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$599,000

11 hours ago

1220 E 40 Th Pl, Los Angeles, CA

House

2 Bed

1 Bath

1080 sqft

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MLS® SB26036667

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1080 sqft
Garage No
Taxes 
Days Active 0
Lot Size 0.1198 acres
Approx. Age 1904
Avg. Price Per Sqft $554
MLS® Number SB26036667

Property Address: 1220 E 40th Pl, Los Angeles, CA, 90011-2758

Average square foot calculated using Size range provided by listing agent.

Description

Investor / Developer Opportunity – Los Angeles (RD1.5-1 Zoning)* Property features a front single-family residence and a detached two-story rear structure in severely deteriorated condition. The rear building will likely require removal or major rehabilitation. Property is being sold **strictly as-is**. Seller will make no repairs and provide no credits. Zoned *RD1.5-1 (Restricted Density Multiple Dwelling – Height District 1) — this is not just single-family zoning. The zoning allows low-density multi-unit residential development potential (buyer to verify with the City of Los Angeles). Ideal for redevelopment, value-add, ADU configuration, or multi-unit investment strategy. Buyer to verify all permits and Zoning information. The interior offers a flexible floor plan with multiple enclosed rooms, creating a layout you can do a lot with depending on your needs. While tax records show 2 bedrooms, the property currently features several additional rooms with windows and exterior access (buyer to verify legality, permits, and use). The kitchen and bathroom have both been remodeled, providing immediate functionality while future plans are explored. Located directly across the street from the Historic Ralph Bunche residence — a location many investors have watched for years — offering strong long-term upside potential. Cash, hard-money, or renovation financing strongly recommended. *Safety Notice & Entry Warning:* The detached rear structure is in unsafe condition and may present serious hazards. *No person is permitted to enter the rear building prior to an accepted offer.** Access, if granted during escrow, will be coordinated through the listing agent and shall be at buyer and buyer’s representatives’ own risk and subject to a signed hold-harmless waiver. Seller and brokers make no representations regarding structural integrity or safety. Cameras are installed. Do not disturb occupants. Showings by appointment only.
MLS® NumberSB26036667
Laundry LevelInside, Laundry Room
Central VacNo
FireplaceNo
Acreage0.1198
Exterior
GarageNo
Approx. Age1904
Basement
DrivewayDriveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 20, 2026List Date
$599,000List Price
  • Commute

Commute

Starting Address
Destination Address
1220 E 40 Th Pl, Los Angeles, CA

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