Location! Location! Location! Great opportunity to own this two-story duplex located in the heart of Los Angeles! Live in one unit and use the other unit as a rental property; or rent out both units to achieve a favorable cap rate. Both units are identical; which features 2 bedrooms and 1 bath in each unit, a combined living space of approximately 1,944 sq. ft, separate one-car garages, and separate laundry hook ups in each unit. There is a shared backyard that is perfect for entertaining. The property's highly desirable location is one of its major highlights -- less than a mile away from the infamous LA Memorial Coliseum and the University of Southern California, and close proximity to LAX, Downtown LA, Banc of California Stadium, major freeways, public transportation, parks, schools, and shopping.
Sold for $825,000 on 06/27/25
Listing Provided by:
DESMONDE MEAS DRE #02127531 562-688-3296,
MEAS REALTY
Bought with: Palma Investments
$825,000
1209 W 40th Pl, Los Angeles, CA 90037
4beds
1,944sqft
Duplex
Built in 1924
2,497 Square Feet Lot
$813,600 Zestimate®
$424/sqft
$2,213 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 09, 2023 at 07:33am
Listing Provided by:
DESMONDE MEAS DRE #02127531 562-688-3296,
MEAS REALTY
Bought with:
Kenneth Palma, DRE #01886266
Palma Investments
Source: CRMLS,MLS#: IV22180403
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: Washer Hookup
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 1,944 sqft
Property
Parking
- Total spaces: 2
- Parking features: Door-Single, Garage Faces Front, Garage
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Front
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 2,497 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 5020016005
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Suburban
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: Cash to New Loan,Conventional,1031 Exchange
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Estimated market value
$813,600