms Down, Bedroom on Main Level
Flooring: Carpet, Tile
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 3,600
Total interior livable area: 3,600 sqft

Property

Parking

Total spaces: 10
Parking features: On Site, Uncovered
Uncovered spaces: 10

Features

Levels: One
Stories: 1
Entry location: Front
Pool features: None
Spa features: None
Fencing: Wood
Has view: Yes
View description: None

Lot

Size: 0.29 Acres
Features: 6-10 Units/Acre, Landscaped

Details

Parcel number: 5114012028
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Stucco
Foundation: Raised
Roof: Composition

Condition

New construction: No
Year built: 1924

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Community & HOA

Community

Features: Curbs, Street Lights, Sidewalks
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $264/sqft
Tax assessed value: $568,910
Annual tax amount: $8,087
Date on market: 2/10/2026
Cumulative days on market: 102 days
Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
Total actual rent: 7171
Tenant pays: Electricity, Gas, Trash Collection

Price history

Date	Event	Price
5/19/2026	Sold	$950,000$264/sqft
Source: CRMLS #OC26029405 Report a problem
5/1/2026	Pending sale	$950,000+97.4%$264/sqft
Source: CRMLS #OC26029405 Report a problem
10/3/2012	Sold	$481,200+26.6%$134/sqft
Source: Public Record Report a problem
10/23/2003	Sold	$380,000$106/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,087 +1.5%	$568,910 +2%
2024	$7,968 +1.7%	$557,755 +2%
2023	$7,835 +4.2%	$546,819 +2%
2022	$7,516 +1.3%	$536,098 +2%
2021	$7,418 -0.8%	$525,587 +1%
2020	$7,479	$520,198 +2%
2019	$7,479 +7.3%	$509,999 +2%
2018	$6,969	$500,000 +2%
2017	$6,969 +2.7%	$490,197 +2%
2016	$6,788 +2.6%	$480,587 +1.5%
2015	$6,614 +0.3%	$473,369 +2%
2014	$6,596	$464,097 +10.1%
2011	--	$421,702 +0.8%
2010	--	$418,551 +3.8%
2007	--	$403,258 +2%
2006	--	$395,352
2005	--	$395,352 +4%
2004	--	$380,000