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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$ 1,750,000
Est. payment | /mo

9,896 Sqft Lot


$ 1,750,000
Est. payment | /mo

9,896 Sqft Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26205224

HOA Y/N No

Year Built 1972

Lot Size 9,896 Sqft

Property Sub-Type Multi Family

Property Description

*** 3 UNITS WILL BE DELIVERED VACANT **** This exceptional five-unit multifamily property presents a rare value-add opportunity in the heartof rapidly evolving Exposition Park, one of Los Angeles' most active rental markets e The property features an attractive and versatile unit mixconsisting 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 studenthousing, traditional multifamily rentals, or alternative housing strategies in a consistently high demand location .Ideally situated 10 minutes walkdistance 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 ofNarrative Art located less than half a mile away, only 10 minutes walk or 0.5 miles away ; Exposition Park, the California Science Center, thehistoric Rose Garden, BMO Stadium, and the Expo Line Metro Station offering convenient access from Downtown Los Angeles to Santa Monica .Theproperty also provides easy access to major freeways and public transportation, further strengthening its long-term desirability and tenantdemand .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 rareopportunity to immediately reposition the property, establish market rents, and maximize future income potential .This is an outstandingopportunity to acquire a well-located multifamily asset in one of Los Angeles' most dynamic and transformative​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​‌​​​​​‌​‌​​​‌​​ neighborhoods.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning RD1.5-1-CPIO

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry In Kitchen

Exterior

Utilities Available Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Total Parking Spaces 10

Building

Lot Description 2-5 Units/Acre, Walkstreet

Story 2

Water Public

Others

Tax ID 5037020050

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Marina Burgos Park Regency Realty 818-312-4291, DRE #01818048

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1134 W 39th