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232 W 40th Place, Los Angeles CA 90037
232 W 40th Place, Los Angeles CA 90037
California>Los Angeles>South Central LA

232 W 40th PlaceLos Angeles, CA 90037

For Sale

$1,150,000

Smart Buyer Rebate $11,500

LIVE IN ONE. RENT THE OTHER. CREATE EVEN MORE POSSIBILITIES.

Welcome to 232 W 40th Pl, a rare Los Angeles opportunity offering the space, flexibility and income potential today's buyers are searching for!

This permitted duplex delivers multiple living areas under one property, making it an excellent option for an owner-occupant, investor, large or multigenerational family looking to maximize the possibilities of their real estate.

With approximately 2,407 sq. ft. of living space on a 6,529 sq. ft. lot, the property offers generous room to live, entertain and generate income. The flexible layout allows you to occupy one unit while renting the other, accommodate extended family, or build an investment strategy around multiple living spaces.

And there's more — a bonus room/flex space creates even more possibilities. Think home office, gym, game room, creative studio, entertainment space or, subject to applicable approvals and requirements, explore its potential for additional rental income.

Located minutes from USC, Downtown Los Angeles, major freeways, shopping, dining and some of LA's biggest sports and entertainment destinations, this is the type of property that gives buyers something increasingly difficult to find: OPTIONS.

Whether you're looking for a place to call home, an investment property, or a combination of both, 232 W 40th Pl deserves to be seen in person.

Don't just buy a home — buy a property that can work for you. Schedule your private showing today.

Listed by Jonathan Calderon

·

License #01982607

·

Real Broker

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562-243-3802

Last updated September 18, 2026

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Source: CRMLS #DW26188219

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Central LA
  • Bedrooms7
  • Bathrooms4
  • Days on Prevu56
  • Size2,060 sqft
  • Price per sqft$558

Amenities

  • Air Conditioning

Location

Mortgage Calculator

Listing History

09/19/2026
Status changed to Active
$1,150,000
09/05/2026
Status changed to Pending
$1,150,000
09/05/2026
Listed by Real Broker
$1,150,000
  1. 09/19/2026$1,150,000
    Status changed to Active
  2. 09/05/2026$1,150,000
    Status changed to Pending
  3. 09/05/2026$1,150,000
    Listed by Real Broker

Property Details for 232 W 40th Place

Association

Amenities

  • Community Features: Curbs

Exterior

Construction

  • Number Of Units Total: 2
  • Stories: 1
  • Stories Total: 2
  • Structure Type: Duplex
  • Year Built: 1916
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1

Features

  • View: Neighborhood

Measurements

  • Lot Size Acres: 0.14
  • Lot Size Area: 6,529
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,529
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 5111022008

Interior

Measurements

  • Living Area: 2,060
  • Living Area Source: Assessor
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 7
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 7

Other

Location

  • Tax Block: B
  • Tax Lot: 20

Schools

High School

  • High School District: Los Angeles Unified

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 7 bedrooms and 4 bathrooms in this multi-family home at 232 W 40th Place.

How does 232 W 40th Place compare to other multi-family homes in South Central LA?

This multi-family home is listed 23% above the average price for multi-family homes in South Central LA and has been on the market for 50 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,060 sqft.

232 W 40th Place is a 7-bedroom, 4-bath multi-family home for sale in Los Angeles CA 90037. On Prevu for 56 days at $1,150,000. This property features 2,060 square feet of living space, located in South Central LA. The median listing price for multi-family homes in this area is $785,000. Additional amenities include air conditioning. Explore more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.