Los Angeles, CA 90062,1623 W 39th Pl
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Los Angeles, CA 90062,1623 W 39th Pl
Los Angeles, CA 90062,1623 W 39th Pl
Los Angeles, CA 90062,1623 W 39th Pl
Los Angeles, CA 90062,1623 W 39th Pl
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$ 1,550,000
Est. payment /mo
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Pending

1623 W 39th Pl Los Angeles, CA 90062

10 Beds

10 Baths

6,552 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 6,552 sqft

Price per Sqft $236

MLS Listing ID 25-484999

Bedrooms 10

Year Built 1930

Lot Size 5,409 Sqft

Acres 0.1242

Property Sub-Type Multi-Family

Property Description

We are proud to present the opportunity to acquire a 10-unit multifamily property in the highly desirable Exposition Park neighborhood of South Los Angeles. Built in 1930, this property features a unit mix of (10) 1Bed/1Bath units, totaling 6,552 rentable square feet on a 5,409 square foot lot. The property benefits from individual gas and electric metering, reducing operating expenses and increasing efficiency for an owner. With (5) units currently vacant, this asset presents investors an opportunity to achieve market rents and stabilize quickly. The remaining (5) occupied units have an average rent of $952, offering potential for increased income through tenant turnover or negotiated relocations. Though there is no on-site parking, its central location ensures accessibility for tenants utilizing public transit and nearby amenities. The building is ideally situated near the University of Southern California (USC), the Los Angeles Memorial Coliseum, Banc of California Stadium, and numerous employment and entertainment hubs, ensuring strong rental demand.

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Parking Features None

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Marcus & Millichap

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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