$1,150,000
 $6,173 est/mo Sourced by Back At You

232 W 40th Place,Los Angeles, CA 90037

Los Angeles, CA 90037

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Description

LIVE IN ONE. RENT THE OTHER. CREATE EVEN MORE POSSIBILITIES. Welcome to 232 W 40th Pl, a rare Los Angeles opportunity offering the space, flexibility and income potential today's buyers are searching for! This permitted duplex delivers multiple living areas under one property, making it an excellent option for an owner-occupant, investor, large or multigenerational family looking to maximize the possibilities of their real estate. With approximately 2,407 sq. ft. of living space on a 6,529 sq. ft. lot, the property offers generous room to live, entertain and generate income. The flexible layout allows you to occupy one unit while renting the other, accommodate extended family, or build an investment strategy around multiple living spaces. And there's more - a bonus room/flex space creates even more possibilities. Think home office, gym, game room, creative studio, entertainment space or, subject to applicable approvals and requirements, explore its potential for additional rental income. Located minutes from USC, Downtown Los Angeles, major freeways, shopping, dining and some of LA's biggest sports and entertainment destinations, this is the type of property that gives buyers something increasingly difficult to find: OPTIONS. Whether you're looking for a place to call home, an investment property, or a combination of both, 232 W 40th Pl deserves to be seen in person. Don't just buy a home - buy a property that can work for you. Schedule your private showing today.

Details

MLS #DW26188219
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1916
Days On Site56
Listing Provided ByReal Broker | Jonathan Calderon

Features

Bed(s)7
Bath(s) 4 Total
SQ Feet2,060
Story(s)1
Units2
Acreage0.15
Property ViewYes

Interior

CoolingCentral Air
Cooling Yes / NoYes
Interior FeaturesCeramic Counters, All Bedrooms Down
Fireplace Yes / NoNo

Exterior

Lot FeaturesWalkstreet

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90037
Area699 Not Defined
Listing VS Median (in 90037)
Price:
$1,150,000
low | high
Med:
$815,000
79.130434782609% of Average
sqft:
2,060
low | high
Med:
1,748
65.145631067961% of Average
$ / sqft:
$558
low | high
Med:
$466
66.480947169436% of Average
On site:
56
low | high
Med:
247
22.672064777328% of Average
Sourced by Back At You

Market Activity 90037

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Additional Information


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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90037
Area699 Not Defined
Listing VS Median (in 90037)
Price:
$1,150,000
low | high
Med:
$815,000
79.130434782609% of Average
sqft:
2,060
low | high
Med:
1,748
65.145631067961% of Average
$ / sqft:
$558
low | high
Med:
$466
66.480947169436% of Average
On site:
56
low | high
Med:
247
22.672064777328% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $862K - $1.437M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
259 W 42ND Street Property Photo 1
$1,040,000
259 W 42nd Street
Los Angeles, CA 90037
233 W 42nd 1 Property Photo 1
$875,000
233 W 42nd 1
Los Angeles, CA 90037
Listing Updated: September 28, 2026 at 9:15:55 PM PDT