721 West 39th Street
$1,850,000
12
7
5,384
5,384
$344
Description
We are pleased to present this rare coastal property seconds from the cliffs of the Pacific Ocean in a quite residential neighborhood. The property is comprised of 5 units three 2b1b units and two 3b2b units. The property has been soft story retrofitted, has new exterior railings, exterior paint, and has recently undergone an interior renovation on one of the three bedroom units. The average square feet of each unit is 1,076 and boast large floorplans. Tenants can enjoy walking the cliffsides, quite...We are pleased to present this rare coastal property seconds from the cliffs of the Pacific Ocean in a quite residential neighborhood. The property is comprised of 5 units three 2b1b units and two 3b2b units. The property has been soft story retrofitted, has new exterior railings, exterior paint, and has recently undergone an interior renovation on one of the three bedroom units. The average square feet of each unit is 1,076 and boast large floorplans. Tenants can enjoy walking the cliffsides, quite peaceful surroundings, and larger units which makes this an ideal investment property. A new owner can benefit from an estimated 36% upside in rents, a great quality piece of real estate, and solid returns.
- Listed by Jonathan Weir • DRE #02038545 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 721 West 39th Street
Zoning
LAR2
Parcel Number7467021002
Total Units5.0
Living Area5384
Source Living AreaVendor Enhanced
AreaPoint Fermin (181)
Vacancy Rate0
Lot Size Area6101
LISTING UPDATED: 07/09/2024 02:26 PM
Property Details for 721 West 39th Street
Status | Active |
---|---|
MLS # | 24-403469 |
Days on Market | 157 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1964 |
Lot Size | 0.14 AC / 6,101 SF |
County | Los Angeles County |
Building Information for 721 West 39th Street
Stories2Residences-Year Built1964Building Size-Lot Size0.14 AC / 6,101 SF
Property Information for 721 West 39th Street
Property History for 721 West 39th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 721 West 39th Street
Taxable ValueLand$1,024,794Additions$837,522Total$1,862,316
Tax Record2024$23,356 ($1,946 / month)
Home Facts
Total Finished SqFt5,384 SqFtAbove Grade Finished SqFt5,384 SqFtLot Size6,101 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningLAR2CountyLOS ANGELESAPN7467-021-002
Schools near 721 West 39th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Leland Street Elementary School PublicK to 5 | ||
Richard Henry Dana Middle School Public6 to 8 | ||
San Pedro Senior High School Public9 to 12 | ||
Point Fermin Elementary School PublicK to 5 |
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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