1 year on rocket

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

$1,799,999

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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602 W 40th Pl Unit 3, Los Angeles$1,799,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Site
Year Built1908
FireplaceNone
MLS #DW23162842
Lot Size0.15 Acres
StatusActive

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.

Property Details

Property Features

Property Information:

  • Year Built: 1908
  • Stories: 2

Listing Office:

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

Interior Features

Interior Information:

  • Flooring Type: Laminate, Tile
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: On Site

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Other

Directions Information:

  • Directions: Take the I-110S/CA-110 N exit. Merge onto I-110 S. Take exit 20A for Martin Luther King Jr. Blvd toward Coliseum. Turn rignt onto Martin Luthern King Jr Blvd, turn left onto S Figueroa St.. Turn right onto W 40th Pl.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,799,999
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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

1542

602 W 40th Pl Unit 3 vs Los Angeles

445 DAYS ON ROCKET

+407 Days

$1,799,999

+$776.5K More

KEY TAKEAWAY

This property is $776.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #DW23162842

Listing Office:

  • 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: 11/22/2024, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$9,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

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NMLS#3030

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-492627
6
/10

  • Global Education Academy

  • 4141 S Figueroa St

  • 0.15 miles

  • Public Charter Grades KG-6

school-card-donut-492628
5
/10

  • Menlo Avenue Elementary

  • 4156 Menlo Ave

  • 0.36 miles

  • Public District Grades KG-5

school-card-donut-492629
5
/10

  • West Vernon Avenue Elementary

  • 4312 S Grand Ave

  • 0.44 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90037›602 W 40th Pl Unit 3

This home is located at 602 W 40th Pl Unit 3 in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This home, which was built in 1908, sits on a 0.15 acre lot. It has been listed on Rocket Homes since September 03, 2023 and is currently priced at $1,799,999.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

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

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