Log In/Sign Up
Your email has been sent.
712 W 40th Pl 3 Unit Apartment Building Offered at $1,260,050 CAD at a 7.16% Cap Rate Los Angeles, CA 90037
Executive Summary
Prime income-producing opportunity in Los Angeles, located in the desirable Exposition Park and University Park area just south of the University of Southern California campus, about one to two miles from the heart of campus in the University Park neighborhood. 712 to 714 W 40th Pl, Los Angeles, CA 90037 is a fully occupied triplex featuring one duplex with a shared wall and a back house, with on-site parking and a detached one-car garage. The property is fully gated and features recent capital improvements, including roof, windows, security bars, and a concrete driveway. Delivered with tenants in place, this asset offers immediate and consistent rental income and is centrally located near major freeways, public transportation, and local amenities, making it an ideal investment in a strong rental market.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$121,622
|
$59.50
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$121,622
|
$59.50
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$31,457
|
$15.39
|
| Net Operating Income |
$90,165
|
$44.11
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $121,622 |
| Annual Per SF | $59.50 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $121,622 |
| Annual Per SF | $59.50 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $31,457 |
| Annual Per SF | $15.39 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $90,165 |
| Annual Per SF | $44.11 |
Property Facts
| Price | $1,260,050 CAD | No. Units | 3 |
| Price Per Unit | $420,017 CAD | Property Type | Multifamily |
| Sale Type | Investment | Building Size | 2,044 SF |
| Cap Rate | 7.16% | No. Stories | 1 |
| Gross Rent Multiplier | 10.12 | Year Built | 1923 |
| Price | $1,260,050 CAD |
| Price Per Unit | $420,017 CAD |
| Sale Type | Investment |
| Cap Rate | 7.16% |
| Gross Rent Multiplier | 10.12 |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 2,044 SF |
| No. Stories | 1 |
| Year Built | 1923 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $2,793 CAD | 622 |
| 2+1 | 1 | $1,742 CAD | 672 |
| 2+2 | 1 | $3,150 CAD | 750 |
1 1
Walk Score®
Very Walkable (84)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (77)
Property Taxes
| Parcel Number | 5019-024-004 | Improvements Assessment | $220,439 CAD (2025) |
| Land Assessment | $330,662 CAD (2025) | Total Assessment | $551,101 CAD (2025) |
Property Taxes
Parcel Number
5019-024-004
Land Assessment
$330,662 CAD (2025)
Improvements Assessment
$220,439 CAD (2025)
Total Assessment
$551,101 CAD (2025)
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
712 W 40th Pl
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.