$7,113

closing credit¹

788 E 40th Pl Los Angeles, CA 90011

$599,000
3 beds
2 full
1,220 sqft
0.07 acres
$491 / sqft
House

Property details

About 788 E 40th Pl

NEW REDUCED PRICE! Welcome to 788 E 40th Place—a beautifully maintained Craftsman bungalow in central Los Angeles that perfectly blends historic charm with modern updates. This early 20th-century home welcomes you with a mix of original and updated hardwood and luxury vinyl plank floors, high ceilings, and an abundance of natural light. The living room features classic built-ins and vintage details, adding character to the space, while the updated kitchen boasts modern conveniences, including custom cabinets, quartz countertops, and stainless steel appliances. The home offers three bedrooms, each providing a peaceful retreat, and a spacious backyard with mature fruit trees and a patio—ideal for outdoor living. Located in a prime area near downtown, USC, and major freeways, you’ll enjoy convenient access to parks, dining, shopping, and more. Additional highlights include recent upgrades to the plumbing and electrical systems. This charming bungalow at 788 E 40th Place is ready to welcome its next owner—don’t miss this incredible opportunity!

Highlights

Home typeSingle Family Residence
StatusActive
Size1,220 sqft
Lot size0.0662 Acres
Year built1915
MLS #SR25010010

Summary

  • MLS Number: SR25010010
  • MLS Name: CRMLS
  • Office Name: eXp Realty of California Inc
  • Office Phone: (310) 862-6236
  • Listing Agent: Christopher Gorvetzian

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: 1/17/2025, 11:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of side of property featuring a patio area

$599,000

788 E 40th Pl

$7,113

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 07, 2003
Home Sold
$155,000
Apr 07, 1998
Home Sold
$60,000
Mar 16, 1998
Home Sold
$50,000

Tax history

YearAssessmentProperty Tax
2021$226,260$2,793
2020$223,941$2,709
2019$219,551$2,700
2018$215,247$2,639
2017$211,027$2,639

History based on county public records data.

Nearby schools

3

Wadsworth Elementary School

Public District KG-5

0.2 mi

981 E 41st St

3

Harmony Elementary School

Public District PK-5

0.2 mi

899 E 42nd St

3

Quincy Jones Elementary

Public District KG-5

0.3 mi

900 E 33rd St

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 $26,897. The most common annual income of people living in Los Angeles, CA is less than $<35k. The majority of families are married, with kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

57%
<35k
42%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

19%
Single, No Kids
28%
Single, with Kids
12%
Married, No Kids
41%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

23%
<11 yrs old
13%
12-17 yrs old
29%
18-34 yrs old
31%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

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

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • HondaHonda

What do the neighbors listen to?

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

Similar homes for sale

Frequently asked questions

About 788 E 40th Pl

This home is located at 788 E 40th Pl in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This 1,220 square foot home, which was built in 1915, sits on a 0.07 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 16, 2025 and is currently priced at $599,000.

Over 524 listings were sold over their listed price in December 2024 in Los Angeles, CA. In the same period over 740 listings were sold below the listed price and 203 listings were sold for the listed price. In December 2024 in Los Angeles, CA there were 5.3% less homes for sale than in November. While the average time on the market in December 2024 was 41 days, the median list price was $1,026,634.

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

More resources