Listing provided courtesy of Brian Noh of Nohco Real Estate. Last updated 2026-02-04 09:11:21.000000. Listing information © 2026 CRMLS.

Asking Price: $999,900

917 40th, Los Angeles CA 90011

Community: ​C37 - Metropolitan South

Status: Active


This Apartment property was built in 1924 and is priced at $999,900. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 408552279
  • Type: Apartment
  • Year Built: 1924
This fully occupied 7 unit multifamily property is comprised of four separate buildings on a big 12,567sf lot zoned RD1.5. All the units are currently tenant occupied w/ good rent histories, no delinquencies, and the property offers huge upside in the rents allowing for a local and/or savvy investor to create value and maximize rents. Built in 1924, this property totals 3,600sf in size and offers a solid unit mix with (7) 2 bed/1 bath bungalow style units each with a decent layout, full kitchen & bath, roomy bedrooms, washer/dryer hookups, and some private patio area. On a large 0.29acre double size lot, there are two driveways w/ a total of 10 open parking spaces to provide ample use by tenants & guests. Well located in Los Angeles near Downtown, Crypto Arena, & close proximity to USC and the 110 Freeway. This is a true Value Add Opportunity!

Call or Email AK Luxury Properties now to inquire about this property

424-345-1600