1411 West 39th Street

Los Angeles, CA 90062

$1,450,000
Price
8
Beds
4
Baths
2,332 Sq. Ft.
$622 / Sq. Ft.
2,332
Sq. Ft.
$622
per Sq. Ft.

Description

Investor or Owner User Opportunity to purchase this well-maintained 4-unit building with great curb appeal, in an excellent location. All units are 2 bedrooms and 1 bath, 2 units up and 2 down All units are currently occupied and generate approx$ 82,000 annual gross revenue. One unit was recently upgraded the other 3 in good condition. All kitchens have granite countertops, wood laminate flooring, bathrooms updated a few years ago, large off-street parking lot with space for approx. 8 cars, low maintenance...Investor or Owner User Opportunity to purchase this well-maintained 4-unit building with great curb appeal, in an excellent location. All units are 2 bedrooms and 1 bath, 2 units up and 2 down All units are currently occupied and generate approx$ 82,000 annual gross revenue. One unit was recently upgraded the other 3 in good condition. All kitchens have granite countertops, wood laminate flooring, bathrooms updated a few years ago, large off-street parking lot with space for approx. 8 cars, low maintenance building with good tenants, close to the L. A. Coliseum, USC campus, and Natural History Museum, Seller intends to do a 1031 Exchange at no cost to buyer Showing Remarks: Please do not disturb tenants or go on site without lisitng agent. Inside with an accepted offer. Call LA 1 or LA 2 Call for more info. Seller intends to do a 1031 exchange at no cost to buyer. Agent/buyer to verify all property information including sq footage and lot size.

Listing Agents

  1. Mike King

    Mike King

    Listing Agent

    Compass

    DRE #01271449

    mike.king@compass.com

    P: (310)-259-3967

  2. Michelle Zoolalian

    Michelle Zoolalian

    Alternative Listing Agent

    Compass

    DRE #01370099

Property Details for 1411 West 39th Street

Zoning
LARD2
Style
Contemporary
Parcel Number
5036013018
Total Units
4.0
Living Area
2332
Source Living Area
Vendor Enhanced
Area
Los Angeles Southwest (C34)
Vacancy Rate
3%
LISTING UPDATED: 10/20/2024 12:01 AM

Property Details for 1411 West 39th Street

StatusActive
MLS #24-454735
Days on Market40
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.12 AC / 5,287 SF
CountyLos Angeles County
Compensation RemarksBuyers agent to put buyers' agent compensation offer in purchase agreement

Building Information for 1411 West 39th Street

Stories-Residences-Year Built1963Building Size-Lot Size0.12 AC / 5,287 SF

Property Information for 1411 West 39th Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Single Story
  • View: No
  • View Description: None
  • View: None
  • Security Features: Gated
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $79,908
  • Net Operating Income: $55,613.00
  • Gross Income: $82,380
  • Gross Rent Multiplier: $17.60
  • Actual Annual Gross Rent: $82,380.00
  • Total Annual Expense: 24295
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1214
  • Lot Size Square Feet: 5287
Parking Details
Parking Details
  • Parking Garage: Gated
  • Total Parking: 0
  • Parking Features: Gated
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Range/Oven
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-19-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,500.00
  • Unit Actual Rent: $1,500.00
  • Unit Projected Rent: $1,900.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,600.00
  • Unit Actual Rent: $1,600.00
  • Unit Projected Rent: $1,900.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,900.00
  • Unit Actual Rent: $1,900.00
  • Unit Projected Rent: $1,900.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,865.00
  • Unit Actual Rent: $1,865.00
  • Unit Projected Rent: $1,900.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $252,281.00
  • Assessed Improvement Percent: 24.39
  • Assessed Land Value: $782,075.00
  • Assessed Land Percent: 75.61
  • Assessed Total Value: $1,034,356.00

Property History for 1411 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 1411 West 39th Street

Taxable ValueLand$797,716Additions$258,186Total$1,055,902
Tax Record2024$13,086 ($1,091 / month)
Home Facts
Total Finished SqFt2,332 SqFtAbove Grade Finished SqFt2,332 SqFtLot Size5,306 SqFtStyleQuadraplexYear Built1963ZoningLARD2CountyLOS ANGELESAPN5036-013-018

Schools near 1411 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 - 5 to 8
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

Public Policy Charter
Charter5 to 8

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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1411 West 39th Street is a multi-family home for sale in Los Angeles, CA 90062. This property was listed for sale on October 12, 2024 by Compass, it's currently listed at $1,450,000. It has been on the market for a total of 40 days and was last sold on October 11, 2019. 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. 1411 West 39th Street is a 8-bed, 4-bath, 2,332 sqft multi-family home built in 1963.

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 Compass, Mike King, DRE #01271449; Compass, Michelle Zoolalian, DRE #01370099

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.