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418 E 40th Pl, Los Angeles, CA 90011

List Price: $549,000On Market FlagOn market
Jun 24, 20251,932 sqft4 beds1 baths
Listed by: Jeffrey Milner
License #: 00860562
Phone #: 909-860-4521
Coldwell Banker Tri-Counties R
Source:
CRMLS Logo
MLS #: TR25141311

Property Description

GREAT VALUE PROBATE COURT LOWERED THE APPRAISAL PRICE! Probate Sale-Investor opportunity or first-time home buyer fixer opportunity, make this home into something special! 4 bedrooms and 1 bathroom. This home has plenty of room for big family living and a large lot 7,080 sq. ft. for entertainment or maybe an ADU (buyer to verify), zoning is RD2-1. This home is in a convenience location close to downtown L.A. and easy access to the 10 and 110 freeways. Don't let this opportunity pass you by probate is easier than you think, let me help you! Call me today!
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

$11,772

TurboHome Estimated Value

$666,900

$345 sqft

High Valuation
$700,245
$362/sqft
Normal Valuation
$666,900
$345/sqft
Low Valuation
$633,555
$328/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$345/sqft$666,900

Neighborhood: Southeast Los Angeles

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Comparative Value

$549K

$600K

$664K

$720K

$790K

418 E 40th Pl, Los Angeles, CA 90011

List Price: $549,000

Subject Property

1139 E 55th St, Los Angeles, CA 90011

Sale Price: $600,000

Selected Comparable

1327 E 56th St, Los Angeles, CA 90011

Sale Price: $610,000

Selected Comparable

5506 Compton Ave, Los Angeles, CA 90011

Sale Price: $663,500

Selected Comparable

4418 Mettler St, Los Angeles, CA 90011

Sale Price: $720,000

Selected Comparable

1243 E 53rd St, Los Angeles, CA 90011

Sale Price: $790,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
418 E 40th Pl, Los Angeles, CA 90011

418 E 40th Pl, Los Angeles, CA 90011

List: $549,000

Listed: 6/24/2025

Area:1,932 sqft
Price/sqft:$284
Beds:4
Baths:1
Year Built:
Lot Size:7,082

Comparable Properties

COMPARABLE
Choose comps
1139 E 55th St, Los Angeles, CA 90011

1139 E 55th St, Los Angeles, CA 90011

Sale: $600,000

8/15/20251.35 mi

Area:1,720 sqft
Price/sqft:$349
Beds:4
Baths:2
Year Built:
Weight:22.4%
1243 E 53rd St, Los Angeles, CA 90011

1243 E 53rd St, Los Angeles, CA 90011

Sale: $790,000

5/30/20251.32 mi

Area:1,636 sqft
Price/sqft:$483
Beds:4
Baths:2
Year Built:
Weight:20.6%
4418 Mettler St, Los Angeles, CA 90011

4418 Mettler St, Los Angeles, CA 90011

Sale: $720,000

10/11/20240.46 mi

Area:1,634 sqft
Price/sqft:$441
Beds:4
Baths:
Year Built:
Weight:20.3%
5506 Compton Ave, Los Angeles, CA 90011

5506 Compton Ave, Los Angeles, CA 90011

Sale: $663,500

4/4/20251.67 mi

Area:1,554 sqft
Price/sqft:$427
Beds:4
Baths:2
Year Built:
Weight:18.8%
1327 E 56th St, Los Angeles, CA 90011

1327 E 56th St, Los Angeles, CA 90011

Sale: $610,000

3/13/20251.53 mi

Area:1,491 sqft
Price/sqft:$409
Beds:4
Baths:2
Year Built:
Weight:17.9%

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2

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3

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