$925,000
1286 39th Place, Los Angeles 90037
5
Beds
5
Baths
1,384
Square feet
2,117
Lot Size
5
# Of Units
Listing Agent
Davis Saadian - Carolwood EstatesWe 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.
Facts & Features
| MLS® # | 24382563 |
|---|---|
| Price | $925,000 |
| Bedrooms | 5 |
| Bathrooms | 5.00 |
| Square Footage | 1,384 |
| Lot Size | 2,117 |
| Year Built | 1921 |
| Type | Residential Income |
| Status | Active |
| # Of Units | 5 |
Community Information
| Address | 1286 39th Place |
|---|---|
| Area | C34 - Los Angeles Southwest |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90037 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Parking | None |
| Garages | None |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Refrigerator, Dryer, Washer |
|---|---|
| Has Basement | No |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Additional Information
| Date Listed | April 22nd, 2024 |
|---|---|
| Days on Market | 12 |
| Zoning | LARD1.5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Davis Saadian |
|---|---|
| Office | Carolwood Estates |