232 W 40th Pl, Los Angeles, CA 90037 - View 1
232 W 40th Pl, Los Angeles, CA 90037 - View 2
232 W 40th Pl, Los Angeles, CA 90037 - View 3
232 W 40th Pl, Los Angeles, CA 90037 - View 4
232 W 40th Pl, Los Angeles, CA 90037 - View 5
232 W 40th Pl, Los Angeles, CA 90037 - View 6
232 W 40th Pl, Los Angeles, CA 90037 - View 7
232 W 40th Pl, Los Angeles, CA 90037 - View 8
232 W 40th Pl, Los Angeles, CA 90037 - View 9
232 W 40th Pl, Los Angeles, CA 90037 - View 10
232 W 40th Pl, Los Angeles, CA 90037 - View 11
232 W 40th Pl, Los Angeles, CA 90037 - View 12
232 W 40th Pl, Los Angeles, CA 90037 - View 13
232 W 40th Pl, Los Angeles, CA 90037 - View 14
232 W 40th Pl, Los Angeles, CA 90037 - View 15
232 W 40th Pl, Los Angeles, CA 90037 - View 16
232 W 40th Pl, Los Angeles, CA 90037 - View 17
232 W 40th Pl, Los Angeles, CA 90037 - View 18
232 W 40th Pl, Los Angeles, CA 90037 - View 19
232 W 40th Pl, Los Angeles, CA 90037 - View 20
232 W 40th Pl, Los Angeles, CA 90037 - View 21
232 W 40th Pl, Los Angeles, CA 90037 - View 22
232 W 40th Pl, Los Angeles, CA 90037 - View 23
232 W 40th Pl, Los Angeles, CA 90037 - View 24
232 W 40th Pl, Los Angeles, CA 90037 - View 25
232 W 40th Pl, Los Angeles, CA 90037 - View 26
232 W 40th Pl, Los Angeles, CA 90037 - View 27
232 W 40th Pl, Los Angeles, CA 90037 - View 28
232 W 40th Pl, Los Angeles, CA 90037 - View 29
232 W 40th Pl, Los Angeles, CA 90037 - View 30
232 W 40th Pl, Los Angeles, CA 90037 - View 31
232 W 40th Pl, Los Angeles, CA 90037 - View 32
232 W 40th Pl, Los Angeles, CA 90037 - View 33
232 W 40th Pl, Los Angeles, CA 90037 - View 34
232 W 40th Pl, Los Angeles, CA 90037 - View 35
232 W 40th Pl, Los Angeles, CA 90037 - View 36
232 W 40th Pl, Los Angeles, CA 90037 - View 37
232 W 40th Pl, Los Angeles, CA 90037 - View 38
232 W 40th Pl, Los Angeles, CA 90037 - View 39
232 W 40th Pl, Los Angeles, CA 90037 - View 40
232 W 40th Pl, Los Angeles, CA 90037 - View 41
232 W 40th Pl, Los Angeles, CA 90037 - View 42
232 W 40th Pl, Los Angeles, CA 90037 - View 43
232 W 40th Pl, Los Angeles, CA 90037 - View 44
232 W 40th Pl, Los Angeles, CA 90037 - View 45
232 W 40th Pl, Los Angeles, CA 90037 - View 46
232 W 40th Pl, Los Angeles, CA 90037 - View 47
232 W 40th Pl, Los Angeles, CA 90037 - View 48
232 W 40th Pl, Los Angeles, CA 90037 - View 49
232 W 40th Pl, Los Angeles, CA 90037 - View 50
232 W 40th Pl, Los Angeles, CA 90037 - View 51
232 W 40th Pl, Los Angeles, CA 90037 - View 52
232 W 40th Pl, Los Angeles, CA 90037 - View 53
232 W 40th Pl, Los Angeles, CA 90037 - View 54
232 W 40th Pl, Los Angeles, CA 90037 - View 55
232 W 40th Pl, Los Angeles, CA 90037 - View 56
232 W 40th Pl, Los Angeles, CA 90037 - View 57
232 W 40th Pl, Los Angeles, CA 90037 - View 58
232 W 40th Pl, Los Angeles, CA 90037 - View 59
232 W 40th Pl, Los Angeles, CA 90037 - View 60

232 W 40th Pl, Los Angeles, CA 90037

Sale Price: $1,000,000
May 6, 20242,407 sqft8 beds4 baths
Listed by: Jonathan Calderon
License #: 01982607
Phone #: 562-243-3802
Pillar Realty
Source:
CRMLS Logo
MLS #: DW24084969

