879 E 40th Pl, Los Angeles, CA 90011
FOR SALE
Listed by Justin Yee, eXp Realty of Southern California, Inc, (888) 584-9427

879 E 40th Pl
Los Angeles, CA 90011

Southeast Los Angeles
  • 11 Beds
  • 5 Baths
  • 4,334 sqft

$1,600,000

Est. Mortgage $9,638/mo*
Get Pre-Qualified

$1,600,000

Est. Mortgage $9,638/mo*
Get Pre-Qualified
11 Beds
5 Baths
4,334 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Exceptional Investment Opportunity To Acquire A Large Income-Producing 4-Unit Property In The High-Demand South Los Angeles / Downtown LA Rental Market. Well-Maintained Quadplex Offers 11 Bedrooms, 5 Bathrooms And Approximately 4,700 Square Feet Of Total Living Space On A 6,300± Square Foot Lot in LARD1.5-1 Zoning, Making It One Of The Larger Multifamily Assets In The Immediate Area. Unit1: 4Bed/2Bath Unit2: 3Bed/1Bath Unit3: 2Bed/1Bath Unit4: 2 Bed/1Bath. Additionally, With Rare Amenities Of 9 Total Private Parking Spaces (3 Covered Car Port Parking + 6 Private Uncovered – This Improves Tenant Retention And Value As Parking Is Sparse In The Area. Individually Separately Metered For Gas And Electricity. The Property Was Fully Rebuilt In 2006 And Has Received Recent Minor Updates, Providing Investors With The Benefit Of Modernized Construction Relative To Surrounding Vintage Housing Stock, Improved Structural Integrity, And Reduced Capital Expenditure Requirements. Interior Features: Shaker Kitchen Cabinets, Newer Paint, Newer Flooring, Newer Windows, Newer Sinks, Newer Bathroom Vanities, Newer Showers, Recessed Lighting, And Modern Fixtures. Ground Floor Laundry Area In Ground Floor Unit #879 With Access To Exterior (Could Be Transformed Into Shared Laundry With Coin-op Laundry, Adding Additional Income). The Property Is Fully Rented, Currently Generating Approximately $7,700 Per Month In Gross Rental Income, Offering Stable Cash Flow From Day One. With The Strong Demand For Affordable Housing In The 90011 Corridor, The Asset Presents A Compelling Opportunity For Continued Rental Growth Through Strategic Rent Adjustments, Improved Management, Or Unit Upgrades. Actualize The Development And Density Potential Upside With Improving Rental Income By ADU Development (2-4 ADU Possible), Carport Conversions, Redevelopment Utilizing LA And State Housing Incentives For Higher Density Housing + Transportation Area Incentives. RD1.5-1 Zoning, Transit Oriented Communities (TOC Tier 1), ZI-2374 State Enterprise Zone LA, Transit Oriented Incentive Area 1 (TOIA).
Well Positioned – Very Close To USC, Future Olympics Location, Major Transportation Corridors, Retail And Employment Hubs. Ideal For Investors, 1031 Exchange Buyers, Value-Add Builders, Developers Seeking Rental Market With Prime Unit Mix In TOC Zone (8-12 Units Possible) With Rental Pro-Forma Of Approximately $27,600 Per Month After Redevelopment. Your Investment Opportunity Is Here, Call Listing Agent NOW!

Home Highlights

Parking
3 Carport Spaces
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
$369
Listed
82 days ago

Home Details for 879 E 40th Pl

Interior Features

Interior Details
Number of Rooms: 11Types of Rooms: Master Bedroom, Bedroom, Master Bathroom, Bathroom, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 11Main Level Bedrooms: 4Number of Bathrooms: 5Number of Bathrooms (full): 5Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 4334 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Sewer Connected, Water ConnectedAppliances: Electric Oven, Free-Standing Range, Gas Range, Microwave, Refrigerator, Range HoodLaundry: Washer Hookup,Electric Dryer Hookup,Inside,Laundry RoomMicrowaveRefrigerator
Heating & Cooling
Heating: Wall FurnaceHas CoolingAir Conditioning: Electric,Wall/Window Unit(s),ZonedHas HeatingHeating Fuel: Wall Furnace
Fireplace & Spa
Fireplace: NoneSpa: NoneNo FireplaceNo Spa
Gas & Electric
Electric: Standard
Windows, Doors, Floors & Walls
Window: Insulated Windows, ScreensFlooring: Tile, Vinyl, WoodCommon Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3Levels: Three Or MoreEntry Location: 1Accessibility: Safe Emergency Egress from Home, No StairsFloors: Tile, Vinyl, Wood
View
Has a ViewView: City Lights, Neighborhood
Security
Security: Carbon Monoxide Detector(s), Fire Detection System, Security Gate, Smoke Detector(s), Window Bars

