1220 E 40th Place Los Angeles, CA 90011
Central Alameda NeighborhoodEstimated payment $3,625/month
Highlights
- Bonus Room
- Neighborhood Views
- Recessed Lighting
- No HOA
- Two Homes on a Lot
- Laundry Room
About This Home
The front residence presents excellent curb appeal with a professionally manicured front lawn and welcoming exterior that sets the tone for a move-in ready home. Inside, the property features a beautifully remodeled kitchen and updated bathroom offering modern finishes and immediate functionality for an owner-occupant or investor. The interior offers a flexible floor plan with multiple enclosed rooms, creating a layout that can be adapted to a variety of needs. While tax records reflect 2 bedrooms, the home currently features several additional rooms with windows and exterior access (buyer to verify legality, permits, and use). Located directly across the street from the Historic Ralph Bunche residence, the property also offers strong long-term upside potential. The home has been owner-occupied and is tenant-free*, making it ready for immediate use.
In addition, the property includes a detached rear bonus structure with immense potential for an **ADU, studio, or creative workspace (buyer to verify possibilities).
Listing Agent
Keller Williams Realty Brokerage Phone: 2135843166 License #01810519 Listed on: 02/20/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1904
Lot Details
- 5,220 Sq Ft Lot
- Front Yard
Home Design
- Entry on the 1st floor
- Additions or Alterations
Interior Spaces
- 1,080 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Recessed Lighting
- Living Room with Fireplace
- Bonus Room
- Utility Room
- Laundry Room
- Neighborhood Views
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Parking
- Parking Available
- Driveway
Outdoor Features
- Exterior Lighting
- Outbuilding
Additional Features
- Two Homes on a Lot
- Wall Furnace
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 34
- Tax Tract Number 5711
- Assessor Parcel Number 5114035004
- $312 per year additional tax assessments
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $4,786 | $390,277 | $306,651 | $83,626 |
| 2024 | $4,786 | $382,626 | $300,639 | $81,987 |
| 2023 | $4,695 | $375,125 | $294,745 | $80,380 |
| 2022 | $4,479 | $367,770 | $288,966 | $78,804 |
| 2021 | $4,421 | $360,559 | $283,300 | $77,259 |
| 2019 | $4,289 | $349,867 | $274,899 | $74,968 |
| 2018 | $4,200 | $343,008 | $269,509 | $73,499 |
| 2016 | $3,808 | $313,000 | $246,000 | $67,000 |
| 2015 | $3,094 | $253,000 | $199,000 | $54,000 |
| 2014 | $3,170 | $253,000 | $199,000 | $54,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/20/2026 02/20/26 | For Sale | $599,000 | -- | $555 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Grant Deed | $183,000 | Stewart Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $146,400 | Stand Alone First | |
| Closed | $36,600 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26036667
APN: 5114-035-004
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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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Ask me questions while you tour the home.