232 W 40Th Pl, Los Angeles, CA 90037
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232 W 40Th Pl Los Angeles, CA 90037

$1,249,995
  • 7 Beds
  • 4 Baths
  • 2,060 Sq.Ft.
For Sale
$1,249,995 Get Pre-Qualified

Map preview of 232 W 40Th Pl, Los Angeles, CA 90037

Property Overview: 232 W 40Th Pl Los Angeles, CA has 7 bedrooms, 4 bathrooms, 2,060 living square feet and 6,529 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to your dream home in the heart of Los Angeles! AND enjoy the income potential this gem has to offer! This stunning property boasts an impressive 7 bedrooms and 4 bathrooms, providing lots of space for your family, loved ones, and guests. As you step inside, you'll immediately notice the open floor plan and extra loft / bonus flex space, perfect for creating personalized areas for work, play, or relaxation. The HUGE front house has 3 beds, 2 baths, a formal dining and living area, and LARGE size rooms! The second unit hosts an additional 4 beds, and 2 baths with kitchenettes, ensuring both style and functionality for years to come. Both units underwent major facelifts. Parking will never be an issue with ample spaces available, making hosting gatherings and accommodating multiple vehicles a breeze. Conveniently located near major highways, this property is ideal for commuters looking for easy access to all parts of the city. Plus, its proximity to USC, sports stadiums, shopping centers, and restaurants ensures you'll always be just moments away from entertainment and amenities. AND the perks don't stop there! This home also comes with approved permits for an ADU (Accessory Dwelling Unit), providing additional rental income potential. PLANS THAT ARE APPROVED BY THE CITY OF LOS ANGELES AND CLEARED BY THE DEPARTMENT OF WATER AND POWER ARE SOLD WITH THE PROPERTY. Don't miss out on the opportunity to make this incredible property your own and experience the best of Los Angeles living!

Listed by Jonathan Calderon | BRE #01982607 | Pillar Realty
Last checked: 12 minutes ago | Last updated: May 8th, 2024 | Source CRMLS | DOM: 2
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Home details

Lot Sq. Ft
6,529
HOA Dues
$0/mo
Year built
1916
Garage
--
Property Type:
Duplex
Status
Active
MLS#
DW24084969
City
Los Angeles
County
Los Angeles
Time on Site
2 days

Open Houses for 232 W 40Th Pl

Saturday, May 11th: 11:30am-2:30pm
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Property Details for 232 W 40Th Pl

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • See Remarks
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 7
  • Downstairs Bathrooms: 4
  • All Bedrooms Down, Bonus Room, Loft
Bathroom Information
  • # of Baths (Full): 4
Interior Features
  • Levels: One, Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5111022008
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: 40th Pl and Broadway
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 232 W 40Th Pl

Last sold for $828,000 on March 11th, 2024
  • May, 2024

  • May 6, 2024

    Date

    Active

    CRMLS: DW24084969

    $1,249,995

    Price

  • March, 2024

  • Mar 11, 2024

    Date

    Sold

    CRMLS: 22214425

    $828,000

    Price

  • Nov 1, 2022

    Date

    Active

    CRMLS: 22214425

    $989,000

    Price

  • Listing provided courtesy of CRMLS

    This family-sized house has recently been remodeled and painted, making it ready for immediate move-in. The property features a newly remodeled kitchen, upgraded vinyl windows, and a long driveway. The house is great for more than one family and offers many possibilities for adding value to its usage, including the two unpermitted accessory dwelling units in the rear of the property.The home is being sold vacant without any occupants, and the property is zoned LARD2 with 6,527 square feet on public records. However, buyers are responsible for verifying the square footage, lot size, permits, zoning, condition, and foundation. The owners will not repair or credit any money for repairs towards the sale of the home.The front home is available for showings with at least 24 hours' notice, and the property is great for investors seeking good value with upside potential. The house is located moments away from USC, Banc of California Stadium, LA Memorial Coliseum, and downtown Los Angeles with all it has to offer, as well as Trader Joe's and Mercado de Paloma. Additionally, the property is convenient to LAX and close to all the city has to offer.

  • November, 2022

  • Nov 1, 2022

    Date

    Expired

    CRMLS: 22160057

    $998,000

    Price

  • Jun 24, 2022

    Date

    Active

    CRMLS: 22160057

    $1,050,000

    Price

  • Listing provided courtesy of CRMLS

    HUGE HOUSE FOR FAMILY OR FAMILIES! RECENTLY REMODELED, PAINTED AND READY TO MOVE INTO MAIN FRONT HOUSE. NEWLY REMODELED WITH NEW FLOORS, BATHROOMS AND FAMILY ROOM(BEDROOM) UPSTAIRS. HUGE UPGRADED KITCHEN, UPGRADED VINYL WINDOWS WITH LOOOONG DRIVEWAY. LIVE IN THE FRONT HOUSE AND RENT OUT THE REAR 2 UNITS. 2 UNPERMITTED ADU's in REAR OF PROPERTY. MANY POSSIBLITIES OF ADDING VALUE TO USAGE OF HOME AND ADU's. HOME WILL BE DELIVERED VACANT WITHOUT OCCUPANTS. HOME IS ZONED LARD2 ON 6527sqft ON PUBLIC RECORDS. BUYER TO VERIFY SQFT, LOT SIZE, PERMITS, ZONING, CONDITION AND FOUNDATION. OWNERS WILL NOT REPAIR OR CREDIT MONIES FOR REPAIRS TOWARDS SALE OF HOME. SHOWINGS WILL BE FOR FRONT HOME ONLY WITH AT LEAST 24hr NOTICE. GREAT FOR INVESTORS. GOOD VALUE WITH UPSIDE. MOMENTS AWAY FOR USC, BANC OF CALIFORNIA STADIUM, LA MEMORIAL COLISEUM, DOWNTOWN LOS ANGELES WITH ALL IT HAS TO OFFER, TRADER JOES AND MERCADO DE PALOMA. CONVIENENT TO LAX AND CLOSE TO ALL THE CITY HAS TO OFFER.

  • October, 2002

  • Oct 16, 2002

    Date

    Sold (Public Records)

    Public Records

    $175,000

    Price

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Tax History for 232 W 40Th Pl

Assessed Value (2020): $354,631
Year Land Value Improved Value Assessed Value
2020 $212,145 $142,486 $354,631

Home Value Compared to the Market

This property vs the competition

232 W 40Th Pl is listed 1.21% higher than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $606.79 per/sqft which puts the price per square foot 21.6% lower than the median price per square foot for the city of Los Angeles.

About 232 W 40Th Pl

Detailed summary of property

232 W 40Th Pl is a duplex located in Los Angeles, CA 90037 and is currently for sale. This duplex offers 7 bedrooms, 4 bathrooms, roughly 2,060 living square feet, and sits on an approximately 6,529 square foot lot. 232 W 40Th Pl was first listed on ArdentRealEstateGroup.com on May 7, 2024. The homeowner is currently asking $1,249,995. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 1.21% higher than the median priced home. Local competing homes currently for sale include 2922 Maple Ave, 4701 Avalon Blvd and 5017 S San Pedro St. While the average home in Los Angeles, CA is selling in 94 days, 232 W 40Th Pl has a days on market of 2 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 232 W 40Th Pl Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 232 W 40Th Pl

Public county record property details
Beds
4
Baths
1
Year built
1916
Sq. Ft.
2,060
Lot Size
6,526
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
19,20
APN
5111-022-008

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$725,000
Median List Price/Sq.Ft.
$560
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
31
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.