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Backup Offers

173 W 40th Pl, Los Angeles, CA, 90037

$479,000

Home List Price

$5,688*

Closing Credit

3 Bedrooms
1 Full Bath
1,036 SqFt
$462/SqFt
House

Location

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173 W 40th Pl, Los Angeles$479,000

Buyer Closing Credits

$5,688*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingUncovered
Year Built1922
CoolingNone
FireplaceNone
ViewNeighborhood
MLS #SB24237904
Lot Size0.14 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 173 W 40th Pl

Here Is An Exceptional Investment Opportunity!!! Unlock the potential of this 3-bedroom home nestled in the heart of Los Angeles. Situated on a generous LARD2 lot just under 6,000 sqft., this property offers immense opportunities for expansion, redevelopment, or to create a dream oasis. This lot can possibly fit not one but two ADU’s. Conveniently located just minutes from BMO Stadium, L.A. Coliseum, USC, DTLA, Exposition park, and with easy access to public transportation and the 110Fwy. This property is perfectly positioned for both lifestyle or investment purposes. This property is ready for your creative touch. Whether you're looking to build, expand, or renovate, the possibilities are endless. Don’t miss this chance to bring your vision to life.

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 1
  • Living Area: 1,036 SqFt

Listing Office:

  • Office Name: West Shores Realty, Inc.
  • Office Phone: (310) 415-4189
  • Listing Agent: Carol Spears

Interior Features

Interior Information:

  • Flooring Type: Wood
  • Interior: Separate/Formal Dining Room
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Parking: Uncovered

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: South of MLK Jr Blvd, Between Broadway and Main St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $479,000
  • Price Per SqFt: $462/SqFt

Tax Information:

  • Annual Amount: $457
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

173 W 40th Pl vs Los Angeles

31 DAYS ON ROCKET

-7 Days

$479,000

-$542.5K Less

$462/SqFt

-$178 Less

KEY TAKEAWAY

This property is $542.5K less than the Median Sold Price and $178/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24237904

Listing Office:

  • Office Name: West Shores Realty, Inc.
  • Office Phone: (310) 415-4189
  • Listing Agent: Carol Spears

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: 12/21/2024, 9:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$457$26,437
2020$445$26,167
2019$402$25,655
2018$393$25,153
2017$393$24,660

History based on county public records data.

Payment Calculator

$2,458

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,503

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-793958
6
/10

  • Accelerated Charter Elementary School

  • 3914 S Main St

  • 0.35 miles

  • Public Charter Grades KG-6

school-card-donut-793959
4
/10

  • Gabriella Charter 2

  • 3736 Trinity St

  • 0.40 miles

  • Public Charter Grades KG-5

school-card-donut-793960
3
/10

  • Trinity Street Elementary

  • 3736 Trinity St

  • 0.40 miles

  • Public District Grades 2-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,540. The most common annual income of people living in Los Angeles, CA is less than $35k. Most families are married, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 173 W 40th Pl

What is the listing price of this property?

The listing price of 173 W 40th Pl property is $479,000.

What type of property is this?

The property 173 W 40th Pl is a house located in Los Angeles, California, 90037.

Is this property for sale now?

Accepting Backup Offers: 173 W 40th Pl is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $457 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 173 W 40th Pl has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 173 W 40th Pl is 1,036 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 173 W 40th Pl is 1922.

Rocket Homes›California›Los Angeles County›Los Angeles›90037›173 W 40th Pl

This home is located at 173 W 40th Pl in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This 1,036 square foot home, which was built in 1922, sits on a 0.14 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $479,000.

Los Angeles, CA housing market in November 2024 saw over 512 listings sold above listed price, more than 177 sold at listed price and over 657 sold below. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. Listings spent 38 days on the market in November 2024, and had a median list price of $1,021,532 during the same period.

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

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