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917 E 40th Pl
Los Angeles, CA 90011 Vernon-Main

$950,000 USD

Multifamily For Sale • 3,600 SF

Property Details

Property Type Multifamily
Total Building Size 3,600 SF
Lot Size 0.29 AC
Year Built 1924
Cap Rate 4.17 %
Zoning RD1.5

58 Transit Score

77 Walk Score

                
                    Highlights
                
                                Fully Occupied w/ Huge Upside in Rents.
                            
                                Big Lot Priced Below Market at $75/land SF.
                            
                                Value Add Opportunity

Property Flyers

917 E. 40th Pl, Los Angeles, Ca 90011

Financial Summary (Actual)

Net Operating Income: $39,613 USD (2025)

Cap Rate:	4.17 %
Total Expenses:	$44,718 USD

Amenities

Fenced Lot
Washer/Dryer Hookup
Ceiling Fans
Carpet

Public Transportation

Commuter Rail	Drive	Walk	Distance
	10 min	-	3.7 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	12 min	-	4.4 mi
Airport	Drive	Walk	Distance
Los Angeles International	24 min	-	15.6 mi
Long Beach (Daugherty Field)	30 min	-	20.7 mi
Bob Hope	31 min	-	21.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Surface
Included in Rent:	Yes

Brian Noh 949-308-5775 NOHCO Real Estate

917 E 40th Pl Los Angeles, CA 90011 Vernon-Main