0.13 acres
34.0098 -118.289

846 W 40th Place Los Angeles, CA 90037

Est. Monthly $2,797 recalculate
0.13 acres

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8077 Florence Avenue
Suite 204
Downey, CA 90240
CENTURY 21 A Better Service Realty
8077 Florence Avenue Downey, CA 90240
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846 W 40th Place
Los Angeles, CA 90037

Explore This Property

Multi-Family (2-4 Units) - Four Unit Multifamily Investment Offered in the City of Los Angeles! This 4plex offers (3) 1 bedroom / 1 bath, 621 SqFt units and (1) oversized 1 bedroom / 1 bath unit, 745 Sqft w/1 car garage with plenty of space on the side for parking. All units are metered separately for Gas & Electric and have their own water heater, wall furnace and wall cooler. All tenants have been there for years but are all on a month to month (1 family). This investment has great upside potential and long term gain, perfect for an Investor looking for great ROI opportunity. All units are Rented under Market Value with month to month rent control tenants. Units are located only 2 blocks South of Exposition Park & Colosseum in a clean tree line street.
MLS # CV17052605
Courtesy Of Avance Real Estate

Property Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Lot Size: 0.13 Acres
  • Parking Type: Assigned, Driveway, Unassigned
  • Roof Type: Unknown

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $2,797Your estimated monthly payment
    $110,00020% Down Payment
    $550,000 $495,000
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    Grades PRESCHOOL-5 | Public School

    LOS ANGELES, CA 90037
    4156 MENLO AVE

    Total Students 600
    Student Teacher Ratio 22:1

    School Rating

    2 stars View School Details
    Middle School
    Grades 6-8 | Public School

    LOS ANGELES, CA 90062
    1700 W 46TH ST

    Total Students 700
    Student Teacher Ratio 20:1
    View School Details
    High School
    Grades 9-12 | Public School

    LOS ANGELES, CA 90037
    4131 S VERMONT AVE

    Total Students 1606
    Student Teacher Ratio 21:1

    School Rating

    1 star View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Manual Arts Community Adult 0.2 mi Public -
    Global Education Academy 0.4 mi Public K-5
    Marguerite Poindexter Lamotte Elementary 0.4 mi Public K-5
    West Vernon Avenue Elementary School 0.6 mi Public PRESCHOOL-5
    Dr. Theo. T. Alexander Junior, Science Center 0.6 mi Public K-5
    Dr. James Edward Jones Primary Center 0.7 mi Public K-2
    St. Cecilia Elementary School 0.7 mi Catholic PRESCHOOL-8
    Normandie Avenue Elementary School 0.7 mi Public K-5
    Accelerated School 0.9 mi Public PRESCHOOL-12
    Wallis Annenberg High School 0.9 mi Public 9-12
    Lenicia B. Weemes Elementary School 0.9 mi Public PRESCHOOL-5
    Fifty-second Street Elementary School 0.9 mi Public K-5
    William Jefferson Clinton Middle School 1.0 mi Public 6-8
    Animo Jackie Robinson High School 1.0 mi Public 9-12
    Accelerated Charter Elementary 1.0 mi Public K-6
    Alliance College-ready Academy High No. 5 1.0 mi Public 9-12
    Martin Luther King Jr. Elementary School 1.1 mi Public K-5
    Summit Preparatory Charter 1.1 mi Public 4-8

    Local Area Information for Los Angeles, CA 90037

    Median Age: 30.9
    Married: 25.4%
    Number of Households: 16,181
    Households with Children: 7,627
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.