1165 West 39th Street

Los Angeles, CA 90037

$3,199,000
Price
13
Beds
14
Baths
6,135 Sq. Ft.
$521 / Sq. Ft.
6,135
Sq. Ft.
$521
per Sq. Ft.

Description

Reduced! 3 units rented! We are proud to exclusively present for sale a 100% Brand New Construction, Non-Rent-Controlled 5 Unit Residential Building in the USC area! The property features only Market Rate units with no RSO, and would command strong cash flow at market rents, with a large pool of USC Students as potential tenants! With carefully designed layouts allowing for the renting of units by the room, this property boasts 13 Bedrooms + 2 Dens (could be used as bedrooms) and 6,135 SF of rentable...Reduced! 3 units rented! We are proud to exclusively present for sale a 100% Brand New Construction, Non-Rent-Controlled 5 Unit Residential Building in the USC area! The property features only Market Rate units with no RSO, and would command strong cash flow at market rents, with a large pool of USC Students as potential tenants! With carefully designed layouts allowing for the renting of units by the room, this property boasts 13 Bedrooms + 2 Dens (could be used as bedrooms) and 6,135 SF of rentable square footage. The units all have open great rooms with Kitchen and Dining areas, they all have washers and dryers, air conditioning. The four larger units are townhouse-style and each have direct access to their own individual rooftop decks. There are four sets of Solar Panels on the roofs. Perfect for students (rent as a group or by the room!) , teachers, employees everyone. There are six parking spaces on site (four in the back and two tandem spaces in the drive way in the front) with the possibility of two more in front of the building. Or walk half a mile to the E / Expo Metro Subway station and head to the beach, Downtown LA, or connect to the rest of Southern California. The property is walking distance to USC, Exposition Park (with the Natural History Museum, the new Lucas Museum of Narrative Art, BMO Stadium, the LA Memorial Coliseum), The Shops at USC Village and much more.
  1. Listed by Dario Svidler • DRE #01884474 • Brokerage DRE #01425795 • Keller Williams Beverly Hills

Property Details for 1165 West 39th Street

Zoning
RD1.5
Parcel Number
5037010033
Total Units
5.0
Living Area
6135
Source Living Area
Developer
Area
Los Angeles Southwest (C34)
Vacancy Rate
40
Lot Size Area
6083
LISTING UPDATED: 11/08/2024 11:03 AM

Property Details for 1165 West 39th Street

StatusActive
MLS #24-417049
Days on Market156
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2024
Lot Size0.14 AC / 6,083 SF
CountyLos Angeles County

Building Information for 1165 West 39th Street

Stories3Residences-Year Built2024Building Size-Lot Size0.14 AC / 6,083 SF

Property Information for 1165 West 39th Street

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Builder
  • Number Of Stories: 3
  • Number Of Buildings: 2
  • Type Of Units: Townhms/Flat
  • View: Yes
  • View Description: Other
  • Entry Floor Number: 1
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: As Is, Other
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $242,676
  • Net Operating Income: $174,228.00
  • Gross Income: $242,676
  • Cap Rate: 5.45%
  • Gross Rent Multiplier: $13.18
  • Total Annual Expense: 61167
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: Yes
  • Paved: Yes
  • Lot Acreage: 0.1396
  • Lot Size Square Feet: 6083
  • Lot Size Dimensions: 46x132
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Assigned, Gated
  • Total Parking: 6
  • Parking Features: Assigned, Gated
Interior Features
Interior Features
  • Levels: Three Or More
  • Cooling Type: Air Conditioning, Other
  • Heating Type: Other
  • Equipment: Washer, Dryer, Dishwasher, Other, Range/Oven, Solar Panels, Microwave
  • Common Walls: Attached
  • Laundry: In Unit
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-18-2024
  • Rent Control: No
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,400.00
  • Unit Actual Rent: $3,400.00
  • Unit Projected Rent: $3,400.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,495.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,495.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $2,895.00
  • Unit Actual Rent: $2,895.00
  • Unit Projected Rent: $2,895.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,938.00
  • Unit Actual Rent: $3,938.00
  • Unit Projected Rent: $3,938.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $198,716.00
  • Assessed Improvement Percent: 20.0
  • Assessed Land Value: $794,865.00
  • Assessed Land Percent: 80
  • Assessed Total Value: $993,581.00

Property History for 1165 West 39th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1165 West 39th Street

Taxable ValueLand$810,762Additions$1,955,690Total$2,766,452
Tax Record2024$34,038 ($2,837 / month)
Home Facts
Total Finished SqFt7,632 SqFtAbove Grade Finished SqFt7,632 SqFtStories1Lot Size6,081 SqFtStyleDuplexYear Built1907ZoningLARD1.5CountyLOS ANGELESAPN5037-010-033

Schools near 1165 West 39th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 12
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Lenicia B. Weemes Elementary School
PublicK to 5

Foshay Learning Center
PublicK to 12

Manual Arts Senior High School
Public9 to 12

USC Hybrid High College Prep
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1165 West 39th Street is a multi-family home for sale in Los Angeles, CA 90037. This property was listed for sale on July 18, 2024 by Keller Williams Beverly Hills, it's currently listed at $3,199,000. It has been on the market for a total of 156 days and was last sold on June 25, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Lenicia B. Weemes Elementary School, Foshay Learning Center and Manual Arts Senior High School. 1165 West 39th Street is a 13-bed, 14-bath, 6,135 sqft multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Beverly Hills, Dario Svidler, DRE #01884474

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.