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Concrete, Covered, Front Porch, PorchFencing: BlockFoundation: SlabNo Private Pool
Parking & Garage
Number of Carport Spaces: 3Number of Covered Spaces: 3Open Parking Spaces: 7Has a CarportNo GarageParking Spaces: 10Parking: Attached Carport,Assigned,Concrete,Covered,Carport,Driveway Level,Gated,On Site,Paved,One Space
Pool
Pool: None
Frontage
Road Frontage: City StreetRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 26Days on Market: 82

Property Information

Year Built
Year Built: 2006
Property Type / Style
Property Type: ResidentialProperty Subtype: QuadruplexStructure Type: QuadruplexArchitecture: Custom
Building
Construction Materials: Concrete, StuccoNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Condition: Updated/Remodeled, TurnkeyParcel Number: 5114012007

Price & Status

Price
List Price: $1,600,000Price Per Sqft: $369
Status Change & Dates
Possession Timing: Close Of Escrow, Negotiable

Active Status

MLS Status: Active

Location

Direction & Address
City: Los Angeles
School Information
High School District: Los Angeles UnifiedWalk Score: 77

Agent Information

Listing Agent
Listing ID: OC26056394

Community

Community Features: Curbs, Street Lights, Sidewalks, UrbanNot Senior Community

HOA

Association for this Listing: California Regional MLSHOA Fee: No HOA Fee

Lot Information

Lot Area: 6309 sqft

Listing Info

Special Conditions: Standard

Offer

Contingencies: N/AListing Terms: Cash, Cash to New Loan, Conventional, Cal Vet Loan, FHA, Submit, VA Loan

Rental Terms, Policies & Fees

Has Rent Control

Miscellaneous

Mls Number: OC26056394Living Area Range Units: Square FeetAttribution Contact: 949-533-1572Common Interest: NoneUniversal Property Id: US-06037-N-5114012007-R-N

Additional Information

CurbsStreet LightsSidewalksUrbanSource Internet Entire Listing Display
Last check for updates: about 10 hours ago
Listing Provided by: Justin Yee DRE #01904338, (949) 533-1572
eXp Realty of Southern California, Inc
Originating MLS: California Regional MLS
Source: CRMLS, MLS#OC26056394
Also Listed on CRMLS, CRMLS, CRMLS, eXp Realty, eXp Realty.

Market trends in Southeast Los Angeles

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$635K
$33.83KMoM
Sale-to-List Price
—
Price per sq ft
$557
$11MoM
Available listings
124
2MoM

Price History for 879 E 40th Pl

DatePriceEventSource
03/13/2026$1,600,000Listed For SaleCRMLS #OC26053122
02/06/2019$1,299,900ListingRemovedAgent Provided
08/21/2018$1,299,900Listed For SaleAgent Provided
05/01/2009$795,000ListingRemovedAgent Provided
04/03/2009$795,000Listed For SaleAgent Provided
09/07/1990$190,000Sold
N/A

