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Two-Unit Residential Duplex
For Sale
$705,000

708 W 40th Los, Los Angeles, CA 90037

Separate gas and electric meters serve the apartments, with laundry inside each unit.

Property SizeContact for details
Days on Market191

Property Features for 708 W 40th Los

General Information

Standard status Active
Property subtype Duplex
Zoning LARD1.5

Site & Location

Neighborhood Vermont Square
Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 4BR/2BA, 1 x 3BR/1BA
Multifamily Units 2
Individually Metered Utilities gas, electricity

Additional Details

Opportunity Zone Yes

Amenities

in-unit laundry
ceiling fans
iron fence
controlled access
Gas Oven
Gas Range
Gas Water Heater
Porch, Electricity Available, Water Connected, Shingle

Building Details

Year Built 1910
Stories 2
Listing Agency: Park Regency Realty
Listed By: Marina Burgos · License #01818048
Source: Kw
Added: Apr 25 Changed: Oct 31 Last Checked: Oct 31 at 3:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Park Regency Realty

Rey
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Investment Insights

Based on property information with market context.

This 1910 duplex contains two apartments. The lower residence has four bedrooms, two full bathrooms, a living room, and in-unit laundry; the upper residence offers three bedrooms, one bathroom, and a laundry area. Ceiling fans are installed in every bedroom. The building has copper plumbing, and both apartments have separate gas and electric meters. Improvements include a roof replacement and exterior painting in 2024, plus electrical panel updates in each apartment in 2023. The property is secured by an iron fence and remote-controlled access.

The Coliseum and BMO soccer stadium are about a five-minute walk away. The Lucas Museum of Narrative Art, Natural History Museum, and California Science Center are a seven-minute walk; USC and the Expo Line station are a ten-minute walk. The Expo Line runs to downtown L.A. and Santa Monica, and the property has access to the 10 and 110 freeways.

Key Highlights

  • Two apartments: a four‑bedroom, two‑bath lower unit and a three‑bedroom, one‑bath upper unit
  • Roof replacement and exterior painting completed in 2024
  • Electrical panels updated in both apartments in 2023; copper plumbing throughout

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,763
Businesses Nearby

Demographics for 90037, CA

63,706
Population
18,709
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
54%
High-School Grad
2.9 sq mi
ZIP Area
21,968
Density / Sq Mi
$56,417
Median Household Income
$29,857
Median Earnings
$1,438
Median Rent
$632,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate gas and electric meters serve the apartments, with laundry inside each unit.
Where is this duplex located?
The property is located at 708 W 40th Los Los Angeles, CA.
What is the asking price?
The asking price for this property is $705,000.
What are key features of this property?
This property features: Two apartments: a four‑bedroom, two‑bath lower unit and a three‑bedroom, one‑bath upper unit; Roof replacement and exterior painting completed in 2024; Electrical panels updated in both apartments in 2023; copper plumbing throughout
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