Seller's Agent in 2025
ERIK RUIZ
CENTURY 21 REALTY MASTERS
(323) 722-7300
3 in this area
46 Total Sales
736 E 40th Place Los Angeles, CA 90011
Historic South Central Neighborhood
2
Beds
1
Bath
914
Sq Ft
5,120
Sq Ft Lot
Highlights
- Custom Home
- Bonus Room
- Private Yard
- Wood Flooring
- Quartz Countertops
- No HOA
About This Home
As of February 2025Welcome to one of the best neighborhoods in Los Angeles!! Located just 1.4 miles from Exposition park, and the University of Southern California. Nearby neighborhoods include West Adams Historic District, Baldwin hills, Crenshaw, Jefferson park, Leimert park, Arlington heights, Harvard heights, and Mid-City. Exposition park is currently undergoing a New $1 Billion George Lucas Museum and entertainment complex. This home features 2 sizable bedrooms and 1 bath with a central A/C and heating system. The owner completed many upgrades three years ago which cover tiled flooring throughout, new (solid wood) kitchen cabinets with granite counters, and fixtures. New ABS plumbing, paint, drywalls, cement, and partial copper plumbing. New wrought iron fence with automatic entry. The landscape is very low maintenance and has 3 avocado trees, 2 lemon trees, 2 papaya trees, 1 orange tree, 1 mandarin tree, and 1 pomegranate tree. Zoning is LARD2 with the potential to build more units. Buyer to verify. This area provides 153 restaurants and 47 grocery stores. It is conveniently located by all major freeways 110, 105,405, 91, 10, 60, and 710 fwy.
Last Agent to Sell the Property
CENTURY 21 REALTY MASTERS Brokerage Phone: 323-490-9434 License #01916546 Listed on: 01/13/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1911
Lot Details
- 5,120 Sq Ft Lot
- Wrought Iron Fence
- Wood Fence
- Chain Link Fence
- Fence is in fair condition
- Rectangular Lot
- Level Lot
- Private Yard
- Lawn
- Garden
- Back Yard
- Density is up to 1 Unit/Acre
- Property is zoned LARD2
Home Design
- Custom Home
- Cosmetic Repairs Needed
- Raised Foundation
- Fire Rated Drywall
- Shingle Roof
- Pre-Cast Concrete Construction
Interior Spaces
- 914 Sq Ft Home
- 1-Story Property
- Recessed Lighting
- Panel Doors
- Family Room
- Dining Room
- Den
- Bonus Room
- Game Room
Kitchen
- Range Hood
- Quartz Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Parking Available
- Private Parking
- Driveway
- Automatic Gate
- Paved Parking
- Parking Lot
- Off-Street Parking
Outdoor Features
- Patio
- Exterior Lighting
- Rain Gutters
Location
- Urban Location
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 18 / 7
- Assessor Parcel Number 5114007009
- $214 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
Recreation
- Park
- Dog Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 13, 2025
Closed on
Jan 31, 2025
Sold by
Leyva Miguel
Bought by
40Th Properties Llc
Seller's Agent
ERIK RUIZ
CENTURY 21 REALTY MASTERS
Buyer's Agent
Nicole LaBrucherie
West Shores Realty, Inc.
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,033
Avg. Annual Appreciation
13.83%
Original Mortgage
$467,500
Outstanding Balance
$463,596
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$150,437
Purchase Details
Listed on
May 4, 2018
Closed on
May 21, 2018
Sold by
Bell Joyce A
Bought by
Leyva Miguel
Seller's Agent
Chevy Harris
CENTURY 21 REALTY MASTERS
Buyer's Agent
ERIK RUIZ
CENTURY 21 REALTY MASTERS
List Price
$280,000
Sold Price
$337,000
Premium/Discount to List
$57,000
20.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$300,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 13, 2018
Sold by
Bell Joyce A
Bought by
Bell Joyce A and Joyce A Bell Family Trust
Purchase Details
Closed on
Dec 2, 2014
Sold by
Pierson Margaree M
Bought by
Pierson Margaree M and The Margaree M Pierson Family Living Tru
Purchase Details
Closed on
Oct 2, 2014
Sold by
Pierson Margaree M
Bought by
Pierson Margaree M
Purchase Details
Closed on
Sep 9, 2014
Sold by
Pierson Margaree M
Bought by
Pierson Margaree M
Purchase Details
Closed on
Mar 6, 2010
Sold by
Pierson Margaree M and The Margaree M Pierson Revocab
Bought by
Pierson Margaree M and The Margaree M Pierson Revocable Living
Purchase Details
Closed on
Oct 26, 2002
Sold by
Pierson Margaree M
Bought by
Pierson Margaree M and Margaree M Pierson Revocable Living Tr
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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 | $550,000 | Wfg National Title | |
| Grant Deed | $337,000 | Wfg National Title Company O | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $467,500 | New Conventional | |
| Previous Owner | $300,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/28/2025 02/28/25 | Sold | $550,000 | +0.2% | $602 / Sq Ft | |
| 01/29/2025 01/29/25 | Pending | -- | -- | -- | |
| 01/23/2025 01/23/25 | Price Changed | $549,000 | -4.5% | $601 / Sq Ft | |
| 01/13/2025 01/13/25 | For Sale | $575,000 | +70.6% | $629 / Sq Ft | |
| 06/05/2018 06/05/18 | Sold | $337,000 | +20.4% | $369 / Sq Ft | View Prior Sale |
| 05/21/2018 05/21/18 | Pending | -- | -- | -- | |
| 05/04/2018 05/04/18 | For Sale | $280,000 | -- | $306 / 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 |
|---|---|---|---|---|
| 2025 | $4,640 | $383,440 | $306,754 | $76,686 |
| 2024 | $4,640 | $375,923 | $300,740 | $75,183 |
| 2023 | $4,550 | $368,553 | $294,844 | $73,709 |
| 2022 | $4,338 | $361,327 | $289,063 | $72,264 |
| 2021 | $4,283 | $354,244 | $283,396 | $70,848 |
| 2019 | $4,153 | $343,740 | $274,992 | $68,748 |
| 2018 | $3,843 | $308,000 | $246,000 | $62,000 |
| 2016 | $312 | $21,287 | $12,197 | $9,090 |
| 2015 | $309 | $20,968 | $12,014 | $8,954 |
| 2014 | $318 | $20,558 | $11,779 | $8,779 |
Source: Public Records
Agents Affiliated with this Home
-
ERIK RUIZ
-
Nicole LaBrucherie
N
Buyer's Agent in 2025
Nicole LaBrucherie
West Shores Realty, Inc.
(310) 939-9300
1 in this area
4 Total Sales
-
C
Seller's Agent in 2018
Chevy Harris
CENTURY 21 REALTY MASTERS
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MB25007369
APN: 5114-007-009
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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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