Los Angeles, CA 90037,1110 W 40th Pl
Los Angeles, CA 90037,1110 W 40th Pl
Los Angeles, CA 90037,1110 W 40th Pl
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$3,700,000
Est. payment /mo
24 Beds
24 Baths
6,813 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,813 sqft

Price per Sqft $543

MLS Listing ID 25611615

Bedrooms 24

Year Built 2023

Lot Size 6,406 Sqft

Acres 0.1471

Property Sub-Type Multi-Family

Property Description

Exceptional Turn-Key Income Property Near USC & Exposition ParkDiscover an outstanding investment opportunity just minutes from USC and Exposition Park. Built in 2023, this modern, turn-key property features 24 bedrooms and 24 bathrooms across two contemporary units, each thoughtfully designed for shared living. Every resident enjoys a private bedroom and bathroom with access to stylish shared kitchens and common areas, creating a highly desirable co-living environment.Currently leased to government-subsidized tenants, the property provides stable, guaranteed rental income with low operating expensesa rare combination for investors seeking reliability and ease of management. Given its prime location near USC Village, BMO Stadium, the LA Memorial Coliseum, the Lucas Museum, and multiple Metro E-Line stations offering direct access to Downtown LA and Santa Monica, the property also presents an exceptional opportunity for future conversion to student housing.Each unit showcases modern finishes, private balconies, and includes a two-car garage. With approximately 6,813 square feet of living space on a 6,405 square foot lot, this is a high-income, low-maintenance asset positioned in one of Los Angeles' most dynamic rental markets. Rent roll details for each individual bedroom are available upon request by contacting the listing agent.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Central

Cooling Air Conditioning, Central

Equipment Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Dryer Hookup, Microwave, Washer, Range/Oven, Refrigerator

Exterior

Parking Features Attached

Garage Spaces 2.0

Building

Story 3

Level or Stories Multi/Split

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Christie's International Real Estate SoCal

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Kirshner Elkin Properties

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