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1134 W 39th St, Los Angeles, CA, 90037

19beds
13baths
5,726sqft
$1,895,250
$331price/sqft
$12,285/moest. monthly cost
$491,400/yrincome needed

About This Home

*** This exceptional five-unit multifamily property presents a rare value-add opportunity in the heart of rapidly evolving Exposition Park, one of Los Angeles’ most active rental markets e The property features an attractive and versatile unit mix consisting of one 2-bedroom, 1-bathroom unit, two expansive 5-bedroom, 2-bathroom units, one 4-bedroom, 2-bathroom unit, and one 3-bedroom, 1-bathroom unit. The large unit configurations and flexible layout create outstanding income potential for investors pursuing student housing, traditional multifamily rentals, or alternative housing strategies in a consistently highdemand location .Ideally situated 10 minutes walk distance to the University of Southern California, the property benefits from close proximity to some of Los Angeles’ most iconic destinations, including the Los Angeles Memorial Coliseum, a featured venue for the upcoming 2028 Olympic Games, the highly anticipated Lucas Museum of Narrative Art located less than half a mile away, only 10 minutes walk or 0.5 miles away ; Exposition Park, the California Science Center, the historic Rose Garden, BMO Stadium, and the Expo Line Metro Station offering convenient access from Downtown Los Angeles to Santa Monica .The property also provides easy access to major freeways and public transportation, further strengthening its long-term desirability and tenant demand .Adding to its exceptional appeal, the property is sitting in a 9,894 sq ft lot and it will be delivered almost vacant, offering investors a rare opportunity to immediately reposition the property, establish market rents, and maximize future income potential .This is an outstanding opportunity to acquire a well-located multifamily asset in one of Los Angeles’ most dynamic and transformative neighborhoods.

Getting Around

70
WalkingVery Walkable
68
TransitGood Transit
75
BikeVery Bikeable

Schools

6/10
Foshay Learning CenterGrades K-120.7 mi
3/10

Construction

Condition

  • Year built: 1972

Materials

  • Roof: Shingle
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Mixed Use

Interior

Appliances

  • Appliances included: Water Heater
  • Laundry features: Washer Hookup,In Kitchen

Bedrooms & Bathrooms

  • Bedrooms: 19
  • Bathrooms: 13

Features

  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

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

Interior Area

  • Total structure area: 5,726
  • Total interior livable area: 5,726 sqft

Property

Details

  • Parcel number: 5037020050
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: None

Lot

  • Lot size: 9,897 sqft
  • Features: 0-1 Unit/Acre,Corner Lot,Near Public Transit,Rectangular Lot

Parking

  • Total spaces: 10
  • Parking features: Assigned,Driveway
  • Uncovered spaces: 10