1943 West 39th Street

Los Angeles, CA 90062

$907,000
Price
8
Beds
4
Baths
2,520 Sq. Ft.
$360 / Sq. Ft.
2,520
Sq. Ft.
$360
per Sq. Ft.

Description

Welcome to this fantastic investment opportunity
This well maintained quadruples feature four spacious unit each boasting two bedroom and one bathroom. Perfectly situated near shopping and 8 minutes from major university in the area. Each unit comes with its own dedicated parking space, providing convenience . The layout is designed to maximize space and natural light creating an inviting atmosphere for residents to come home to. Additionally, there are exciting plans in place for an Accessory Dwelling
...Welcome to this fantastic investment opportunity

This well maintained quadruples feature four spacious unit each boasting two bedroom and one bathroom. Perfectly situated near shopping and 8 minutes from major university in the area. Each unit comes with its own dedicated parking space, providing convenience . The layout is designed to maximize space and natural light creating an inviting atmosphere for residents to come home to. Additionally, there are exciting plans in place for an Accessory Dwelling unit ( ADU) with additional 1400 square feet , two units, and a laundry room. for additional income. The Potential for further development , quadruplex is a smart investment or those looking capitalize on n the thriving rental market. This quardruplex is to be sold together with duplex located at 3886 S Van Ness. property 1031 Exchange
  1. Listed by Cynthia Ball-Ward • DRE #01900418 • Brokerage DRE #00905345 • Pinnacle Estate Properties • 310-927-4221

Property Details for 1943 West 39th Street

Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2520
Assessor Parcel Number
5035-021-015
Property Attached YN
true
LISTING UPDATED: 12/11/2024 08:37 AM

Property Details for 1943 West 39th Street

StatusActive
MLS #SR24192979
Days on Market78
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.12 AC / 5,146 SF
CountyLos Angeles County

Building Information for 1943 West 39th Street

Stories1Residences-Year Built1923Building Size-Lot Size0.12 AC / 5,146 SF

Property Information for 1943 West 39th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $58,005
  • Gross Scheduled Income: $58,005
  • Net Operating Income: $52,961
Expense Details
  • Operating Expense: $5,044
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,464
  • Trash Expense: $8
  • Water Sewer Expense: $3,580
  • Total Expenses: $5,044
Tax / Assessment Info
  • Tax Tract Number: 972
  • Tax Census Tract: 2314.00
  • CFD/Mello-Roos Fee: $814
  • Tax Lot: 41
Community / Development
Community / Development
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: Front Door
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Additional Parcels Description: 5035021014
  • Lot Features: 2-5 Units/Acre, Walkstreet
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,872
  • Unit Type Total Rent: $1,872
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,659
  • Unit Type Total Rent: $1,659
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,303
  • Unit Type Total Rent: $1,303
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 0

Property History for 1943 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 1943 West 39th Street

Taxable ValueLand$217,240Additions$199,860Total$417,100
Tax Record2024$5,814 ($484 / month)
Home Facts
Total Finished SqFt2,520 SqFtAbove Grade Finished SqFt2,520 SqFtLot Size5,176 SqFtStyleQuadraplexYear Built1923ZoningLAR1CountyLOS ANGELESAPN5035-021-015

Schools near 1943 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
Martin Luther King Jr. Elementary School
PublicK to 5

Foshay Learning Center
PublicK to 12

Susan Miller Dorsey Senior High School
Public9 to 12

Academy of Media Arts
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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Similar Sold Homes

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1943 West 39th Street is a multi-family home for sale in Los Angeles, CA 90062. This property was listed for sale on September 16, 2024 by Pinnacle Estate Properties, it's currently listed at $907,000. It has been on the market for a total of 78 days and was last sold on May 1, 2002. This listing's school district is Los Angeles Unified School District. Nearby schools include Martin Luther King Jr. Elementary School, Foshay Learning Center and Susan Miller Dorsey Senior High School. 1943 West 39th Street is a 8-bed, 4-bath, 2,520 sqft multi-family home built in 1923.

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 Pinnacle Estate Properties, Cynthia Ball-Ward, DRE #01900418

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.