Income-Producing Quadplex in South Los
879 E 40th Pl, Los Angeles, CA 90011
Well-maintained 4-unit property with 11 bedrooms and 5 bathrooms.
Type:Multifamily
Property size:
4,700 SFLot size:
0.15 AcresPrice / SF:
$340/SF- Added:
- Mar 25, 2026
- Days on Market:
- 56
- Last Refresh:
- Mar 25 at 9:02 pm
Property Features for 879 E 40th Pl
General Information
- Standard status
- Active
- Size
- 4,700 SF
- Lot size
- 0.15 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 2006
Listing agent Justin Yee License #01904338
Listing office CENTURY 21 Masters
Listing date Mar 25, 2026
Source Crexi
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 CENTURY 21 Masters
HighLights
- High‑income producing 4‑unit property generating approximately $7,700 per month.
- Built in 2006 offering modernized construction.
- Rare amenity of 10 total private parking spaces.
- Significant development potential with ADU construction.
- Excellent location near USC, future Olympics location, major transportation, retail, and employment hubs.
- Individually metered for gas and electricity.
Overview
This well-maintained quadplex in South Los Angeles presents an investment opportunity in a high-demand rental market. Constructed in 2006 and recently updated, the property features 11 bedrooms and 5 bathrooms within approximately 4,700 square feet of living space, situated on a 6,300 square foot lot. The unit mix includes one 4-bedroom/2-bath unit, one 3-bedroom/1-bath unit, and two 2-bedroom/1-bath units. The property has LARD1.5-1 zoning. Ten private parking spaces are available, including 3 covered carport spaces and 7 uncovered spaces. Each unit is individually metered for gas and electricity. Interior features include shaker kitchen cabinets, newer paint, flooring, windows, sinks, bathroom vanities, showers, recessed lighting, and modern fixtures. A ground floor laundry area is located in ground floor unit #879 with access to the exterior. The property is fully rented and generating approximately $7,700 per month in gross rental income. The property is located close to USC, the future Olympics location, major transportation corridors, retail, and employment hubs. The property is located in a Transit Oriented Communities (TOC Tier 1), ZI-2374 State Enterprise Zone LA, and Transit Oriented Incentive Area 1 (TOIA).
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.28979
- Latitude
- 34.01013
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Well-maintained 4-unit property with 11 bedrooms and 5 bathrooms.
Where is this quadplex located?
The property is located at 879 E 40th Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: High‑income producing 4‑unit property generating approximately $7,700 per month.; Built in 2006 offering modernized construction.; Rare amenity of 10 total private parking spaces.
