Los Angeles County  »  90037  »  W 40th Pl  »  324 W 40th Pl

324 West 40th Place, Los Angeles, CA 90037 - Property report

Also known as: 324 W 40th Pl

Property image for 324 West 40th Place, Los Angeles, CA 90037
static Mapbox map

Property type

Parking Lot - Patron or Employee - One Story (2700)

Acreage

0.117

Sale price

$2,300,000

General Information

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Address
Primary address
324 W 40th Pl
Los Angeles, CA 90037
Zip code
90037
Neighborhood
Historic South-Central
County
Los Angeles
Municipality
Los Angeles

Owner

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Building
Property type
Parking Lot - Patron or Employee - One Story
Last altered
Sales
Sale date
05/28/2021
Sale price
$2,300,000
Arm's length
Tax
Tax year
2026-2027
Property tax
$5,763
Zoning & use
Zoning
Restricted Density Multiple Dwelling (RD2)
Lot
Acreage
0.117

Area overview

Walk score
87 /100.  Very Walkable
Transit score
73 /100.  Excellent Transit
Bike score
86 /100.  Very Bikeable
School district
Los Angeles Unified School District
Weed hazard
Yes

Ownership information for 324 West 40th Place, Los Angeles, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 324 West 40th Place, Los Angeles, CA 90037

Sale date Sale price Buyer name Seller name
05/28/2021 $2,300,000 XX-XXXX XXXXXXXXXXXX XXX XXXXX XXXXXXXX XXX XXXXXX XXXXXXXX XXX
11/17/2015 $1,600,000 XXXXX XXXXXXXX XXX XXXXXX XXXXXXXX XXX XXXXX XXX; XXXXXXXXX XXXXXX
07/11/1995 $450,000 XXXXXXX, XXXX X & XXXXX X XXX, XXXX X

*Most recent sales on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
03/07/2024 Reconveyance XXXXX XXX XX XXXX XXXX XXXXXX XXXXXXXX XXX
12/26/2023 Agreement
Subordination
XX XXXX XXXX XXXXXX XXXXXXXX XXX
08/10/2022 Modify Trust Deed XX XXXX XXXX XXXXXX XXXXXXXX XXX XXXXXXXXXXXX XXXXXXXX XXXX
08/10/2022 Grant Deed
(File correction - 2 parcels in multiple sale)
XX-XXXX XXXXXXXXXXXX XXX XX XXXX XXXX XXXXXX XXXXXXXX XXX
05/28/2021 Assignment of Rents
Financing Statement
Trust Deed
XX-XXXX XXXXXXXXXXXX XXX XXXXXXXXXXXX XXXXXXXX XXXX
05/28/2021 Grant Deed
(Sale for consideration - full DTT - 2 parcels in multiple sale)
XXXXX XXXXXXXX XXX XXXXXX XXXXXXXX XXX XX-XXXX XXXXXXXXXXXX XXX
11/17/2015 Grant Deed
(Sale for consideration - full DTT - 2 parcels in multiple sale)
XXXXX XXX XXXXX XXXXXXXX XXX XXXXXX XXXXXXXX XXX
11/17/2015 Quitclaim Deed XXXXX XXX X XXXXX XXX
02/26/2013 Assignment of Lease
Subordination
XXXXXXXXX XXXXXX XXXXX XXXXX XXXX
02/26/2013 Assignment of Rents
Financing Statement
Trust Deed
XXXXXXXXX XXXXXX XXXXX XXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 324 West 40th Place, Los Angeles, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026-2027
Base tax
$5,763
Current property tax
$6,052
Recent tax assessments
Market value
$485,372
Land value
$484,248
Building value
$1,124

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $475,855 1.1874 $5,650 +0.95%
2024-2025 $466,526 1.1997 $5,597 +2.03%
2023-2024 $457,379 1.1994 $5,486 +4.97%
2022-2023 $448,412 1.1655 $5,226 +28.60%
2021-2022 $345,809 1.1752 $4,064 -1.06%
2020-2021 $342,263 1.200129 $4,108 +6.33%
2019-2020 $328,974 1.174279 $3,863 +0.14%
2018-2019 $322,524 1.196 $3,858 +2.26%
2017-2018 $316,200 1.193 $3,772 +2.10%
2016-2017 $310,000 1.1918 $3,695 +26.21%

