1209 W 40th Place Los Angeles, CA 90037
Vermont Square Neighborhood
4
Beds
2
Baths
1,944
Sq Ft
2,497
Sq Ft Lot
Highlights
- No HOA
- Laundry Room
- Wall Furnace
- 2 Car Attached Garage
About This Home
As of June 2025Location! Location! Location! Great opportunity to own this two-story duplex located in the heart of Los Angeles! Live in one unit and use the other unit as a rental property; or rent out both units to achieve a favorable cap rate. Both units are identical; which features 2 bedrooms and 1 bath in each unit, a combined living space of approximately 1,944 sq. ft, separate one-car garages, and separate laundry hook ups in each unit. There is a shared backyard that is perfect for entertaining. The property's highly desirable location is one of its major highlights -- less than a mile away from the infamous LA Memorial Coliseum and the University of Southern California, and close proximity to LAX, Downtown LA, Banc of California Stadium, major freeways, public transportation, parks, schools, and shopping.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,268
Year Built
- Built in 1924
Lot Details
- 2,497 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 2 Car Attached Garage
- Parking Available
- Front Facing Garage
- Single Garage Door
Home Design
- Duplex
Interior Spaces
- 1,944 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Additional Features
- Suburban Location
- Wall Furnace
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Legal Lot and Block 5 / K
- Tax Tract Number 2
- Assessor Parcel Number 5020016005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 7, 2025
Closed on
Jun 24, 2025
Sold by
Matthews Tanisha
Bought by
Ankle & Foot Care Center Inc
Seller's Agent
Brenda Sanchez
Pellego, Inc.
Buyer's Agent
Miguel Belmonte
Century 21 Allstars
List Price
$730,000
Sold Price
$825,000
Premium/Discount to List
$95,000
13.01%
Views
32
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-58.53%
Purchase Details
Listed on
Aug 29, 2022
Closed on
Mar 3, 2023
Sold by
Orjaleza Dominader T
Bought by
Matthews Tanisha
Seller's Agent
DESMONDE MEAS
MEAS REALTY
Buyer's Agent
Kenneth Palma
Palma Investments
List Price
$750,000
Sold Price
$655,000
Premium/Discount to List
-$95,000
-12.67%
Views
53
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$643,136
Interest Rate
6.13%
Mortgage Type
FHA
Purchase Details
Listed on
Jun 23, 2016
Closed on
Jul 21, 2016
Sold by
Mingo Lester
Bought by
Orjaliza Roque T and Orjaleza Dominador T
Seller's Agent
GUSTAVO BANUELOS
GBCASAS-REAL ESTATE EXPERTS
Buyer's Agent
Nevin Napod
Nevin Buena Napod, Broker
List Price
$386,000
Sold Price
$380,000
Premium/Discount to List
-$6,000
-1.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
Original Mortgage
$373,117
Interest Rate
3.37%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 10, 2000
Sold by
Austin Dwayne
Bought by
1209 W 40Th Place Trust
Purchase Details
Closed on
Aug 11, 1997
Sold by
Moody Leonard
Bought by
Austin Dwayne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,032
Interest Rate
4.95%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $825,000 | Lawyers Title | |
| Grant Deed | $655,000 | Endpoint Title | |
| Grant Deed | $380,000 | None Available | |
| Grant Deed | -- | -- | |
| Grant Deed | $168,000 | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $643,136 | FHA | |
| Previous Owner | $373,117 | FHA | |
| Previous Owner | $376,969 | New Conventional | |
| Previous Owner | $370,000 | Unknown | |
| Previous Owner | $360,000 | Unknown | |
| Previous Owner | $195,000 | Unknown | |
| Previous Owner | $151,032 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | For Rent | $2,350 | 0.0% | -- |
| 06/26/2025 06/26/25 | Sold | $825,000 | +13.0% | $424 / Sq Ft |
| 06/18/2025 06/18/25 | Pending | -- | -- | -- |
| 06/07/2025 06/07/25 | For Sale | $730,000 | 0.0% | $376 / Sq Ft |
| 09/04/2024 09/04/24 | For Rent | $1,899 | 0.0% | -- |
| 03/08/2023 03/08/23 | Sold | $655,000 | +4.0% | $337 / Sq Ft |
| 02/06/2023 02/06/23 | Pending | -- | -- | -- |
| 01/28/2023 01/28/23 | Price Changed | $629,999 | -3.1% | $324 / Sq Ft |
| 10/27/2022 10/27/22 | Price Changed | $649,999 | -7.1% | $334 / Sq Ft |
| 09/20/2022 09/20/22 | Price Changed | $699,999 | -6.7% | $360 / Sq Ft |
| 08/29/2022 08/29/22 | For Sale | $750,000 | +97.4% | $386 / Sq Ft |
| 09/01/2016 09/01/16 | Sold | $380,000 | -1.6% | $195 / Sq Ft |
| 07/21/2016 07/21/16 | Pending | -- | -- | -- |
| 05/19/2016 05/19/16 | For Sale | $386,000 | -- | $199 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,268 | $668,100 | $408,000 | $260,100 |
| 2023 | $6,492 | $519,939 | $348,708 | $171,231 |
| 2022 | $6,196 | $509,745 | $341,871 | $167,874 |
| 2021 | $6,110 | $499,751 | $335,168 | $164,583 |
| 2019 | $4,877 | $395,352 | $228,888 | $166,464 |
| 2018 | $4,834 | $387,600 | $224,400 | $163,200 |
| 2016 | $2,772 | $218,377 | $124,789 | $93,588 |
| 2015 | $2,733 | $215,098 | $122,915 | $92,183 |
| 2014 | $2,756 | $210,886 | $120,508 | $90,378 |
Source: Public Records
Agents Affiliated with this Home
-
Brenda Sanchez
B
Seller's Agent in 2025
Brenda Sanchez
Pellego, Inc.
(213) 674-2851
1 in this area
14 Total Sales
-
Louie Corona
L
Seller's Agent in 2025
Louie Corona
AMERICAN FREEDOM REALTY
(626) 347-0696
15 Total Sales
-
Miguel Belmonte
M
Buyer's Agent in 2025
Miguel Belmonte
Century 21 Allstars
(562) 862-7373
1 in this area
40 Total Sales
-
DESMONDE MEAS
D
Seller's Agent in 2023
DESMONDE MEAS
MEAS REALTY
(562) 688-3296
1 in this area
2 Total Sales
-
Kenneth Palma
K
Buyer's Agent in 2023
Kenneth Palma
Palma Investments
(775) 257-9955
1 in this area
111 Total Sales
-
G
Seller's Agent in 2016
GUSTAVO BANUELOS
GBCASAS-REAL ESTATE EXPERTS
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV22180403
APN: 5020-016-005
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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