$1,250,000
Est. payment /mo
6 Beds
3 Baths
6,755 Sqft Lot
Price Dropped by $100K
1180 W 39th Place Los Angeles, CA 90037
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25277748
Bedrooms 6
Lot Size 6,755 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
This income-producing duplex presents a compelling investment opportunity in a high-demand Los Angeles rental market near the University of Southern California. The property consists of two separate units featuring a desirable unit mix: one three-bedroom, two-bathroom residence and one three-bedroom, one-bathroom residence, offering broad tenant appeal and strong leasing fundamentals. Located on a quiet residential street, the property benefits from its proximity to major employment, educational, and entertainment hubs, including USC, the Los Angeles Memorial Coliseum, and BMO Stadium. This location consistently supports strong rental demand from students, professionals, and long-term residents alike, contributing to stable occupancy and long-term investment performance. Each unit offers functional layouts with generous living space, making the property well-suited for both current income and future rental upside. The configuration allows for multiple investment strategies, including long-term hold, value-add enhancements, or owner-occupant leverage with supplemental rental income. The unit mix also supports diversified tenant profiles, helping mitigate vacancy risk. With limited multifamily inventory in this submarket, this duplex represents an attractive opportunity for investors seeking reliable cash flow, appreciation potential, and exposure to one of Los Angeles most resilient rental corridors. Ideal for 1031 exchange buyers, portfolio expansion, or investors looking to capitalize on continued housing demand in close proximity to USC and surrounding amenities.
Location
State CA
County Los Angeles
Zoning Assessor
Direction 110fwy,Martin Luther King Jr Bl, Budlong Ave/39th Pl.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5037006009
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Probate Sbjct to Overbid
Listed by Davin Emmons HomeSmart, Evergreen Realty
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