Property Description

This motivated seller is willing to help buyers with closing costs. The property can be both a place for you to live and enjoy AND an produce rental income to help you make the mortgage payment!! This gem has TONS to offer! This stunning property boasts an impressive 8 bedrooms and 4 bathrooms in total, providing lots of space for your family, loved ones, and guests. As you step inside, you'll immediately notice the open floor plan and extra loft / bonus flex space (currently staged as a room), perfect for creating personalized areas for work, play, or relaxation. The HUGE front house has 4 beds, 2 baths, a formal dining and living area, and LARGE size rooms! The second unit hosts an additional 3 beds, and 1 baths with kitchenettes, ensuring both style and functionality for years to come. AND the converted garage has an additional bed, bath, and kitchenette. Both units and garage underwent major facelifts. Parking will never be an issue with ample spaces available, making hosting gatherings and accommodating multiple vehicles a breeze. Conveniently located near major highways, this property is ideal for commuters looking for easy access to all parts of the city. Plus, its proximity to USC, sports stadiums, shopping centers, and restaurants ensures you'll always be just moments away from entertainment and amenities. AND the perks don't stop there! This garage conversion also comes with approved permits for an ADU (Accessory Dwelling Unit), providing additional rental income potential. PLANS THAT ARE APPROVED BY THE CITY OF LOS ANGELES AND CLEARED BY THE DEPARTMENT OF WATER AND POWER ARE SOLD WITH THE PROPERTY. OR keep that property as is and start getting rental income NOW! Tons of options are available with this property. Don't miss out on the opportunity to make this incredible property your own!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$11,919

TurboHome Estimated Value

$1,009,800

$420 sqft

High Valuation
$1,060,290
$441/sqft
Normal Valuation
$1,009,800
$420/sqft
Low Valuation
$959,310
$399/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$420/sqft$1,009,800

Neighborhood: Southeast Los Angeles

Loading map...

Comparative Value

$739K

$1.00M

$1.22M

$1.30M

219 E 76th St, Los Angeles, CA 90003

Sale Price: $739,000

Selected Comparable

1132 E 51st St, Los Angeles, CA 90011

Sale Price: $750,000

Selected Comparable

232 W 40th Pl, Los Angeles, CA 90037

Sale Price: $1,000,000

Selected Comparable

1124 W 42nd St, Los Angeles, CA 90037

Sale Price: $1,025,000

Selected Comparable

232 W 40th Pl, Los Angeles, CA 90037

List Price: $1,224,995

Subject Property

438 E 56th St, Los Angeles, CA 90011

Sale Price: $1,300,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
232 W 40th Pl, Los Angeles, CA 90037

232 W 40th Pl, Los Angeles, CA 90037

List: $1,224,995

Listed: 5/6/2024

Area:2,407 sqft
Price/sqft:$509
Beds:8
Baths:4
Year Built:
Lot Size:6,529

Comparable Properties

COMPARABLE
Choose comps
232 W 40th Pl, Los Angeles, CA 90037

232 W 40th Pl, Los Angeles, CA 90037

Sale: $1,000,000

8/26/20240.00 mi

Area:2,407 sqft
Price/sqft:$415
Beds:8
Baths:4
Year Built:
Weight:25.5%
1132 E 51st St, Los Angeles, CA 90011

1132 E 51st St, Los Angeles, CA 90011

Sale: $750,000

4/10/20251.51 mi

Area:2,244 sqft
Price/sqft:$334
Beds:8
Baths:4
Year Built:
Weight:22.9%
1124 W 42nd St, Los Angeles, CA 90037

1124 W 42nd St, Los Angeles, CA 90037

Sale: $1,025,000

4/4/20251.03 mi

Area:3,406 sqft
Price/sqft:$301
Beds:8
Baths:4
Year Built:
Weight:18.9%
438 E 56th St, Los Angeles, CA 90011

438 E 56th St, Los Angeles, CA 90011

Sale: $1,300,000

1/17/20251.42 mi

Area:2,219 sqft
Price/sqft:$586
Beds:7
Baths:4
Year Built:
Weight:17.8%
219 E 76th St, Los Angeles, CA 90003

219 E 76th St, Los Angeles, CA 90003

Sale: $739,000

3/18/20252.66 mi

Area:2,264 sqft
Price/sqft:$326
Beds:7
Baths:3
Year Built:
Weight:14.9%

How it Works

1

Meet your local TurboHome agent

We match you with an in-house licensed real estate agent who knows your market
2

We support your home-selling journey

Everything you'd expect your agent to do: pricing, listing, photos, staging, open houses, and negotiating
3

You get big savings

You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
Two iPhones. One with a TurboHome screen that contains a profile photo and 'Meet Kevin' heading. The other with a TurboHome IQ screen with an example Disclosure Summary.
The Mercury News
CBS News
Business Insider
Orange County Register
Silicon Valley
East Bay Times