173 W 40th Pl, Los Angeles, CA 90037 - View 1
173 W 40th Pl, Los Angeles, CA 90037 - View 2
173 W 40th Pl, Los Angeles, CA 90037 - View 3

173 W 40th Pl, Los Angeles, CA 90037

Sale Price: $560,000
Nov 20, 20241,036 sqft3 beds1 baths
Listed by: Carol Spears
License #: 01496857
Phone #: 310-541-8000
West Shores Realty, Inc.
Source:
CRMLS Logo
MLS #: SB24237904

Property Description

Here Is An Exceptional Investment Opportunity!!! Unlock the potential of this 3-bedroom home nestled in the heart of Los Angeles. Situated on a generous LARD2 lot just under 6,000 sqft., this property offers immense opportunities for expansion, redevelopment, or to create a dream oasis. This lot can possibly fit not one but two ADU’s. Conveniently located just minutes from BMO Stadium, L.A. Coliseum, USC, DTLA, Exposition park, and with easy access to public transportation and the 110Fwy. This property is perfectly positioned for both lifestyle or investment purposes. This property is ready for your creative touch. Whether you're looking to build, expand, or renovate, the possibilities are endless. Don’t miss this chance to bring your vision to life.
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

$8,847

TurboHome Estimated Value

$534,400

$516 sqft

High Valuation
$561,120
$542/sqft
Normal Valuation
$534,400
$516/sqft
Low Valuation
$507,680
$490/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$516/sqft$534,400

Neighborhood: Southeast Los Angeles

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Comparative Value

$435K

$479K

$560K

$575K

$659K

1009 E 43rd St, Los Angeles, CA 90011

Sale Price: $435,000

Selected Comparable

173 W 40th Pl, Los Angeles, CA 90037

List Price: $479,000

Subject Property

173 W 40th Pl, Los Angeles, CA 90037

Sale Price: $560,000

Selected Comparable

241 E 43rd Pl, Los Angeles, CA 90011

Sale Price: $575,000

Selected Comparable

4721 Wall St, Los Angeles, CA 90011

Sale Price: $580,000

Selected Comparable

155 W 45th St, Los Angeles, CA 90037

Sale Price: $659,340

Selected Comparable

Neighborhood Comps

Subject Property

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

173 W 40th Pl, Los Angeles, CA 90037

List: $479,000

Listed: 11/20/2024

Area:1,036 sqft
Price/sqft:$462
Beds:3
Baths:1
Year Built:
Lot Size:5,988

Comparable Properties

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

173 W 40th Pl, Los Angeles, CA 90037

Sale: $560,000

12/23/20240.00 mi

Area:1,036 sqft
Price/sqft:$541
Beds:3
Baths:1
Year Built:
Weight:24.2%
241 E 43rd Pl, Los Angeles, CA 90011

241 E 43rd Pl, Los Angeles, CA 90011

Sale: $575,000

12/17/20240.48 mi

Area:1,160 sqft
Price/sqft:$496
Beds:3
Baths:1
Year Built:
Weight:20.9%
4721 Wall St, Los Angeles, CA 90011

4721 Wall St, Los Angeles, CA 90011

Sale: $580,000

12/13/20240.72 mi

Area:1,268 sqft
Price/sqft:$457
Beds:3
Baths:1
Year Built:
Weight:18.6%
155 W 45th St, Los Angeles, CA 90037

155 W 45th St, Los Angeles, CA 90037

Sale: $659,340

5/13/20250.50 mi

Area:1,464 sqft
Price/sqft:$450
Beds:3
Baths:1
Year Built:
Weight:18.5%
1009 E 43rd St, Los Angeles, CA 90011

1009 E 43rd St, Los Angeles, CA 90011

Sale: $435,000

3/21/20251.06 mi

Area:1,014 sqft
Price/sqft:$429
Beds:2
Baths:1
Year Built:
Weight:17.9%

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2

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