Los Angeles County  »  90037  »  W 40th Pl  »  197 W 40th Pl

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

Also known as: 195 W 40th Pl

Property image for 197 West 40th Place, Los Angeles, CA 90037
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Property type

Three Units (Any Combination) - 4 Stories or Less (0300)

Year built

1907

Acreage

0.172

Sale price

$650,000

General Information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
197 W 40th Pl
Los Angeles, CA 90037
Alternate address(es)
195 W 40th Pl
197 1/2 W 40th Pl
Zip code
90037
Neighborhood
Historic South-Central
County
Los Angeles
Municipality
Los Angeles

Owner

Find out who owns 197 West 40th Place, Los Angeles, CA 90037. Uncover corporate and individual owners with a free account.

Building
Property type
Three Units (Any Combination) - 4 Stories or Less
Building sq. ft.
1,642
Buildings on lot
2
Stories
4 or less
Year built
1907
Last altered
Bedrooms
3
Bathrooms
2
Sales
Sale date
01/10/2020
Sale price
$650,000
Arm's length
Tax
Tax year
2026-2027
Property tax
$9,272
Tax per sq. ft.
$4
Zoning & use
Zoning
Restricted Density Multiple Dwelling (RD2)
Units
3
Lot
Acreage
0.172

Area overview

Walk score
90 /100.  Very Walkable
Transit score
73 /100.  Excellent Transit
Bike score
89 /100.  Very Bikeable
School district
Los Angeles Unified School District
Weed hazard
No

Ownership information for 197 West 40th Place, Los Angeles, CA

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

Sales history for 197 West 40th Place, Los Angeles, CA 90037

Sale date Sale price Buyer name Seller name
01/10/2020 $650,000 XX XXXX XXXXXXXXX X XXXXX; XXXX XXXXXXX; XXXXX XX XXXX XXXXXXXXX X XXXXXX XXXXX
10/16/2003 $220,000 XXX XXX, XXXXX XXXXXXXX, XX

*Most recent sales on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
09/07/2022 Financing Statement XXXXXXXX XXXXX XXXXXXXX XXX
04/21/2021 Grant Deed
(Reappraisal transfer - no DTT - Single parcel sale)
XX XXXX XXXXX XXXXXXXXX X XXXXXXXX XXXXX
02/26/2020 Assignment Trust Deed XXXXXX XXXXX XX-XX -XXX XXXXXX XXXXX XXXXX
01/10/2020 Assignment of Rents
Trust Deed
XX XXXX XXXXXXXXX X XXXXX XXX XXXXXX XXX
01/10/2020 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)
XXXXXX XXXXX XX XXXX XXXXXXXXX X XXXXX
08/29/2018 Assignment of Lease
Assignment of Rents
Financing Statement
Trust Deed
XXXXXX XXXXX XXXXXXXX XXXXXXXXXX XXXXXXX XXX
06/24/2013 Deed
(File correction - Single parcel sale)
XXXXXX XXXXX XXXXXX XXXXX
11/23/2011 Notice of Trustees Sale XXXXXX XXXXX
10/24/2011 Notice of Trustees Sale XXXXXX XXXXX
11/29/2010 Notice Default XXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 197 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
$9,272
Current property tax
$9,859
Tax per sq. ft.
$4
Recent tax assessments
Market value
$780,836
Land value
$515,141
Building value
$265,695

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 $765,527 1.1874 $9,090 +0.95%
2024-2025 $750,518 1.1997 $9,004 +2.03%
2023-2024 $735,803 1.1994 $8,825 +4.97%
2022-2023 $721,376 1.1655 $8,408 +6.80%
2021-2022 $669,867 1.1752 $7,872 +25.23%
2020-2021 $523,782 1.200129 $6,286 +6.33%
2019-2020 $503,445 1.174279 $5,912 +0.14%
2018-2019 $493,574 1.196 $5,903 +2.26%
2017-2018 $483,897 1.193 $5,773 +2.10%
2016-2017 $474,410 1.1918 $5,654 +23.53%

Special assessments & penalties for 197 West 40th Place, Los Angeles, CA

Code Description Tax levied
06181 Greater L.A. County Vector Control District
03694 La County Regional Park And Open Space District
18851 Los Angeles City Light Maintenance
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
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 197 West 40th Place, Los Angeles, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
03/11/2024
03/11/2024
07/26/2023
05/05/2023
10/06/2022

*Most recent permits on record 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 197 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)
Accelerated School 5 Charter K-8 773 0.15
Accelerated Elementary Charter School 7 Charter K-6 500 0.20
Gabriella Charter 2 4 Charter K-7 374 0.41
Trinity Street Elementary School 2 Public 2-5 209 0.41
Global Education Academy 5 Charter K-8 364 0.42
West Vernon Avenue Elementary School 5 Public K-5 562 0.45
Maple Primary Center NR Public K-1 121 0.48
Ricardo Lizarraga Elementary School 2 Public K-5 457 0.49
Dr. Theo. T. Alexander Junior, Science Center 6 Charter K-5 609 0.64
Dolores Huerta Elementary School 5 Public K-5 314 0.76
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Accelerated School 5 Charter K-8 773 0.15
Gabriella Charter 2 4 Charter K-7 374 0.41
Global Education Academy 5 Charter K-8 364 0.42
William Jefferson Clinton Middle School 4 Public 6-8 603 0.49
Menlo Avenue Elementary School 5 Public K-7 507 0.79
Joel John Scholastic Academy NR Private 7-12 0 0.84
Alliance College-Ready Middle Academy 12 NR Private 6-8 0 0.86
Alliance College-Ready Middle Academy No. 12 5 Charter 6-8 493 0.89
John Adams Middle School 6 Public 6-8 736 0.91
George Washington Carver Middle School 2 Public 6-8 712 1.02
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Wallis Annenberg High School 6 Charter 9-12 464 0.15
Animo Jackie Robinson High School 6 Charter 9-12 604 0.48
Alliance Patti And Peter Neuwirth Leadership Academy 8 Charter 9-12 614 0.64
Joel John Scholastic Academy NR Private 7-12 0 0.84
Manual Arts Senior High School 3 Public 9-12 1,026 0.92
USC Hybrid High College Prep 8 Charter 9-12 520 0.92
Thirty-Second Street USC Performing Arts 7 Public K-12 891 1.04
Matrix for Success Academy 2 Charter 9-12 170 1.09
Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community High 3 Public 9-12 1,092 1.23
Synergy Quantum Academy 7 Charter 9-12 543 1.23

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

Frequently asked questions

What is the year built for 197 West 40th Place, Los Angeles, CA 90037?

The development at 197 West 40th Place, Los Angeles, CA 90037 was built in 1907.

What is the total square footage of 197 West 40th Place, Los Angeles, CA 90037?

197 West 40th Place, Los Angeles, CA 90037 has a total of 1,642 square feet.

When was 197 West 40th Place, Los Angeles, CA 90037 last sold and what was the sale price?

197 West 40th Place, Los Angeles, CA 90037 was last sold on 01/10/2020 for $650,000.

What is the assessed value of 197 West 40th Place, Los Angeles, CA 90037?

197 West 40th Place, Los Angeles, CA 90037 is currently assessed at $780,836.

What are the property taxes for 197 West 40th Place, Los Angeles, CA 90037?

The property taxes for 197 West 40th Place, Los Angeles, CA 90037 total $9,271.

How many residential units does this building have?

This building has 3 residential unit(s).

Disclaimer

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