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232 40th Place
Los Angeles, CA 90037
Sold
This motivated seller is willing to help buyers with closing costs. The property can be both a place for you to live and enjoy AND an produce rental income to help you make the mortgage payment!! This gem has TONS to offer! This stunning property boasts an impressive 8 bedrooms and 4 bathrooms in total, 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 (currently staged as a room), perfect for creating personalized areas for work, play, or relaxation. The HUGE front house has 4 beds, 2 baths, a formal dining and living area, and LARGE size rooms! The second unit hosts an additional 3 beds, and 1 baths with kitchenettes, ensuring both style and functionality for years to come. AND the converted garage has an additional bed, bath, and kitchenette. Both units and garage 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 garage conversion 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. OR keep that property as is and start getting rental income NOW! Tons of options are available with this property. Don't miss out on the opportunity to make this incredible property your own!
PROPERTY INFORMATION
| MLS # | DW24084969 | Lot Size | 6,529 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Duplex |
| Price | $ 1,224,995
Price Per SqFt: $ 509 |
DOM | 363 Days |
| Address | 232 40th Place | Type | Residential |
| City | Los Angeles | Sq.Ft. | 2,407 Sq. Ft. |
| Postal Code | 90037 | Garage | N/A |
| County | Los Angeles | Year Built | 1916 |
| Bed / Bath | 8 / 4 | Parking | N/A |
| Built In | 1916 | Status | Closed |
| Sold Date | 2024-08-26 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Gas Dryer Hookup, Washer Hookup |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Heating | Yes |
| Heating Information | See Remarks |
| Room Information | All Bedrooms Down, Bonus Room, Loft |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
| EntryLocation | Front |
| Entry Level | 1 |
| Main Level Bedrooms | 7 |
| Main Level Bathrooms | 4 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
Walk Score: 86 (Very Walkable)
Transit Score: 71 (Excellent Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,307
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 08/26/2024 | Sold | $1,000,000 |
| 08/13/2024 | Active Under Contract | $1,224,995 |
| 06/05/2024 | Active | $1,249,995 |
| 05/06/2024 | Listed | $1,249,995 |
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Listing provided courtesy of Jonathan Calderon, Pillar Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
