$925,000
Active
14 Days Online
5 Beds5 Baths1,384 SQFT
Active

1286 W 39th Place Los Angeles, CA 90037

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site13 Days
  • MLS StatusActive
  • MLS ID Number24382563
  • Home Size Source N/A
  • Year Built1921
  • Lot Size0.0486 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking None
  • Parking Spaces 1
  • Number of Stories 11
  • Acreage 0.0486
  • Zoning LARD1.5
  • Listing Conditions Standard

Interior Features

  • Appliances DishwasherRefrigerator
  • Laundry Features Washer IncludedDryer Included

Community Features

  • Senior Community No
  • MLS Area C34 - Los Angeles Southwest

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Monthly Payment (Est.)

$5,033
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