725 East 40th Place

Los Angeles CA 90011

8223 sq. ft.

Multi-Family

Last sold for $800,000

Jason Lowery, last sold this property on 15 September 2026 after 56 days on market.

Overview

Don't miss this rare opportunity to acquire a well-maintained, income-producing triplex in the heart of Los Angeles. Ideally situated just minutes from Downtown Los Angeles, the Arts District, and USC, this property offers investors a compelling combination of stable rental income, future appreciation, and value-add potential. The property features an attractive unit mix consisting of two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each residence has been meticulously cared for, providing a solid foundation for long-term ownership. Situated on a generously sized lot with ample off-street parking, the property may offer the opportunity to add an additional unit at the rear of the lot (buyer to verify with the City of Los Angeles), creating even greater income potential. Tenants are responsible for their own gas and electricity, helping to minimize operating expenses and maximize cash flow. Properties of this caliber, in this location, and with this level of upside rarely come to market. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this is an opportunity you won't want to miss.

Features

5 bedrooms

3 bathrooms

8223 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 5 bedroom multi families sold in Los Angeles over the last 12 months, the estimated median property value of 725 East 40th Place is $725k.

Median value

$725k

Estimated value range

$500k - $935k

Median days on market

112

Estimated value trend

-2%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 725 East 40th Place

2026

Sold

$800,000

15 Sep 2026 by Jason Lowery, of Compass

Happy sellers in Los Angeles

We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.