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Fourplex located at 868 West 40th Place in Los Angeles. Built in 1915, this two-story property consists of three three-bedroom/one-bath units and one one-bedroom/one-bath unit. The property has a rentable square footage of 3,864-square feet sitting on a 6,447-square foot lot. Long term tenants provide for an excellent opportunity for a future investor to reap the benefits of turnover and higher rents. Located just south of Martin Luther King Jr. Boulevard, the subject property is within walking distance to Menlo Elementary School and Manuel Art High School. The property is also minutes away from the Los Angeles Sports Coliseum.
Listing agent: Sevak Keshishian DRE #01887505 skeshishian@marcusmillichap.com, Listing office: Marcus & Millichap
MLS data updated 11/2/2026, 2:20:12 PM PT
Source: CRMLS, MLS #: 15950923
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 21, 2016
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90037 · Nov 2026
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
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