1191 W 39th Place

Los Angeles, CA 90037

  • 6 Bed(s)
  • 0 Bath(s)
  • 3,912 Sqft
  • 11060
    Sqft(Lot)
$925,000

Description

We are pleased to present a six (6) unit apartment building located at 1191 w 39th place in los angeles, california. the subject property is located in a great south la location, south of exposition boulevard and east of normandie avenue. 1191 w 39th place is a charming 6-unit bungalow-style apartment community located directly adjacent from exposition park/usc. built in 1928, this character-rich property features six (6)1-bedroom/1-bathroom units. two units will be delivered vacant at close, giving investors the rare opportunity to bring in market rents from day one. the standalone bungalow-style units are highly sought after by tenants, offering privacy and charm rarely found in larger multifamily buildings. the surrounding neighborhood is experiencing a surge of new development bordered by the newly built george lucas museum, expansion of expo park, and newly residential apartment buildings at 1249 w 39th pl and 1271 w 39th pl. this area is poised for even greater growth, making it an attractive investment opportunity in the south la area. situated in a great south la location, this property offers investors a unique opportunity to capitalize on a 40% rental upside potential, allowing for substantial income growth and a strong return on investment as the area continues to appreciate.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49325955

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Property Details

  • Bedroom Information

    • Total Bedrooms : 6

    Bathroom Information

    • Total Baths: 6
    • Full Baths: 0
    • Half Baths: 0

  • Building Information

    • Year Built: 1928
    • Building Area Total: 3,912

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2539
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 11060

  • Listing Price Information

    • Original List Price: 925,000
    • Listing Contract Date: 2025-04-10

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 5037008013

  • Garage and Parking

    • Garage Description: Unassigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C34 - Los Angeles Southwest
    • Postal Code Plus 4: 1556
    • Directions: south of Exposition Blvd and east of Normandie Ave
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: C34 - Los Angeles Southwest

    Building and Construction

    • Property Age: 97
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 3912
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 04/16/2025 @ 09:43

  • MLS: 25523615
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 6 bedrooms which is for sale, it has 3,912 sqft, 11,060 sized lot, and 0 parking. are nearby neighborhoods.