Special assessments & penalties for 324 West 40th Place, Los Angeles, CA

Code Description Tax levied
06181 Greater L.A. County Vector Control District
18851 Los Angeles City Light Maintenance
03071 Los Angeles County Flood Control
18850 Los Angeles Landscape & Lighting Dist #96-1
18869 Los Angeles-Stormwater Pollution Abatement
00177 Safe Clean Water Program Funding Measure W

Permit information for 324 West 40th Place, Los Angeles, CA

No recently recorded permits for this property.

More about Los Angeles County property records

Los Angeles residential market stats

Access a detailed real estate market overview of Los Angeles so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Los Angeles and compare it to other neighborhoods in Los Angeles.

Median sale price

$995,000

-3.7% Y-o-Y

Median price/sq. ft.

$650

-3.8% Y-o-Y

Los Angeles county median sale price

$870,000

-0.6% Y-o-Y

Check out recently sold homes in Los Angeles and see how their prices compare.

Risk

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FEMA flood zones

FEMA flood zones
X
Earthquake-induced liquefaction area
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Crime incidents map

Transportation

Daily traffic map

Access the detailed traffic volume map for 324 West 40th Place, Los Angeles, CA 90037 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
Global Education Academy 5 Charter K-8 364 0.26
Accelerated School 5 Charter K-8 773 0.31
Accelerated Elementary Charter School 7 Charter K-6 500 0.36
West Vernon Avenue Elementary School 5 Public K-5 562 0.38
Trinity Street Elementary School 2 Public 2-5 209 0.57
Gabriella Charter 2 4 Charter K-7 374 0.57
Dr. Theo. T. Alexander Junior, Science Center 6 Charter K-5 609 0.57
Maple Primary Center NR Public K-1 121 0.61
Menlo Avenue Elementary School 5 Public K-7 507 0.63
Ricardo Lizarraga Elementary School 2 Public K-5 457 0.65
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Global Education Academy 5 Charter K-8 364 0.26
Accelerated School 5 Charter K-8 773 0.31
William Jefferson Clinton Middle School 4 Public 6-8 603 0.53
Gabriella Charter 2 4 Charter K-7 374 0.57
Menlo Avenue Elementary School 5 Public K-7 507 0.63
Joel John Scholastic Academy NR Private 7-12 0 0.85
Alliance College-Ready Middle Academy 12 NR Private 6-8 0 0.88
Alliance College-Ready Middle Academy No. 12 5 Charter 6-8 493 0.90
John Adams Middle School 6 Public 6-8 736 1.01
Thirty-Second Street USC Performing Arts 7 Public K-12 891 1.02
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Wallis Annenberg High School 6 Charter 9-12 464 0.31
Animo Jackie Robinson High School 6 Charter 9-12 604 0.55
Alliance Patti And Peter Neuwirth Leadership Academy 8 Charter 9-12 614 0.67
Manual Arts Senior High School 3 Public 9-12 1,026 0.76
USC Hybrid High College Prep 8 Charter 9-12 520 0.78
Joel John Scholastic Academy NR Private 7-12 0 0.85
Thirty-Second Street USC Performing Arts 7 Public K-12 891 1.02
Matrix for Success Academy 2 Charter 9-12 170 1.25
Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community High 3 Public 9-12 1,092 1.27
Synergy Quantum Academy 7 Charter 9-12 543 1.27

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

When was 324 West 40th Place, Los Angeles, CA 90037 last sold and what was the sale price?

324 West 40th Place, Los Angeles, CA 90037 was last sold on 05/28/2021 for $2,300,000.

What is the assessed value of 324 West 40th Place, Los Angeles, CA 90037?

324 West 40th Place, Los Angeles, CA 90037 is currently assessed at $475,855.

What are the property taxes for 324 West 40th Place, Los Angeles, CA 90037?

The property taxes for 324 West 40th Place, Los Angeles, CA 90037 total $5,650.

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