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7 Beds
4 Baths
2,060 sqft

$1,150,000

232 W 40th Place, Los Angeles CA, 90037

Price per sqft$558.25
Built in1916
Property size2,060 sqft
Property typeMulti-family

Overview

Active

Listed Sep 18, 2026

Updated 2 weeks ago

LIVE IN ONE. RENT THE OTHER. CREATE EVEN MORE POSSIBILITIES. Welcome to 232 W 40th Pl, a rare Los Angeles opportunity offering the space, flexibility and income potential today's buyers are searching for! This permitted duplex delivers multiple living areas under one property, making it an excellent option for an owner-occupant, investor, large or multigenerational family looking to maximize the possibilities of their real estate. With approximately 2,407 sq. ft. of living space on a 6,529 sq. ft. lot, the property offers generous room to live, entertain and generate income. The flexible layout allows you to occupy one unit while renting the other, accommodate extended family, or build an investment strategy around multiple living spaces. And there's more — a bonus room/flex space creates even more possibilities. Think home office, gym, game room, creative studio, entertainment space or, subject to applicable approvals and requirements, explore its potential for additional rental income. Located minutes from USC, Downtown Los Angeles, major freeways, shopping, dining and some of LA's biggest sports and entertainment destinations, this is the type of property that gives buyers something increasingly difficult to find: OPTIONS. Whether you're looking for a place to call home, an investment property, or a combination of both, 232 W 40th Pl deserves to be seen in person. Don't just buy a home — buy a property that can work for you. Schedule your private showing today.

$7,651/mo

Est. mortgage payment based on a $1,150,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
DW26188219

Interior Features

Bedrooms
7
Bathrooms
4
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

View
Yes
55+/Senior Community
No

Listed by Jonathan Calderon, Real Broker, CA DRE 01982607

Listing Contact: 562-243-3802 

Based on information from the CRISNet MLS as of 9/19/2026, 6:16 AM UTC. 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. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

©2026 CRISNet MLS. All rights reserved. 

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