1110 West 40th Place

Los Angeles CA 90037

6813 sq. ft.

6406 sq. ft.

Other

Last sold for $3,650,000

Mona Kerendian, last sold this property on 26 November 2025 after 26 days on market.

Overview

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.

Features

24 bedrooms

24 bathrooms

2 carspaces

6813 sq. ft. floor area

6406 sq. ft. lot size

Other

Estimated Value

We need at least 3 similar 24 bedroom other properties sold in Los Angeles over the last 12 months.

Property history for 1110 West 40th Place

2025

Sold

$3,650,000

26 Nov 2025 by Mona Kerendian, of AKGRE Inc

Happy sellers in Los Angeles

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