1220 E 40th Place, Los Angeles, CA 90011

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1220 E 40th Place,Los Angeles, CA 90011
$599,000
  • 2 Beds
  • 1 Baths
  • 1,080 sq. ft.
  • Single family
  • Active
Listed by: katrina matthews
Office: keller williams realty
MLS#:SB26036667
Source:San Diego MLS via CRMLS

Price summary

  • Price:$599,000
  • Price per sq. ft.:$554.63

About this home

Investor / Developer Opportunity Los Angeles R-2 Property features a front single-family residence and a detached two-story rear structure (1520 Sqft) in severely deteriorated condition. The rear building will likely require removal or major rehabilitation. Property is being sold **strictly as-is**. Seller will make no repairs and provide no credits. Zoned R-2 this is not just single-family zoning. The zoning allows low-density multi-unit residential development potential (buyer to verify with the City of Los Angeles). Ideal for redevelopment, value-add, ADU configuration, or multi-unit investment strategy. Buyer to verify all permits and Zoning information. The interior offers a flexible floor plan with multiple enclosed rooms, creating a layout you can do a lot with depending on your needs. While tax records show 2 bedrooms, the property currently features several additional rooms with windows and exterior access (buyer to verify legality, permits, and use). The kitchen and

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Home facts

  • Year built:1904
  • Listing ID #:SB26036667
  • Added:3 day(s) ago
  • Updated:February 24, 2026 at 09:36 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,080 sq. ft.

Heating and cooling

  • Heating:Wall/Gravity

Structure and exterior

  • Year built:1904
  • Building area:1,080 sq. ft.

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$599,000
  • Price per sq. ft.:$554.63
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