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    FOR SALE
    Apartment buildings

    602 W 40Th Pl Los Angeles, CA 90037

    Built 1908
    Property ID
    US09-8279140
    602 W 40Th Pl, Los Angeles, CA 90037 For Sale 1 / 37
    $1,600,000
    602 W 40Th Pl, Los Angeles, CA 90037
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    Property summary
    AI-generated overview

    GREAT INVESTMENT OPPORTUNITY! This property offers the perfect combination of location and investment potential. This highly sought after property consist of three units. The front unit has 4 bedrooms and 2 bathrooms on the first floor and 2 bedrooms and 1 bathroom on the 2nd floor. The second story rear unit was built in 2005 and has 4 bedrooms and 2 baths. Ideally located just steps from BMO Stadium and short walk to University of Southern California, Los Angeles Memorial Coliseum, and Natural History Museum of Los Angeles County. Whether you’re looking to generate rental income or create your dream home, 602 W 40th Place offers outstanding opportunity in one of LA’s most connected neighborhoods. Property will be delivered with tenants in all in all units. Tenants are current with rent.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1908
    UPID US09-8279140
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
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