1286 West 39th Place Los Angeles, CA ^$ 925,000

1286 West 39th Place

^$ 925,000

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1286 West 39th Place

Los Angeles, CA, 90037

^$ 925,000

Studio Baths0.0 Sq 1,384

Monthly Estimate*

^$ 6,461

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $925,000. This 1,384 square foot home was built in 1921 on a lot size of 0.05.

We are pleased to offer the opportunity to acquire this 5-bedroom + 5-bathroom co-living/ student housing investment, located just blocks to the University of Southern California (USC). The property has been completely updated & remodeled - featuring brand new hardwood floors, stainless steel kitchen appliances, quartz counter tops, tiled showers with glass enclosures, and an in-unit washer & dryer. The building is approximately 1,400 rentable SF on a 2,117 SF lot, and will be delivered vacant upon the close of escrow. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals.

Multi-Family Active

Price

^$ 925,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.05

Year Built

1921

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024382563

Features

General

Sewer None

Zoning LARD1.5

Year Built 1921

Tenant Pays Electricity Water Trash Collection Gas

Levels One

County Los Angeles

Net Operating Income 64708.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Los Angeles

Buyer Agent Compensation 2.50

Senior Community Y/N No

MLS Area C34 - Los Angeles SW

Lot Size Square Feet 2117.0

Street Name 39th

Standard Status Active

Buyer Agent Compensation Type %

Interior

Kitchen Appliances Dishwasher Refrigerator

Total Stories 1

Street Suffix Place

Laundry Features Washer Included Dryer Included

Total Baths 0

Exterior

Lot Size Area 2117.0

Building Area Total 1384.0

Lot Dimensions 36x58

Lot Size Acres 0.05

Lot Size Units Square Feet

Land Lease Type Fee

* Excluded Features

List By

Davis Saadian

Listing Agent

Carolwood Estates

Broker

Affordability Calculator

$6,461

Per Month

Monthly Principal & Interest: $6,461
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,983,367

Percent of Sale Price 114%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/30/2024	$925,000		Listed Price

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1286 West 39th Place, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $925,000 with 1,384 sqft and a lot size of 0.05. 1286 West 39th Place is a studio with 0.0 baths and was built in 1921. The property's zip code is 90037 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/1/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1286 West 39th Place

Multi-Family Home for sale in Los Angeles, CA

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