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$925,000
5 bed
1,384 Sqft
2,117 Sqft lot

1286 W 39th Place, Los Angeles, California 90037

  • Residential Income Property Type
  • 52 Days Time on market
  • $668 Price per sqft
  • 1921 Year Built
Property Description

We are pleased to offer the opportunity to acquire this 5-bedroom + 5-bathroom co-living/ student housing investment, located just blocks to the University of Southern California (USC). The property has been completely updated & remodeled — featuring brand new hardwood floors, stainless steel kitchen appliances, quartz counter tops, tiled showers with glass enclosures, and an in-unit washer & dryer. The building is approximately 1,400 rentable SF on a 2,117 SF lot, and will be delivered vacant upon the close of escrow. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals.

Basic Details
Residential Income
Buy
24382563
$925,000
5
1,384 Sqft
1921
2,117 Sqft
Active
Condos/Co-ops
Features
: Dryer, Dishwasher, Refrigerator, Washer
1
$0
Address
CA
Los Angeles
Los Angeles
90037
1286 W 39th Place
1286
Place
0
W119° 42' 1.1''
N34° 0' 50.3''
W
Additional Information
52
1
1
5
: One
1,384 Sqft
0 Sqft
0 Sqft
0.05 Sqft
2,117 Sqft
1
0 Sqft
LARD1.5
5037005010
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
22/04/2024 10:07:53
$0
: Standard
1286 W. 39th Place | Los Angeles 90037
Carolwood Estates
Davis Saadian
CLW-X83363
CLW-C114727
$0
7
1
36x58
1
0
0
1
5
78000
US-06037-N-5037005010-R-N
22/04/2024 17:14:39
39th
C34 - Los Angeles Southwest
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