$1,599,990
34.0103 -118.284
FOR SALE

602 W 40th Place Los Angeles, CA 90037

$1,599,990

Est. Monthly $5,662 recalculate
 

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8077 Florence Avenue
Suite 204
Downey, CA 90240
562.­806.1000
562.­806.1000
CENTURY 21 A Better Service Realty
8077 Florence Avenue Downey, CA 90240
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602 W 40th Place
Los Angeles, CA 90037

Explore This Property

Multi-Family (2-4 Units) - Triplex!!! LIVE IN ONE AND RENT THE OTHERS FOR INCOME!!!Perfect for and/or Investor. 4 Bedroom 2 Bathroom Home downstairs and 2 bedroom 1 bath upstairs with another building behin constructed in 2005 with 4 bedroom 2 bath. The two buildings have been remodeled and Ready for Top Dollar Rental. House has LOTS OF Original Woodwork Features: Built-in Buffet and China Cabinet, Butler Pantry, Wall Panels with Plate Displays, Original Doors and some Hardware, Trim, Ceiling Decor and Hardwood Floors in Excellent Condition. Has Big Front Yard and Super Cute Patio for Get-Togethers. Located in Opportunity Zone. Potential to live in the Big House or the Smaller House for Maximum Dollar Income. Remodeled Houses include Freshened Up Exterior/Interior Paint, Kitchens, Baths, Flooring, Electrical, Plumbing, Landscaping, Laundry Rooms, Extra Driveway for Parking, and Much Much More. Separate Electrical and Gas Meters. Located Bike Distance to USC, Transportation Lines, DownTown LA, Coliseum, Museums and Much Much More. Walk-the-Dog Neighborhood. Qualifies for ALL Types of Financing. Potential Rents: 5 Bedroom = $4850/Mo 2 Bedroom = $2000/Mo Each for a Total of $8,850+/Mo Rentals. Possibly More if Renting Rooms to USC Students in 5 Bedroom House over $1000/Month or more. Due to COVID: Shown by Registered Appointment Only.
MLS # SR21063237
Courtesy Of Keller Williams Realty-Antelope Valley

Property Features

  • Age: Over 50 Years Old
  • Architecture Style: New Traditional
  • Cooling System: None
  • Exterior Type: Stucco
  • Floor Covering: Tile
  • Roof Type: Composition Shingle

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 3.38% APR
    $5,662Your estimated monthly payment
    $319,99820% Down Payment
    $1,599,990 $1,279,992
    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

    MENLO AVENUE ELEMENTARY SCHOOL
    Grades PRESCHOOL-5 | Public School

    Los Angeles, CA 90037
    4156 MENLO AVE
    323-232-4291
    0.4
    miles

    Total Students 500
    Student Teacher Ratio 20:1

    School Rating

    2 stars View School Details

    Middle School

    BARACK OBAMA GLOBAL PREPARATION ACADEMY
    Grades 6-8 | Public School

    Los Angeles, CA 90062
    1700 W 46TH ST
    323-421-1700
    1.6
    miles

    Total Students 500
    Student Teacher Ratio 11:1
    View School Details

    High School

    MANUAL ARTS SENIOR HIGH SCHOOL
    Grades 9-12 | Public School

    Los Angeles, CA 90037
    4131 S VERMONT AVE
    323-846-7300
    0.5
    miles

    Total Students 1469
    Student Teacher Ratio 15:1

    School Rating

    1 star View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Global Education Academy 0.1 mi Public K-5
    West Vernon Avenue Elementary School 0.4 mi Public PRESCHOOL-5
    Dr. Theo. T. Alexander Junior, Science Center 0.5 mi Public K-5
    Usc Ednovate - Hybrid High School 0.5 mi Public 9-12
    Marguerite Poindexter Lamotte Elementary 0.5 mi Public K-5
    Wallis Annenberg High School 0.6 mi Public 9-12
    Accelerated School 0.6 mi Public PRESCHOOL-12
    Accelerated Charter Elementary 0.6 mi Public K-6
    Animo Jackie Robinson High School 0.7 mi Public 9-12
    William Jefferson Clinton Middle School 0.7 mi Public 6-8
    Dr. James Edward Jones Primary Center 0.8 mi Public K-2
    Alliance College-ready Academy High No. 5 0.8 mi Public 9-12
    Kipp Vida Preparatory Academy 0.8 mi Public PRESCHOOL-4
    Gabriella Charter 2 0.8 mi Public K-4
    Trinity Street Elementary School 0.8 mi Public 2-5
    Maple Primary Center 0.9 mi Public PRESCHOOL-1
    Ricardo Lizarraga Elementary School 0.9 mi Public K-5
    Normandie Avenue Elementary School 1.0 mi Public K-5

    Local Area Information for Los Angeles, CA 90037

    Median Age: 32.1
    Married: 24.0%
    Number of Households: 16,111
    Households with Children: 7,166
    • 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 © 2021 CRIS-Net Regional MLS (Southland). 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.
      Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed.
      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.
      † Based on a 30-year fixed rate of 3.38% 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.

      COUNTIES NEARBY Los Angeles

      The Multi-Family (2-4 Units) located at 602 W 40th Place, Los Angeles, CA 90037 is currently for sale. 602 W 40th Place, Los Angeles is listed for $1,599,990. If the property located at 602 W 40th Place, Los Angeles, CA isn't what you're looking for, search California real estate to see other houses for sale in Los Angeles.