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Property Tax and Assessment

Year2025
Tax$6,641
Assessment$496,744
Home facts updated by county records

Comparable Sales for 879 E 40th Pl

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3805 Paloma St, Los Angeles, CA
0.13
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$500,000
10/01/25
9
6
1,620
948 E 42nd Pl, Los Angeles, CA
0.28
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$1,058,000
04/24/26
10
6
3,676
972 E 42nd Pl, Los Angeles, CA
0.29
Multi-Family Home
$1,098,000
12/31/25
10
6
3,790
1047 E 33rd St, Los Angeles, CA
0.31
Multi-Family Home
$1,150,000
12/23/25
11
8
4,615
731 E 33rd St, Los Angeles, CA
0.43
Multi-Family Home
$1,341,000
10/31/25
8
5
4,200
3438 McKinley Ave, Los Angeles, CA
0.12
Multi-Family Home
$1,200,000
08/27/25
16
8
8,816
3424 Paloma St, Los Angeles, CA
0.19
Multi-Family Home
$810,000
08/27/25
7
3
2,298
731 E 41st Pl, Los Angeles, CA
0.19
Multi-Family Home
$1,045,000
05/15/26
6
4
2,080
1162 E 43rd Pl, Los Angeles, CA
0.50
Multi-Family Home
$1,380,000
06/10/25
12
6
5,729
835 E 41st St, Los Angeles, CA
0.07
Multi-Family Home
$390,000
01/15/26
6
-
2,376

Nearby homes

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Assigned Schools

These are the assigned schools for 879 E 40th Pl.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Southeast Los Angeles
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Southeast Los Angeles

At least 1446 Trulia users voted on each feature.

