$3,700,000

1110 W 40th Place, Los Angeles, CA 90037

  • 6,813 sqft
  • Property Icon other
  • Property Year Built Icon Built in 2023
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $543/sqft
  • Property List Date Icon Listed 11 days ago

Property Description

Exceptional Turn-Key Income Property Near USC & Exposition ParkDiscover an outstanding investment opportunity just minutes from USC and Exposition Park. Built in 2023, this modern, turn-key property features 24 bedrooms and 24 bathrooms across two contemporary units, each thoughtfully designed for shared living. Every resident enjoys a private bedroom and bathroom with access to stylish shared kitchens and common areas, creating a highly desirable co-living environment.Currently leased to government-subsidized tenants, the property provides stable, guaranteed rental income with low operating expensesa rare combination for investors seeking reliability and ease of management. Given its prime location near USC Village, BMO Stadium, the LA Memorial Coliseum, the Lucas Museum, and multiple Metro E-Line stations offering direct access to Downtown LA and Santa Monica, the property also presents an exceptional opportunity for future conversion to student housing.Each unit showcases modern finishes, private balconies, and includes a two-car garage. With approximately 6,813 square feet of living space on a 6,405 square foot lot, this is a high-income, low-maintenance asset positioned in one of Los Angeles' most dynamic rental markets. Rent roll details for each individual bedroom are avai

Listing Status:
Active
Date Added:
October 29, 2025 at 05:00AM
Listing Office:
Christie's International Real Estate SoCal : 424-249-7162
Listing Agent:
Mona Yadegar : 310-560-0609
MLS ID:
CL25611615
  • Appliances: Dryer
  • Laundry: DryerWasher
  • A/C: Central Air
  • Heating: Other
  • County: Los Angeles
  • Zoning: LAR25020018003

This listing courtesy of Mona Yadegar, Christie's International Real Estate SoCal

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Menlo Avenue Elementary

4156 Menlo Ave, Los Angeles, CA, 90037

Grades KG-5

0.32 miles away

F

Foshay Learning Center

3751 S Harvard Blvd, Los Angeles, CA, 90018

Grades 6-12

0.95 miles away

M

Manual Arts High School

4131 S Vermont Ave, Los Angeles, CA, 90037

Grades 9-12

0.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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