232 West 40th Place, Los Angeles, CA 90037

$1,150,000
7
BD
4
BA
2,060
SqFt

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List Price
$1,150,000
Status
ACTIVE
MLS#
DW-26188219
Year Built
1916
Bedrooms
7
Bathrooms
4
Living Sq. Ft
2,060
Lot Size
6,529
Days on Market
15
Property Type
Multifamily
Stories
2

Property Description

LIVE IN ONE. RENT THE OTHER. CREATE EVEN MORE POSSIBILITIES. Welcome to 232 W 40th Pl, a rare Los Angeles opportunity offering the space, flexibility and income potential today's buyers are searching for! This permitted duplex delivers multiple living areas under one property, making it an excellent option for an owner-occupant, investor, large or multigenerational family looking to maximize the possibilities of their real estate. With approximately 2,407 sq. ft. of living space on a 6,529 sq. ft. lot, the property offers generous room to live, entertain and generate income. The flexible layout allows you to occupy one unit while renting the other, accommodate extended family, or build an investment strategy around multiple living spaces. And there's more — a bonus room/flex space creates even more possibilities. Think home office, gym, game room, creative studio, entertainment space or, subject to applicable approvals and requirements, explore its potential for additional rental income. Located minutes from USC, Downtown Los Angeles, major freeways, shopping, dining and some of LA's biggest sports and entertainment destinations, this is the type of property that gives buyers something increasingly difficult to find: OPTIONS. Whether you're looking for a place to call home, an investment property, or a combination of both, 232 W 40th Pl deserves to be seen in person. Don't just buy a home — buy a property that can work for you. Schedule your private showing today.

Additional Information

Land Lease Type
Fee
Fireplace Description
None
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Neighborhood

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Calculator source: Real Geeks

Listing courtesy of Real Broker.