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737 E 40th, Los Angeles CA 90011
737 E 40th, Los Angeles CA 90011
California>Los Angeles>South Central LA

737 E 40thLos Angeles, CA 90011

For Sale

$699,000

Smart Buyer Rebate $6,990

Value-add 4-unit opportunity in the high-demand 90011 corridor, just east of the 110 Freeway and south of MLK Jr. Blvd. Three detached buildings sit on a large 8,208 sq ft LARD2 lot: two separate 2-bed/1-bath houses and a duplex with two studios, totaling 2,229 sq ft of living space. The property is 100% occupied and brings in $5,225/month ($62,700/year) in gross income which translates into 6.33 CAP. Rents are below market, which gives a clear path to higher NOI as units turn over. Units are separately metered, and the owner pays only water. Parking for 7 vehicles. Minutes to USC, Exposition Park, the LA Memorial Coliseum and Downtown LA, with a Walkability Score of 78. An entry-level price for a multifamily asset with cash flow today and room to grow.

Listed by Jonathan Kim

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License #01419100

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Equity Union

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661-312-2215

Last updated October 01, 2026

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Source: bridgeMLS #CRSR26212793

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Central LA
  • Bedrooms4
  • Days on Prevu31
  • Size2,229 sqft
  • Price per sqft$314

Location

Mortgage Calculator

Listing History

09/30/2026
Listed by Equity Union
$699,000
  1. 09/30/2026$699,000
    Listed by Equity Union

Property Details for 737 E 40th

Exterior

Construction

  • Number Of Units Total: 4
  • Year Built: 1908

Measurements

  • Building Area Total: 2,229
  • Lot Size Acres: 0.19
  • Lot Size Area: 0
  • Lot Size Square Feet: 8,210
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 5114005026

Interior

Measurements

  • Living Area: 2,229
  • Living Area Units: Square Feet

Rooms

  • Bedrooms Total: 4

Utilities

Equipment

  • Laundry Features: No Hookups
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 4 bedrooms in this multi-family home at 737 E 40th.

How does 737 E 40th compare to other multi-family homes in South Central LA?

This multi-family home is listed 25% below the average price for multi-family homes in South Central LA and has been on the market for 75 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 2,229 sqft.

737 E 40th is a 4-bedroom multi-family home for sale in Los Angeles CA 90011. On Prevu for 31 days at $699,000. This home features 2,229 square feet of living space, located in South Central LA. The median listing price for multi-family homes in this area is $785,000. Browse more multi-family home listings in Los Angeles.

Based on information from bridgeMLS 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.