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$625,000   Price Analysis
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788 E 40th Pl
Los Angeles, CA 90011
3 bed 2 bath 1,220 SqFt ($512/SqFt)
2,885SqFt lot. Built 1915
Listed 2024-08-16, Taxes $2,833		Ⓧ USDA Ineligible
due to location
near Los Angeles

Welcome to 788 E 40th Place

A beutifully maintained Craftsman bungalow in central Los Angeles that perfectly blends historic charm with modern updates. This early 20th-century home greets you with original and updated hardwood and luxury vinyl plank floors, high ceilings and plenty of natural light, creat ing a warm and inviting atmosphere. The living room boasts classic built-ins and vintage details, adding character to the space, while the updated kitchen offers modern conveniences with custom cabinets, quartz countertops and stainless steel appliances.

With two open bedrooms providing peaceful retreats and a landscaped backyard featuring mature fruit trees and a patio, this home is ideal for both relaxation and entertaining. Situated in a prime location close to downtown, USC and major freeways, youll enjoy easy access to parks, dining, shopping and more. Additional perks include recent upgrades like a new roof, plumbing and electrical systems. This charming bungalow at 788 E 40th Place is ready to welcome its next ownerdont miss out on this extraordinary opportunity!


Presented by Christopher Gorvetzian at
Exp Realty Of California Inc.


Property MLS #SR24169341 from CRMLS

Bedrooms: 3

Total Bathrooms: 2
Full Bathrooms: 2
Bathrooms On Main Level: 1
Bathroom 1 Features: Bathtub

Ceiling Fan(s)
Open Floorplan
Quartz Counters

Kitchen Appliances: Dishwasher, Gas Range, Gas Cooktop, Refrigerator
Appliances YN: Yes
Laundry Features: Gas Dryer Hookup, Outside, Washer Hookup

All Bedrooms Up

Kitchen Features: Quartz Counters

Patio And Porch Features: Patio YN: Yes, Patio And Porch Features: Porch

Lot Size Acres: 0.0662305
Lot Size Source: Assessor
Lot Size Square Feet: 2885

School District: Los Angeles Unified

Wadsworth Avenue Elementary School is a public elementary school located approximately 0.2 miles away.
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Nava College Preparatory Academy is a public high school located approximately 0.6 miles away.
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Dr. Julian Nava Learning Academies-School Of Business And Technology is a public middle school located approximately 0.9 miles away.
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Victory Baptist Day Elementary School is a private elementary, middle and high school located approximately 0.7 miles away.
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Calculated Total Monthly Association Fees: 0

Community Features: Urban

Source Listing Status: Active
County: Los Angeles
Directions: Get off 110 at MLK and head West.
Source Property Type: Residential
Inclusions: Stove, Dishwasher, Microwave, Refrigerator
Area: C34 - Los Angeles Southwest
Source Neighborhood: C34 - Los Angeles Southwest
Parcel Number: 5114008012
Postal Code Plus 4: 2713
Zoning: LARD2
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$80,191 + $150,593
$230,784		$2,833
2021$78,619 + $147,641
$226,260		$2,793
2020$77,813 + $146,128
$223,941		$2,818
2019$76,288 + $143,263
$219,551		$2,709
2018$74,793 + $140,454
$215,247		$2,700
2017$73,327 + $137,700
$211,027		$2,639
2016$71,890 + $135,000
$206,890		$2,569
2015$70,811 + $132,973
$203,784		$2,532
2014$64,196 + $121,314
$185,510		$2,374
2013$63,906 + $120,766
$184,672		$2,374
2012$62,934 + $118,172
$181,106		$2,406
2010$61,700 + $115,855
$177,555		$2,359
2009$61,385 + $115,264
$176,649		$2,273
2009$61,239 + $114,990
$176,229		$2,273
2008$60,182 + $113,004
$173,186		$2,178
2007$59,002 + $110,789
$169,791		$2,102

Listed 2024-08-16
$625,000
CRMLS
Sold 2024-04-19
$575,000
CRMLS
Price Changed 2024-02-15
$599,000
CRMLS
Price Changed 2023-09-27
$595,000
CRMLS
Listed 2023-09-05
$635,000
CRMLS
Listing removed 2019-04-09
$0
TheMLSCLAW
Listing removed 2018-10-19
$203,000
CRISNET
Listing removed 2018-10-19
$218,000
CRISNET
Listing removed 2018-10-19
$119,000
CRISNET
Listed 2018-09-20
$236,000
TheMLSCLAW
Listing removed 2018-06-21
$218,000
CRISNET
Listed 2018-05-09
$218,000
CRISNET
Listing removed 2018-02-20
$203,000
CRISNET
Listed 2017-02-23
$203,000
CRISNET
Listing removed 2012-02-29
$119,000
ITECH
Listing removed 2012-02-29
$119,000
CRISNET
Listed 2011-09-13
$119,000
ITECH
Listed 2011-09-13
$119,000
CRISNET
Listing removed 2008-09-28
$99,000
ITECH
Listing removed 2008-09-28
$69,500
ITECH
Listing removed 2006-06-02
$369,000
ITECH
Listed 2006-02-02
$369,000
ITECH
Sold 2003-07-07
$160,000
Public Record
Listing removed 2003-07-02
$159,900
ITECH
Listed 2003-04-01
$159,900
ITECH
Listing removed 2002-12-20
$130,000
ITECH
Listed 2002-09-19
$130,000
ITECH
Listing removed 2001-10-11
$133,400
ITECH
Listed 2001-07-15
$133,400
ITECH
Listed 1998-05-27
$99,000
ITECH
Sold 1998-04-07
$60,000
Public Record
Sold 1998-03-16
$50,000
Public Record
Listed 1998-03-03
$69,500
ITECH
Listing removed 1997-10-03
$68,000
ITECH
Listed 1997-03-13
$68,000
ITECH

Total Square Feet Living: 1220
Year Built: 1915
Common Walls: No Common Walls
Entry Level: 1
Entry Location: From Street
Living Area Source: Assessor
Property Age: 109
Levels or Stories: One
Building Total Stories: 1
Structure Type: House
House Style: Bungalow
Year Built Source: Assessor

Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.