602 W 40th Pl Unit 3, Los Angeles, CA, 90037
About This Home
Excellent income-producing opportunity in prime Los Angeles location! This triplex features a versatile unit mix, including a large front unit with 6 total bedrooms and 3 bathrooms across two levels, plus a newer (2005) rear unit offering 4 bedrooms and 2 bathrooms. The property also features a large on-site parking area with space for up to 8 vehicles, a rare and valuable amenity in this area that adds significant convenience for tenants and enhances rental appeal. Prime location near BMO Stadium and University of Southern California, with easy access to Los Angeles Memorial Coliseum and Natural History Museum of Los Angeles County. Ideal for investors seeking a centrally located income property.
Getting Around
Very Walkable
Excellent Transit
Very BikeableSchools
Construction
Condition
- Year built: 1908
Materials
- Roof: Shingle
- Construction materials: Stucco,Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 5
Interior Area
- Total structure area: 3,692
- Total interior livable area: 3,692 sqft
Property
Details
- Parcel number: 5019023004
- Zoning: Lard1 5
Lot
- Lot size: 6,969 sqft
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,090 | $97,080 |
| Home Insurance * | $352 | $4,224 |
| Property Taxes | $893 | $10,716 |
| Electricity | $791 | $9,500 |
| Total | $10,126 | $121,512 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-24 | Price change | $1,600,000 |
| 2023-09-02 | Listed for sale | $1,799,999 |
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