914 W 40TH PLACE, LOS ANGELES, CA 90037

  • Lot Size: 5,462 sqft
  • Built in 1923
  • MLS #20629322
For Sale $797,500

Description

We are pleased to offer for sale this four (4) unit multifamily investment offering, located in the City of Los Angeles. The subject property is constructed of wood frame and stucco, built-in 1942, with approximately 2,976 rentable sqft on a 5,462 sqft lot. The asset is comprised of a two-story structure, with a unit mix consisting of two (2) 2+1 units and two (2) 1+1 units. 55% upside in rents and 1 block away from the Coliseum.

FACTS / FEATURES

  • Built in 1923
  • Lot Size: 5,462 sqft
  • Cooling: Central Air
  • Heating: Central

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Listing Provided by Sherwin Soumekh, BRC Advisors- BH
Based on information from California Regional Multiple Listing Service, Inc. as of November 29, 2020. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.