1286 W 39th Place
Los Angeles, CA 90037

  • – beds
  • – baths
  • – sqft
  • 2,117 sqft lot
  • 1921 build
  • on site

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.

California Regional MLS logo Listed By CRMLS_CA / Davis Saadian / Carolwood Estates

Last checked: Checking… • Last updated Apr 30, 2024 •

MLS# 24382563 —

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Sale history

Date Event Source Price % Change
4/22/24
Listed / Active CRMLS_CA $925,000 34.1% (16.7% / YR)
1/24/24
Price Changed BRIDGE
11/15/23
Price Changed BRIDGE

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Multifamily For Sale

$925,000

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Listing provided by broker:

Davis Saadian

Carolwood Estates

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This multifamily located in South La, Los Angeles, CA 90037 is currently for sale for $925,000. 1286 W 39th Place is a – square foot multifamily with – beds and – baths that has been on Estately for 13 days. 1286 W 39th Place is in the South La neighborhood of Los Angeles and has a WalkScore® of 67, making it somewhat walkable. This multifamily is in the attendance area of Manual Arts Senior High School, Normandie Avenue Elementary School, and Obama Global Preparatory Academy.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and Carolwood Estates. Based on information from California Regional Multiple Listing Service, Inc. as of 00:00 on May 05.

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