708 W 40th, Los Angeles, CA 90037

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Listed by Marina Burgos, 818-312-4291 from Park Regency Realty
(If provided) CoList: from

Sold listing courtesy of General NONMEMBER from

Sold Price
$705,000
List Price
$699,000
Closing Date
Jun 29, 2026
MLS#
CRSR26089504
Status
SOLD
Lot Size
5,400
Listing Area
C42 - Downtown L.A.

Property Description

Don't miss this chance to capitalize on a high-demand rental market and the benefits of building in a Qualified Opportunity Zoned at LARD1.5, offering the flexibility to grow or modernize the building further. Well-maintained property. The roof was replaced in 2024, Copper Plumbing throughout , exterior painted in 2024, and updated electrical panels in both apartments in 2023. Separate gas and electric meters. Just a 5-minute walk from the BMO soccer stadium and the Coliseum, a 7-minute walk from the highly anticipated Lucas Museum of Narrative Art, the Natural History Museum and the California Science Center, and a 10-minute walk from USC and the Expo Line Station, which goes directly to downtown L.A. and to Santa Monica. The Coliseum will also be one of the venues for the 2028 Olympics. Quick access to the 10 & 110 Freeways makes commuting a breeze. Downstairs unit: 708 W. 40th Pl features: Spacious and bright living room, 4 large sized bedrooms and 2 full bathrooms, In unit laundry. Upstairs unit: 708 ½ W. 40th Pl features: 3 large sized Bedrooms and 1full and spacious bathroom, In unit laundry area. Efficient ceiling fans in every bedroom. The building is secured with an iron fence and controlled access via remote entry, enhancing tenant appeal and retention.

Additional Information

Amenities
Storage Area(s), Balcony/Patio, Counter - Stone, Other, Screens
Cooling System
None
Energy Features
Ceiling Fan(s)
Floor Covering
Laminate
Foundation
Raised
Heating System
Wall Furnace
Laundry Facilities
In Closet
Lot Size
5,400
Neighborhood
C42 - Downtown L.A.
Numberof Units
2
Other Rooms
Attic
Pool Description
31, None
Roof
Shingle
Style
Craftsman
Unincorporated Yn
Yes
View
Neighborhood View

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