418 E 40th Place, Los Angeles, California 90011, Los Angeles, - bed, bath
ACTIVE$625,000
418 E 40th Place, Los Angeles, California 90011
4Beds
1Bath
1,932Sqft
7,082Lot
Year Built
1903
Close
-
List price
$625K
Original List price
$625K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
TR25062839
Home ConditionPoor
Features
View-
About this home
Probate Sale-Investor opportunity or first-time home buyer fixer opportunity could be something special. 4 bedrooms 1 bathroom property has a great size, living space is 1,932 sq. ft. Zoning is RD2-1 on a large size lot 7,080 sq. ft. This property is in a wonderful location close to downtown Los Angeles and easy access to the 10 and 110 Freeways. Because this is a probate property don't let this opportunity pass you by probate is easier than you think, let me help you! Call me today!
Nearby schools
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•0.0mi
3/10
Trinity Street Elementary School
Public,•K-5•0.2mi
/10
Maple Primary Center
Public,•K-1•0.4mi
2/10
Harmony Elementary School
Public,•K-5•0.5mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.5mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.5mi
5/10
Dolores Huerta Elementary School
Public,•K-5•0.7mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•0.7mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•0.8mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.8mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.9mi
4/10
Nevin Avenue Elementary School
Public,•K-5•1.3mi
5/10
Menlo Avenue Elementary School
Public,•K-5•1.3mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•1.3mi
5/10
Twentieth Street Elementary School
Public,•K-5•1.3mi
5/10
San Pedro Street Elementary School
Public,•K-5•1.5mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•1.5mi
4/10
Norwood Street Elementary School
Public,•K-5•1.9mi
2/10
John W. Mack Elementary School
Public,•K-5•1.9mi
3/10
George Washington Carver Middle School
Public,•6-8•0.6mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•0.7mi
4/10
John Adams Middle School
Public,•6-8•0.9mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•1.2mi
2/10
John Muir Middle School
Public,•6-8•2.1mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.5mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•0.9mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.0mi
5/10
Santee Education Complex
Public,•9-12•1.3mi
3/10
Manual Arts Senior High School
Public,•9-12•1.4mi
4/10
West Adams Preparatory High School
Public,•9-12•2.4mi
Price History
Date
Event
Price
02/25/70
Sold
$2,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (31 Listings) | |
|---|---|---|---|
| Beds | 4 | 3 | 66% |
| Baths | 1 | 2 | 47% |
| Square foot | 1,932 | 1,219 | 91% |
| Lot Size | 7,082 | 5,189 | 94% |
| Price | $625K | $550K | 69% |
| Price per square foot | $323 | $498 | 9% |
| Built year | 1903 | 9550956 | 13% |
| HOA | |||
| Days on market | 227 | 196 | 66% |
Condition Rating
Poor
The property was built in 1903 and is described as a 'fixer opportunity'. The single image shows an exterior in need of repair. Given the age and description, it's likely the kitchen and bathroom are outdated and require substantial work. This suggests significant deferred maintenance.
Pros & Cons
Pros
Large Lot Size: The property boasts a sizable 7,080 sq. ft. lot, offering potential for expansion, landscaping, or outdoor amenities.
Spacious Living Area: With 1,932 sq. ft. of living space, the property provides ample room for a family or for entertaining guests.
Four Bedrooms: The property features four bedrooms, making it suitable for larger families or those needing extra space for guests or a home office.
Excellent Location: The property is conveniently located near downtown Los Angeles with easy access to the 10 and 110 Freeways, offering convenient commutes and access to amenities.
Investment Opportunity: The property is presented as an investor opportunity or a fixer-upper for a first-time home buyer, suggesting potential for value appreciation after renovations.
Cons
Probate Sale: The property is a probate sale, which may involve a longer and more complex transaction process.
Fixer-Upper Condition: The property is described as a 'fixer opportunity,' indicating that it likely requires significant repairs and renovations.
Only One Bathroom: The property only has one bathroom, which may be insufficient for a four-bedroom house and could deter some buyers.