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939 S Lorena St, Los Angeles, CA, 90023

5beds
3baths
1,822sqft
$729,000
$400price/sqft
$4,971/moest. monthly cost
$198,840/yrincome needed

About This Home

Great investment opportunity or ideal owner-user property! This multi-unit property features three units, including a recently renovated front unit that will be delivered vacant at close of escrow. The property consists of two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each unit is separately metered for water, gas, and electricity, offering added convenience and cost transparency. The layout is well-suited for extended family living or generating rental income. Current rents are below market, presenting strong upside potential for investors. The property will be delivered with tenants in place in two units; the front unit will be vacant. Please do not disturb tenants. Showings by appointment only--contact the listing agent for access. Buyers are advised to conduct their own due diligence regarding tenancy and occupancy options. The seller will not pursue tenant relocation or provide credits for associated costs. Located in an area experiencing significant recent development, this property presents an excellent opportunity for both income generation and long-term growth. Prime Location: Convenient access to major freeways including the 5, 10, 60, 710, and 110. Easy commute to downtown via the newly developed 6th Street Bridge. The surrounding area is experiencing strong growth, with multiple mixed-use developments underway. Additional Notes: Information is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own due diligence and consult with professionals.

Getting Around

86
WalkingVery Walkable
61
TransitGood Transit
52
BikeBikeable

Construction

Condition

  • Property condition: Additions/Alterations,Updated/Remodeled
  • Year built: 1907

Materials

  • Foundation: Raised,Slab
  • Roof: Shingle
  • Construction materials: Stucco,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Bungalow,Craftsman
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Oven
  • Laundry features: None

Bedroom

  • Features: Multi-Level Bedroom

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3

Features

  • Beamed Ceilings,Built-in Features,Granite Counters,Laminate Counters,Unfurnished
  • Door features: Panel Doors
  • Window features: Blinds
  • Fireplace features: None
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Ductless,Wall Furnace
  • Cooling features: Ductless,Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,822
  • Total interior livable area: 1,822 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 5188022017
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two,Multi/Split
  • Stories: 2
  • Pool features: None
  • Spa features: None
  • Fencing: Chain Link
  • Has view: Yes
  • View description: City Lights

Lot

  • Lot size: 5,510 sqft
  • Features: Yard

Parking

  • Total spaces: 5
  • Parking features: Concrete,Driveway,Gated,RV Access/Parking,Shared Driveway,On Street,Side By Side

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,686$44,232
Home Insurance *$129$1,548
Property Taxes $758$9,096
Electricity $398$4,786
Total$4,971$59,652
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$170,434/yr
40% on housing$149,130/yr
45% on housing$132,560/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$400This listing

vs Other Active Listings

Avg $/sqft

ZIP 90023$382
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90023$543
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-27Listed for sale$865,000
2007-06-19Sold$40,000
2003-03-06Sold$250,000

For Sale by Agent

AgentDaniel Brooks
BrokerageRE/MAX Gold Coast REALTORS

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