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1110 -1112 W 40th PlaceLos Angeles, CA 90037

For Sale

$3,700,000

Smart Buyer Rebate $37,000

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 available upon request by contacting the listing agent.

Listed by Mona Yadegar

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License #01758802

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Christie's International Real Estate SoCal

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310-560-0609

Listed by Kirby Gillon

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License #01960253

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Christie's International Real Estate SoCal

Last updated November 06, 2025

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Source: CRMLS #25611615

Listing Facts

  • TypeMulti-family
  • NeighborhoodVermont Square
  • Bedrooms24
  • Days on Prevu21
  • Size6,813 sqft
  • Price per sqft$543

Amenities

  • Dishwasher
  • Washer/Dryer
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

10/29/2025
Listed by Christie's International Real Estate SoCal
$3,700,000

Property Details for 1110 -1112 W 40th Place

Exterior

Construction

  • Number Of Units Total: 24
  • Stories Total: 3
  • Year Built: 2023

Measurements

  • Building Area Total: 6,813
  • Lot Size Acres: 0.14
  • Lot Size Area: 6,406
  • Lot Size Dimensions: 50,128
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,406
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $411,010.00

Taxes

  • Parcel Number: 5020018003

Interior

Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Measurements

  • Living Area: 6,813
  • Living Area Source: Estimated

Rooms

  • Bathrooms Total Integer: 24
  • Bedrooms Total: 24

Parking

Parking

  • Attached Garage: Yes
  • Parking Total: 2

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.