Los Angeles, CA 90062,1952 W 39th St
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Los Angeles, CA 90062,1952 W 39th St
Los Angeles, CA 90062,1952 W 39th St
Los Angeles, CA 90062,1952 W 39th St
Los Angeles, CA 90062,1952 W 39th St
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$ 1,575,000
Est. payment /mo
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1952 W 39th St Los Angeles, CA 90062

6 Beds

6 Baths

3,178 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,178 sqft

Price per Sqft $495

MLS Listing ID 25-487561

Bedrooms 6

Year Built 1923

Lot Size 7,167 Sqft

Acres 0.1645

Property Sub-Type Multi-Family

Property Description

Located in Leimert Park, 1952 W 39th Street is a well-maintained six-unit apartment building. Priced at a 4.13% Cap Rate with both units occupied, the property has upside potential to a 5.71% Cap Rate at market. Multiple capital improvements have been completed recently, including a new roof. The building is professionally managed and will be delivered with two vacancies, allowing a new owner to capture additional upside in rents. Situated in a vibrant and growing area, the property is just minutes from key landmarks such as Exposition Park, home to the California Science Center, Natural History Museum, and the iconic Los Angeles Memorial Coliseum. The University of Southern California (USC) is also nearby, offering a steady demand for housing. Additionally, the renowned Shrine Auditorium and the Crypto.com Arena (formerly Staples Center) are just a short drive away, making this an ideal location for both residents and investors.

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LAR1

Rooms

Other Rooms None

Interior

Heating Natural Gas

Cooling None

Equipment Range/Oven

Exterior

Parking Features None

Building

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Dover Management Corp.

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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