
1940 S La Salle Ave Los Angeles, CA 90018
Harvard Heights NeighborhoodEstimated payment $11,711/month
About This Home
Live in a fully remodeled 3 bedroom, 1 bathroom house and use the fully remodeled 3 apartment units to help pay your mortgage. Property includes 1942 and 19421/2 S. La Salle which are 2 bedroom, 1 bathroom apartments sitting above large, 2 car garages with ample storage. All units have new flooring, new kitchens and bathrooms, marble counters, and extensive upgrades throughout. Newer roof and water heaters. All plumbing and electrical up to current code. Main house has a great mix of historic charm and modern aesthetic and some basement storage area. Upstairs is a fully remodeled 3 bedroom 1 bathroom apartment that is very spacious. Located conveniently close to both downtown and USC, on the edge of Korea town this is a great opportunity for multigenerational households and those seeking to have rental income help offset their housing costs.
Listing Agent
Berkshire Hathaway Homeservice License #02115008 Listed on: 05/07/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,338
Year Built
- Built in 1939
Lot Details
- 7,499 Sq Ft Lot
Interior Spaces
- 3,681 Sq Ft Home
- 2-Story Property
Parking
- 8 Car Garage
- Uncovered Parking
Listing and Financial Details
- Assessor Parcel Number 5074028002
Community Details
Overview
- 4 Units
- West Adams Heights Tract Subdivision
Building Details
- Gross Income $1
- Net Operating Income $1
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 |
---|---|---|---|---|
2024 | $4,338 | $311,963 | $206,708 | $105,255 |
2023 | $4,268 | $305,847 | $202,655 | $103,192 |
2022 | $4,091 | $299,851 | $198,682 | $101,169 |
2021 | $4,020 | $293,973 | $194,787 | $99,186 |
2020 | $4,053 | $290,959 | $192,790 | $98,169 |
2019 | $3,911 | $285,255 | $189,010 | $96,245 |
2018 | $3,754 | $279,662 | $185,304 | $94,358 |
2016 | $3,558 | $268,804 | $178,109 | $90,695 |
2015 | $3,511 | $264,767 | $175,434 | $89,333 |
2014 | $3,551 | $259,582 | $171,998 | $87,584 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/18/2025 07/18/25 | Price Changed | $1,899,000 | -7.3% | $516 / Sq Ft |
05/02/2025 05/02/25 | For Sale | $2,049,000 | +89.7% | $557 / Sq Ft |
08/20/2024 08/20/24 | Sold | $1,080,000 | -13.6% | $293 / Sq Ft |
08/18/2024 08/18/24 | Pending | -- | -- | -- |
05/05/2024 05/05/24 | For Sale | $1,250,000 | -- | $340 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $1,080,000 | Fidelity National Title | |
Interfamily Deed Transfer | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $0 | Construction | |
Open | $380,000 | New Conventional | |
Open | $1,320,931 | Construction | |
Previous Owner | $181,280 | Commercial | |
Previous Owner | $181,500 | Commercial |
Similar Homes in the area
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202505198

APN: 5074-028-002
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