12 days on rocket

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

$1,249,995

Home List Price

$10,000*

Closing Credit

7 Bedrooms
4 Full Baths
2,407 SqFt
$519/SqFt
Multi
Schools Nearby

Location

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232 W 40th Pl, Los Angeles$1,249,995

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1916
HeatingOther
CoolingWall/Window Unit(s)
FireplaceNone
ViewNeighborhood
MLS #DW24084969
Lot Size0.15 Acres
StatusActive

About 232 W 40th Pl

Welcome to your dream home in the heart of Los Angeles! AND enjoy the income potential this gem has to offer! This stunning property boasts an impressive 7 bedrooms and 4 bathrooms, providing lots of space for your family, loved ones, and guests. As you step inside, you'll immediately notice the open floor plan and extra loft / bonus flex space, perfect for creating personalized areas for work, play, or relaxation. The HUGE front house has 3 beds, 2 baths, a formal dining and living area, and LARGE size rooms! The second unit hosts an additional 4 beds, and 2 baths with kitchenettes, ensuring both style and functionality for years to come. Both units underwent major facelifts. Parking will never be an issue with ample spaces available, making hosting gatherings and accommodating multiple vehicles a breeze. Conveniently located near major highways, this property is ideal for commuters looking for easy access to all parts of the city. Plus, its proximity to USC, sports stadiums, shopping centers, and restaurants ensures you'll always be just moments away from entertainment and amenities. AND the perks don't stop there! This home also comes with approved permits for an ADU (Accessory Dwelling Unit), providing additional rental income potential. PLANS THAT ARE APPROVED BY THE CITY OF LOS ANGELES AND CLEARED BY THE DEPARTMENT OF WATER AND POWER ARE SOLD WITH THE PROPERTY. Don't miss out on the opportunity to make this incredible property your own and experience the best of Los Angeles living!

Property Details

Property Features

Property Information:

  • Year Built: 1916
  • Stories: 2
  • Living Area: 2,407 SqFt

Listing Office:

  • Office Name: Pillar Realty
  • Office Phone: (562) 243-3802
  • Listing Agent: Jonathan Calderon

Interior Features

Interior Information:

  • Interior: All Bedrooms Down, Loft
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Santee Education Complex, Public District Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • William Jefferson Clinton Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Trinity Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: 40th Pl and Broadway

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,249,995
  • Price Per SqFt: $519/SqFt

Tax Information:

  • Annual Amount: $4,520
  • 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

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

232 W 40th Pl vs Los Angeles

12 DAYS ON ROCKET

-22 Days

$1,249,995

+$263.5K More

$519/SqFt

-$113 Less

KEY TAKEAWAY

This property is $263.5K more than the Median Sold Price and $113/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: #DW24084969

Listing Office:

  • Office Name: Pillar Realty
  • Office Phone: (562) 243-3802
  • Listing Agent: Jonathan Calderon

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: 5/19/2024, 4:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 16, 2002Home Sold
$175,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,520$358,304
2020$4,388$354,631
2019$4,256$347,679
2018$2,865$340,862
2017$2,865$218,372

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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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.

Elementary School

school-card-donut-3632200
3
/10

  • Trinity Street Elementary School

  • 3736 Trinity St

  • 0.47 miles

  • Public District Grades KG-5

school-card-donut-3632201
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 6.47 miles

  • Public Magnet Grades KG-6

school-card-donut-3632202
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 20.44 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-3632203
3
/10

  • William Jefferson Clinton Middle School

  • 3500 S Hill St

  • 0.53 miles

  • Public District Grades 6-8

school-card-donut-3632204
4
/10

  • Studio

  • 2211 W Avenue 30

  • 6.94 miles

  • Public District Grades 6-8

High School

school-card-donut-3632205
4
/10

  • Santee Education Complex

  • 1921 Maple Ave

  • 1.55 miles

  • Public District Grades 9-12

school-card-donut-3632206
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 4.19 miles

  • Public Magnet Grades 9-12

school-card-donut-3632207
7
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 17.97 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,540. Residents of Los Angeles, CA typically earn less than $35k each year. Most families are married, with 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›232 W 40th Pl

This home is located at 232 W 40th Pl in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This 2,407 square foot home, which was built in 1916, sits on a 0.15 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $1,249,995.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. The inventory of homes for sale in Los Angeles, CA between March 2024 and April 2024 increased by 14.9%. The median list price of listings available in April 2024 was $986,427, while the average time on the real estate market was 34 days.

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

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