1291 E 40th Place Los Angeles, CA 90011
Central Alameda NeighborhoodEstimated payment $6,726/month
Highlights
- Wood Flooring
- Neighborhood Views
- Park
- No HOA
- Ductless Heating Or Cooling System
- Laundry Room
About This Home
Excellent opportunity to live in one house and collect rents in the three other units. Single family home with 3 bedrooms, one unit is a 2 bedroom, one unit is a single and one unit is a 1 bedroom. Great income producing units.
Listing Agent
Re/Max College Park Realty Brokerage Phone: 562-824-8444 License #01353125 Listed on: 11/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,110
Year Built
- Built in 1906
Lot Details
- 5,191 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Block Wall Fence
- Density is up to 1 Unit/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
- Composition Roof
Interior Spaces
- 2,445 Sq Ft Home
- 1-Story Property
- Neighborhood Views
- Laundry Room
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Utilities
- Ductless Heating Or Cooling System
- Floor Furnace
- Wall Furnace
Listing and Financial Details
- Tax Lot 16
- Tax Tract Number 455
- Assessor Parcel Number 5114032016
- $396 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 4 Units
Recreation
- Park
Building Details
- 2 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
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 | $8,110 | $655,825 | $488,155 | $167,670 |
| 2024 | $8,110 | $642,967 | $478,584 | $164,383 |
| 2023 | $7,957 | $630,360 | $469,200 | $161,160 |
| 2022 | $5,514 | $439,601 | $321,660 | $117,941 |
| 2021 | $5,442 | $430,982 | $315,353 | $115,629 |
| 2020 | $5,493 | $426,564 | $312,120 | $114,444 |
| 2019 | $5,285 | $418,200 | $306,000 | $112,200 |
| 2018 | $665 | $39,372 | $17,854 | $21,518 |
| 2016 | $616 | $37,845 | $17,161 | $20,684 |
| 2015 | $609 | $37,278 | $16,904 | $20,374 |
| 2014 | $631 | $36,548 | $16,573 | $19,975 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/07/2025 11/07/25 | For Sale | $1,150,000 | +180.5% | $470 / Sq Ft | |
| 06/18/2018 06/18/18 | Sold | $410,000 | +6.5% | $235 / Sq Ft | View Prior Sale |
| 07/06/2017 07/06/17 | For Sale | $385,000 | 0.0% | $221 / Sq Ft | |
| 05/17/2017 05/17/17 | Pending | -- | -- | -- | |
| 03/01/2017 03/01/17 | For Sale | $385,000 | -- | $221 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | Progressive Title | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Grant Deed | $410,000 | Pacific Coast Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $432,000 | New Conventional | |
| Previous Owner | $374,500 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS25255624
APN: 5114-032-016
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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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