  • 90 % Say there are sidewalks

  • 72 % Say car is needed

  • 69 % Say yards are well-kept

  • 64 % Say there's holiday spirit

  • 60 % Say it's walkable to grocery stores

  • 52 % Say it's dog friendly

  • 51 % Say kids play outside

  • 50 % Say streets are well-lit

  • 48 % Say it's walkable to restaurants

  • 45 % Say they plan to stay for at least 5 years

  • 42 % Say neighbors are friendly

  • 34 % Say it's quiet

  • 27 % Say people would walk alone at night

  • 25 % Say there are community events

  • 25 % Say parking is easy

  • 23 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Jaykaysunday31
    "It is a crime area but not high crime neighbors respect each other we can walk our dogs freely just please pick up after your animals"
    0
    Flag
  • Esmee.zaratee94
    "It’s okay don’t like how there’s rarely no parking. Some streets are to small but I like how there’s parks around and lots of stores. "
    0
    Flag
  • Trulia User
    "Lots of diversity among people all work together on other neighborhood apps to locate missing pets and help contribute to an overall sense of safety that is hard to achieve especially around the Florence -graham area"
    0
    Flag
  • Jaykaysunday31
    "I have lived here for years. I walk around here freely and I always feel safe. The markets carry fresh fruits and veggies as well as the people are always friendly"
    1
    Flag
  • Ari Casanova
    "Nothing! It’s crowded, people going homeless and no official makes a different. People are aware of the area. "
    0
    Flag
  • Arreolamariae
    "Not much of events around the are, to much homeless rv park around the area. To much trash around homeless. Looks so dirty "
    0
    Flag
  • Calebsanchez87
    "There’s definitely Long side walks and a decent amount of large parks Maybe not the safest though and stray dogs around"
    0
    Flag
  • Kandice Speedracer Weaver
    "Parks After Dark are my most favorite events I usually attend them with my son because it feels safe. I also take my nieces and nephews because they enjoy the events as well."
    0
    Flag
  • Gwendolyn Anthony
    "Not available bad this scares is not safe for the disable. B very careful. Senior citizen beware. Safety is a issues"
    5
    Flag
  • Lucy Ceja
    "Dogs that are kept inside are too loud and some dogs even can jump the fence. Lots of dogs also leave outside no owner no leashed not dangerous dogs "
    2
    Flag
  • Trulia User
    "Dog owners in this area who not lol or here because no one picks up after their dogs it’s all over the side walks in the bushes along with all the trash and dirt "
    3
    Flag
  • Trulia User
    "People would get their Dogs stolen. Do not move here. It's not safe. Do not recommend at all. Move in at your own Risk. We are movinv away! "
    1
    Flag
  • Trulia User
    "I been living here all my life and it always great to meet new people and be friendly with everyone around you no matter who you are there’s always a way to communicate with each other’s "
    0
    Flag
  • Trulia User
    "if you can don't live here want to move out of here badly just everything so expensive so if you can trust me stay as far as possible from south LA aka the jungle "
    1
    Flag
  • Trulia User
    "safety in the neighborhood and what kind of predetadors to watch it for I think that's one of the most things important to know about child safety is our risk arr they any parks nearby or schools libraries "
    2
    Flag
  • Trulia User
    "The events for kids in the evenings in the weekends. They are pretty great to entertain family and have kids out of trouble. Amazing activities."
    2
    Flag
  • Trulia User
    "There is a train around the corner and multiple bus routes, traveling to downtown is only 6 stops away "
    1
    Flag
  • Trulia User
    "Stray dogs and cats all over the place. Litter and homeless people all over the place. Not a safe place to take a dog on a walk UNLESS it’s a certified guard dog "
    1
    Flag
  • Trulia User
    "It’s actually good in the neighborhood but I wished there were more busses since it gets busy during the mornings "
    1
    Flag
  • Trulia User
    "been living here 26 years in my house no problem I walk in area for excriseing it cool iam older woman "
    8
    Flag
  • Trulia User
    "yes I see people walking yes I say hi to them yes they say hi to me everybody feels comfortable with each other all is good"
    0
    Flag
  • Trulia User
    "I drive sometimes catch that bus or train walk depending on weather time and traffic or distance of my destination "
    0
    Flag
  • Trulia User
    "It has its own culture, tagging on the wall, people are always playing music, it is a lively community "
    7
    Flag
  • Trulia User
    "A very nice neighborhood to live and bring up a family the center of LA you can go anywhere because the 110 & 10 are close and get get anywhere else in minutes "
    0
    Flag
  • Trulia User
    "Unfortunately, there are no community events that are taking place in or near this neighborhood. "
    0
    Flag
  • Trulia User
    "Everything is bad here freeways people neighborhood is not clean…..is not safe not nice Can even walk ."
    0
    Flag
  • Trulia User
    "I’ve grown up here. It’s a nice place. A little rough around the edges sometimes but an alright place to settle. "
    4
    Flag
  • Trulia User
    "be kind but please be safe, keep tabs on your children and pets, its not very safe here past dark "
    0
    Flag
  • Trulia User
    "Everyone knows each other or atleast knows who’s who. People are mostly friendly but lots of gang activities."
    2
    Flag
  • Trulia User
    "None, people are bitter with each other. Neighbors cause a lot of issues. It’s very dirty and there is a lot of homeless people walking around. Gang activity is also a big problem "
    0
    Flag
  • Trulia User
    "Have lived here for 4 years, the neighborhood has been good to us. Schools a good. It’s safe for families to walk in the parks"
    0
    Flag
  • Trulia User
    "We have Bloc parties and flea markets every weekend and a very family oriented neighborhood Close to everything if you choose to drive or take public transportation"
    0
    Flag
  • Trulia User
    "Its not always safe but many people who live around are careful of things. Gives few liberties but need a bit of enforcement in some parts. "
    1
    Flag
  • Trulia User
    "Nice city to live, people are genuinely and kind. Stors and transportation available. Schools for kids "
    0
    Flag
  • Trulia User
    "Full of prostitution and drug sales , this area is not good area to live or raise a family cause is not safe "
    0
    Flag
  • Trulia User
    "Been here for 22 years. For me the only perk to living in a urban area such as this is cheap rent & bargain stores that’s it!"
    1
    Flag
  • Trulia User
    "Not a great neighborhood to raise children! Parks aren't used just for kids, but for crackheads and people that have nothing better to do. Too many homeless. Doesn't feel safe to walk around the neighborhood. "
    0
    Flag
  • Catherine A.
    "It’s peaceful and I enjoy bing in this area there are things hay could be better but over all it’s a nice neighborhood can’t complain at all . "
    1
    Flag
  • Rakia C.
    "it’s a nice place to grow up especially when you know a lot of people it sorta becomes your other family & some of the parks are really nice"
    2
    Flag
  • Bryanorlandoelias
    "It’s safe for kids if you limit them to not going outside after dark. It’s south central what do you expect "
    3
    Flag

LGBTQ Local Legal Protections

Justin Yee, eXp Realty of Southern California, Inc
Agent Phone: (949) 533-1572
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST 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. Properties may or may not be listed by the office/agent presenting the information
879 E 40th Pl, Los Angeles, CA 90011 is a 11 bedroom, 5 bathroom, 4,334 sqft multi-family built in 2006. 879 E 40th Pl is located in Southeast Los Angeles, Los Angeles. This property is currently available for sale and was listed by CRMLS on Mar 16, 2026. The MLS # for this home is MLS# OC26056394.