$1,799,999

602 W 40th Pl Unit 3 Los Angeles, CA 90037

$10,000
Closing credit¹
0.2 acres
Multi-Family

Property details

About 602 W 40th Pl Unit 3

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 units has 4 bedrooms and 2 bathrooms on the first floor and 2 bedrooms and 1 bath on the 2nd floor. The 2 story rear unit was built in 2005 and has 4 bedrooms and 2 baths. Ideally located just steps from the BMO Stadium and a short walk to University of Southern California, Los Angeles Memorial Coliseum, and Natural History Museum of Los Angeles County. Property will be delivered with tenants in all units. Tenants are current with rent.

Highlights

Home typeTriplex
StatusActive
Lot size0.155 Acres
Year built1908
ParkingOn Site
MLS #DW23162842

Summary

  • MLS Number: DW23162842
  • MLS Name: CRMLS
  • Office Name: Victoria Premier Realty
  • Office Phone: (562) 536-9355
  • Listing Agent: Juana Luna Lopez

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 12:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house

$1,799,999

602 W 40th Pl Unit 3

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

6

Global Education Academy

Public Charter KG-6

0.2 mi

4141 S Figueroa St

5

Menlo Avenue Elementary

Public District KG-5

0.4 mi

4156 Menlo Ave

5

West Vernon Avenue Elementary

Public District KG-5

0.4 mi

4312 S Grand Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $27,578. Most Los Angeles, CA residents have annual incomes less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

68%
<35k
32%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

42%
Single, No Kids
24%
Single, with Kids
11%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
9%
12-17 yrs old
31%
18-34 yrs old
32%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less
  • H&MH&M

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box
  • Boston MarketBoston Market

What do the neighbors drive?

  • DodgeDodge
  • NissanNissan
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 602 W 40th Pl Unit 3 in Los Angeles, CA and zip code 90037 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since September 3, 2023 and is currently priced at $1,799,999.

While more than 212 listings in Los Angeles, CA in February 2025 were sold above asking price, there were more than 105 listings sold at asking price, and more than 280 were sold below. Between January and February 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. In February 2025, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $989,396.

From Rocket Homes Real Estate and based on county public records data.

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