This motivated seller is willing to help buyers with closing costs. The property can be both a place for you to live and enjoy AND an produce rental income to help you make the mortgage payment!! This gem has TONS to offer! This stunning property boasts an impressive 8 bedrooms and 4 bathrooms in total, providing lots of space for your family, loved ones, and guests. As you step inside, you'll immediately notice the open floor plan and extra loft / bonus flex space (currently staged as a room), perfect for creating personalized areas for work, play, or relaxation. The HUGE front house has 4 beds, 2 baths, a formal dining and living area, and LARGE size rooms!
The second unit hosts an additional 3 beds, and 1 baths with kitchenettes, ensuring both style and functionality for years to come. AND the converted garage has an additional bed, bath, and kitchenette. Both units and garage underwent major facelifts.
Parking will never be an issue with ample spaces available, making hosting gatherings and accommodating multiple vehicles a breeze.
Conveniently located near major highways, this property is ideal for commuters looking for easy access to all parts of the city. Plus, its proximity to USC, sports stadiums, shopping centers, and restaurants ensures you'll always be just moments away from entertainment and amenities.
AND the perks don't stop there! This garage conversion also comes with approved permits for an ADU (Accessory Dwelling Unit), providing additional rental income potential. PLANS THAT ARE APPROVED BY THE CITY OF LOS ANGELES AND CLEARED BY THE DEPARTMENT OF WATER AND POWER ARE SOLD WITH THE PROPERTY. OR keep that property as is and start getting rental income NOW! Tons of options are available with this property.
Don't miss out on the opportunity to make this incredible property your own!
Sold for $1,000,000 on 08/26/24
Listing Provided by:
Jonathan Calderon DRE #01982607 562-243-3802,
Pillar Realty
Bought with: Pillar Realty
$1,000,000
232 W 40th Pl, Los Angeles, CA 90037
8beds
2,407sqft
Duplex
Built in 1916
6,529 Square Feet Lot
$355,400 Zestimate®
$415/sqft
$5,072 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 04, 2024 at 09:23pm
Listing Provided by:
Jonathan Calderon DRE #01982607 562-243-3802,
Pillar Realty
Bought with:
Jonathan Calderon, DRE #01982607
Pillar Realty
Source: CRMLS,MLS#: DW24084969
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 4
- Main level bedrooms: 7
Heating
- See Remarks
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- All Bedrooms Down, Loft
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,407 sqft
Property
Features
- Levels: One,Two
- Stories: 1
- Entry location: Front
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,529 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5111022008
- Zoning: LARD2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1916
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Storm Drain(s), Street Lights, Sidewalks
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: Conventional
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Estimated market value
$355,400