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917 E 40thLos Angeles, CA 90011

For Sale

$999,900

Smart Buyer Rebate $9,999

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 currently tenant occupied w/ good rent histories, no delinquencies, and the property offers huge upside in the rents 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 by tenants & guests. Well located in Los Angeles near Downtown, Crypto Arena, & close proximity to USC and the 110 Freeway. This is a true Value Add Opportunity!

Listed by Brian Noh

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License #01438155

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Nohco Real Estate

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9493085775

Last updated January 23, 2026

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Source: CRMLS #OC25262442

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Central LA
  • Days on Prevu46

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

12/15/2025
Listed by Nohco Real Estate
$999,900

Property Details for 917 E 40th

Association

Amenities

  • Community Features: Curbs, Street Lights, Sidewalks

Exterior

Construction

  • Number Of Units Total: 7
  • Property Attached: Yes
  • Roof: Composition
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1924
  • Architectural Style: Traditional
  • Common Walls: 1 Common Wall
  • Construction Materials: Stucco
  • Entry Level: 1
  • Entry Location: Front

Features

  • Direction Faces: South
  • Fencing: Wood, Wrought Iron

Measurements

  • Building Area Total: 3,600
  • Building Area Units: Square Feet
  • Lot Features: 6-10 Units/Acre, Front Yard, Landscaped
  • Lot Size Acres: 0.28
  • Lot Size Area: 12,567
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 12,567
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $85,728.00
  • Operating Expense: $45,736.00

Taxes

  • Parcel Number: 5114012028

Interior

Features

  • Appliances: Disposal, Gas Range, Range Hood, Water Heater
  • Flooring: Carpet, Tile
  • Interior Features: Ceiling Fan(s), All Bedrooms Down

Other

Location

  • Tax Block: F
  • Tax Lot: 7

Parking

Parking

  • Open Parking Spaces: 10
  • Parking Features: Concrete, Driveway, On Site, Uncovered
  • Parking Total: 10

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Washer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 917 E 40th.

Does this multi-family home have parking?

Yes, there are 10 parking spaces available for 917 E 40th.

How does 917 E 40th compare to other multi-family homes in South Central LA?

This multi-family home is listed 34% below the average price for multi-family homes in South Central LA and has been on the market for 88 less days than the typical home in this area.

917 E 40th is a -bedroom multi-family home for sale in Los Angeles CA 90011. Listed on Prevu for 46 days at $999,900. This property is located in South Central LA. The median listing price for multi-family homes in this area is $962,500. Property amenities include parking. View other 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.