# 737 E 40th, Los Angeles, CA 90011

> **TL;DR:** 4bd/4ba multi-family, $699,000, built 1908. Est. $3,739/mo. Listed 28 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $699,000 |
| Bedrooms | 4 |
| Bathrooms | 4 full |
| Year Built | 1908 |
| Lot Size | 8,211 sqft (0.19 acres) |
| Stories | 1 |
| Property Type | Multi-Family (Quadruplex) |
| Status | Active |
| Days on Market | 28 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,535 |
| Estimated Insurance | $204 |
| **Total** | **$3,739** |

## Property Highlights

- Built in 1908
- 0.19 acre lot
- 7 parking spaces

## Description

### Agent Description
Value-add 4-unit opportunity in the high-demand 90011 corridor, just east of the 110 Freeway and south of MLK Jr. Blvd. Three detached buildings sit on a large 8,208 sq ft LARD2 lot: two separate 2-bed/1-bath houses and a duplex with two studios, totaling 2,229 sq ft of living space. The property is 100% occupied and brings in $5,225/month ($62,700/year) in gross income which translates into 6.33 CAP. Rents are below market, which gives a clear path to higher NOI as units turn over. Units are separately metered, and the owner pays only water. Parking for 7 vehicles. Minutes to USC, Exposition Park, the LA Memorial Coliseum and Downtown LA, with a Walkability Score of 78. An entry-level price for a multifamily asset with cash flow today and room to grow. Call Jonathan Kim for any questions or showing.

## Location

- **Address:** 737 E 40th, Los Angeles, CA 90011
- **County:** Los Angeles
- **Coordinates:** 34.010266, -118.262769
- **Google Maps:** https://www.google.com/maps?q=34.010266,-118.262769

## Listing Agent

- **Name:** Jonathan Kim · **License:** 01419100
- **Brokerage:** Equity Union
- **Broker Phone:** (818) 631-1660

## Photos

![737 E 40th - Photo 1](http://lh.rdcpix.com/9eebc8c26511fe9c2e97bf45ba8762fal-f245067945r.jpg)

![737 E 40th - Photo 2](http://lh.rdcpix.com/9eebc8c26511fe9c2e97bf45ba8762fal-f3663809225r.jpg)

![737 E 40th - Photo 3](http://lh.rdcpix.com/9eebc8c26511fe9c2e97bf45ba8762fal-f929239893r.jpg)

![737 E 40th - Photo 4](http://lh.rdcpix.com/9eebc8c26511fe9c2e97bf45ba8762fal-f120354713r.jpg)

![737 E 40th - Photo 5](http://lh.rdcpix.com/9eebc8c26511fe9c2e97bf45ba8762fal-f3719700154r.jpg)

![737 E 40th - Photo 6](http://lh.rdcpix.com/9eebc8c26511fe9c2e97bf45ba8762fal-f443763124r.jpg)

![737 E 40th - Photo 7](http://lh.rdcpix.com/9eebc8c26511fe9c2e97bf45ba8762fal-f149648141r.jpg)

---

**MLS#:** SR26212793 | **Updated:** 2026-10-27
**Source:** listhub

*Copyright © 2026 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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/737-e-40th-los-angeles-ca-90011-c3444de07c654fe593f55ff11765ea77)

---

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