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736 E 40th Pl, Los Angeles, CA 90011

Sale Price: $550,000
Jan 13, 2025914 sqft2 beds1 baths
Listed by: ERIK RUIZ
License #: 01916546
Phone #: 323-722-7300
CENTURY 21 REALTY MASTERS
Source:
CRMLS Logo
MLS #: MB25007369

Property Description

Welcome to one of the best neighborhoods in Los Angeles!! Located just 1.4 miles from Exposition park, and the University of Southern California. Nearby neighborhoods include West Adams Historic District, Baldwin hills, Crenshaw, Jefferson park, Leimert park, Arlington heights, Harvard heights, and Mid-City. Exposition park is currently undergoing a New $1 Billion George Lucas Museum and entertainment complex. This home features 2 sizable bedrooms and 1 bath with a central A/C and heating system. The owner completed many upgrades three years ago which cover tiled flooring throughout, new (solid wood) kitchen cabinets with granite counters, and fixtures. New ABS plumbing, paint, drywalls, cement, and partial copper plumbing. New wrought iron fence with automatic entry. The landscape is very low maintenance and has 3 avocado trees, 2 lemon trees, 2 papaya trees, 1 orange tree, 1 mandarin tree, and 1 pomegranate tree. Zoning is LARD2 with the potential to build more units. Buyer to verify. This area provides 153 restaurants and 47 grocery stores. It is conveniently located by all major freeways 110, 105,405, 91, 10, 60, and 710 fwy.
Assignment
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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

$7,590

TurboHome Estimated Value

$527,500

$577 sqft

High Valuation
$553,875
$606/sqft
Normal Valuation
$527,500
$577/sqft
Low Valuation
$501,125
$548/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$577/sqft$527,500

Neighborhood: Southeast Los Angeles

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Comparative Value

$435K

$450K

$540K

$549K

$560K

1009 E 43rd St, Los Angeles, CA 90011

Sale Price: $435,000

Selected Comparable

1007 E 42nd Pl, Los Angeles, CA 90011

Sale Price: $450,000

Selected Comparable

791 E 41st St, Los Angeles, CA 90011

Sale Price: $540,000

Selected Comparable

736 E 40th Pl, Los Angeles, CA 90011

List Price: $549,000

Subject Property

736 E 40th Pl, Los Angeles, CA 90011

Sale Price: $550,000

Selected Comparable

173 W 40th Pl, Los Angeles, CA 90037

Sale Price: $560,000

Selected Comparable

Neighborhood Comps

Subject Property

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

736 E 40th Pl, Los Angeles, CA 90011

List: $549,000

Listed: 1/13/2025

Area:914 sqft
Price/sqft:$601
Beds:2
Baths:1
Year Built:
Lot Size:5,120

Comparable Properties

COMPARABLE
Choose comps
791 E 41st St, Los Angeles, CA 90011

791 E 41st St, Los Angeles, CA 90011

Sale: $540,000

5/5/20250.07 mi

Area:942 sqft
Price/sqft:$573
Beds:2
Baths:1
Year Built:
Weight:22.3%
736 E 40th Pl, Los Angeles, CA 90011

736 E 40th Pl, Los Angeles, CA 90011

Sale: $550,000

2/28/20250.00 mi

Area:914 sqft
Price/sqft:$602
Beds:2
Baths:1
Year Built:
Weight:22.2%
1007 E 42nd Pl, Los Angeles, CA 90011

1007 E 42nd Pl, Los Angeles, CA 90011

Sale: $450,000

4/4/20250.35 mi

Area:888 sqft
Price/sqft:$507
Beds:2
Baths:1
Year Built:
Weight:21.1%
1009 E 43rd St, Los Angeles, CA 90011

1009 E 43rd St, Los Angeles, CA 90011

Sale: $435,000

3/21/20250.39 mi

Area:1,014 sqft
Price/sqft:$429
Beds:2
Baths:1
Year Built:
Weight:19.9%
173 W 40th Pl, Los Angeles, CA 90037

173 W 40th Pl, Los Angeles, CA 90037

Sale: $560,000

12/23/20240.74 mi

Area:1,036 sqft
Price/sqft:$541
Beds:3
Baths:1
Year Built:
Weight:14.5%

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