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1134 W 39th, Los Angeles, CA 90037
1134 W 39th, Los Angeles, CA 90037
1134 W 39th, Los Angeles, CA 90037
1134 W 39th, Los Angeles, CA 90037
1134 W 39th, Los Angeles, CA 90037
1134 W 39th, Los Angeles, CA 90037
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Juan Oropeza

Juan Oropeza

Citiwide Realty Group

+1(818) 941-0721
$ 1,995,000
Est. payment | /mo

9,896 Sqft Lot

Save
$ 1,995,000
Est. payment | /mo
Save

9,896 Sqft Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26119942

HOA Y/N No

Year Built 1972

Lot Size 9,896 Sqft

Property Sub-Type Multi Family

Property Description

*** This exceptional five-unit multifamily property presents a rare value-add opportunity in the heart of rapidly evolving Exposition Park, one of Los Angeles' most active rental markets e The property features an attractive and versatile unit mix consisting of one 2-bedroom, 1-bathroom unit, two expansive 5-bedroom, 2-bathroom units, one 4-bedroom, 2-bathroom unit, and one 3-bedroom, 1-bathroom unit. The large unit configurations and flexible layout create outstanding income potential for investors pursuing student housing, traditional multifamily rentals, or alternative housing strategies in a consistently high-demand location .Ideally situated 10 minutes walk distance to the University of Southern California, the property benefits from close proximity to some of Los Angeles' most iconic destinations, including the Los Angeles Memorial Coliseum, a featured venue for the upcoming 2028 Olympic Games, the highly anticipated Lucas Museum of Narrative Art located less than half a mile away, only 10 minutes walk or 0.5 miles away ; Exposition Park, the California Science Center, the historic Rose Garden, BMO Stadium, and the Expo Line Metro Station offering convenient access from Downtown Los Angeles to Santa Monica .The property also provides easy access to major freeways and public transportation, further strengthening its long-term desirability and tenant demand .Adding to its exceptional appeal, the property is sitting in a 9,894 sq ft lot and it will be delivered almost vacant, offering investors a rare opportunity to immediately reposition the property, establish market rents, and maximize future income potential .This is an outstanding opportunity to acquire a well-located multifamily asset in one of Los Angeles' most dynamic and transformative neighborhoods.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning RD1.5-1-CPIO

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Inclusions Apartment 1 and 4 have permanent tenants BUT apartment 2, 3 & 5 have temporary tenants (airbnb)

Fireplace No

Laundry In Kitchen

Exterior

Fence Wrought Iron

Utilities Available Electricity Available

Roof Type Shingle

Total Parking Spaces 10

Building

Lot Description 0-1 Unit/Acre, Corner Lot

Story 2

Water Public

Others

Tax ID 5037020050

Security Features Carbon Monoxide Detector(s),Fire Detection System,Security Gate,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard, No Smoking

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Marina Burgos Park Regency Realty 818-312-4291, DRE #01818048

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1134 W 39th