1271 West 39th Place

Los Angeles, CA 90037

$4,500,000
Price
21
Beds
23
Baths
10,261 Sq. Ft.
$439 / Sq. Ft.
10,261
Sq. Ft.
$439
per Sq. Ft.

Description

Newer custom townhouse style apartments with so many upgrades. Drive up and be taken in by the modern chic building. Enjoy the modern amenities with a spacious floor plan. Located just a few blocks from USC, Exposition Park, the Coliseum Natural History Museum, LA Memorial Coliseum and a short commute to DTLA. This location is so close to USC Campus and just a short commute into DTLA. Energy Efficient Central AC/Heat system. -Balcony. -Water resistant vinyl wood floors. -Gray Shaker cabinets with...Newer custom townhouse style apartments with so many upgrades. Drive up and be taken in by the modern chic building. Enjoy the modern amenities with a spacious floor plan. Located just a few blocks from USC, Exposition Park, the Coliseum Natural History Museum, LA Memorial Coliseum and a short commute to DTLA. This location is so close to USC Campus and just a short commute into DTLA. Energy Efficient Central AC/Heat system. -Balcony. -Water resistant vinyl wood floors. -Gray Shaker cabinets with quartz countertops. -LED energy efficient recessed lighting. -In unit stackable washer and dryer -Stainless steel appliances included (refrigerator, stove & dishwasher). -Two gated/secure parking spaces. -Gated secure building with cameras. Spectrum Internet (200mps) & Cable included for tenants. Attractive assumable loan available. Please inquire.
  1. Listed by Amy Wang • DRE #01349731 • Brokerage DRE #01121690 • Coldwell Banker George Realty • 626-625-5575

Property Details for 1271 West 39th Place

Architectural Style
Custom Built
View
None
Parking Spaces Total
15
Private Pool
No
Cooling Type
Central Forced Air
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
LISTING UPDATED: 08/09/2024 11:01 AM

Property Details for 1271 West 39th Place

StatusActive
MLS #AR24073415
Days on Market224
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2019
CountyLos Angeles County

Building Information for 1271 West 39th Place

Building/Complex1271 W 39th PlFloor-Stories2Residences-Pet Policy-Year Built2019Building Size-

Property Information for 1271 West 39th Place

Rental Info
Rental Info
  • Tenant Pays: Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $297,600
  • Gross Scheduled Income: $297,600
  • Net Operating Income: $220,925
  • Gross Multiplier: 15.12
  • Cap Rate: 4.9
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $76,675
  • Operating Expense Percent: 25.70%
  • New Taxes Expense: $54,000
  • Gardener Expense: $1,500
  • Cable TV Expense: $6,719
  • Fuel Expense: $0
  • Licenses Expense: $853
  • Security Expense: $1,000
  • Electric Expense: $0
  • Insurance Expense: $2,773
  • Maintenance Expense: $1,998
  • Professional Management Expense: $0
  • Other Expense: $1,020
  • Other Expense Description: Sec Moni
  • Trash Expense: $1,848
  • Water Sewer Expense: $5,964
  • Total Expenses: $76,675
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Census Tract: 2312.10
  • CFD/Mello-Roos Fee: $1,385
  • Tax Lot: 22
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Free-Standing Range, Gas Range, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater
  • Equipment: Dishwasher, Gas Dryer Hookup, In Kitchen, Laundry Closet Stacked, Microwave, Refrigerator, Stackable W/D Hookup, Washer Hookup
  • Interior Features: Balcony, Quartz Counters, Recessed Lighting, Stone Counters, Wired for Data
  • Water Heater Features: Tankless
  • Water Heater Type: Tankless
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Stackable, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Laminate
Exterior Features
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire Sprinkler System, Smoke Detector(s)
  • Security: Automatic Gate
  • Construction Materials: Stucco, Wood Siding
  • Exterior Construction: Stucco, Wood Siding
  • Exterior: Stucco, Wood
  • Roof: Shingle
  • Entry Location: Ground
  • Fence: Yes
  • Fencing: Block
  • Property Condition: Turnkey
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Lot 10000-19999 Sqft, Sprinklers Timer
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Available, Natural Gas Available, Phone Connected, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 0
  • Carport Spaces: 15
  • Parking Features: Assigned, Attached Carport, Covered
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,700
  • Unit Type Total Rent: $2,700
  • Unit Type Pro Forma: 2808
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,400
  • Unit Type Total Rent: $3,400
  • Unit Type Pro Forma: 3536
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,400
  • Unit Type Total Rent: $3,400
  • Unit Type Pro Forma: 3536
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,200
  • Unit Type Total Rent: $3,200
  • Unit Type Pro Forma: 3328
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,200
  • Unit Type Total Rent: $3,200
  • Unit Type Pro Forma: 3328
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,200
  • Unit Type Total Rent: $3,200
  • Unit Type Pro Forma: 3328
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,500
  • Unit Type Total Rent: $350
  • Unit Type Pro Forma: 3640
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $220
  • Unit Type Pro Forma: 2288
  • Unit Type Type: 8
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 8
  • Number With Range: 8
  • Number With Refrigerator: 8
  • Number With Disposal: 8

Property History for 1271 West 39th Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1271 West 39th Place

Taxable ValueLand$1,609,692Additions$1,746,487Total$3,356,179
Tax Record2024$41,645 ($3,470 / month)
Home Facts
Total Finished SqFt10,261 SqFtAbove Grade Finished SqFt10,261 SqFtLot Size11,100 SqFtStyleMulti-Family Res (5+ Units)Year Built2019ZoningLAR3CountyLOS ANGELESAPN5037-007-019

Schools near 1271 West 39th Place

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.

Similar Homes

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1271 West 39th Place is a multi-family home for sale in Los Angeles, CA 90037. This property was listed for sale on April 12, 2024 by Coldwell Banker George Realty, it's currently listed at $4,500,000. It has been on the market for a total of 224 days and was last sold on December 7, 2017. 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. 1271 West 39th Place is a 21-bed, 23-bath, 10,261 sqft multi-family home built in 2019.

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 Coldwell Banker George Realty, Amy Wang, DRE #01349731

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.