$1,150,000

232 W 40th Place, Los Angeles, CA 90037

7 beds |
4 baths |
2,060 sqft

Duplex
Built in 1916
6,530sqft lot
—— car garage
$558/sqft
Listed 17 days ago

Property Description

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.

Listing Status:: Active
Date Added:: September 5, 2026
Data Last Updated:: September 22, 2026 at 8:16PM
Listing Office:: Real Broker : 855-450-0442
Listing Agent:: Jonathan Calderon : 562-243-3802
Contact:: 562-243-3802
MLS ID:: DW26188219

General: Ceramic CountersAll Bedrooms Down
Laundry: Gas Dryer Hookup
A/C: Central Air
Fireplace: None

Pool: None
Parking: Parking spaces: 0

General: 1

HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
School District: Los Angeles Unified
County: Los Angeles

Zoning: 5111022008
View: NeighborhoodView

Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM

This listing courtesy of Jonathan Calderon , Real Broker

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.