1215 W 39th Place, Los Angeles, CA 90037

About this single-family home

Investor/Developer Opportunity Near USC! Zoned LAR3 with a deep 11,061 SF lot (50' x 222'), this duplex is ideally located in a high-demand rental area near Exposition Park and USC. Existing improvements include 2 detached structures totaling approx. 2,828 SF: one 1BR/1BA (788 SF) and one 3BR/1BA (2,040 SF). Property is believed to qualify for TOC Tier 3, offering potential for up to 22 units with density bonus, reduced parking, and height/setback incentives. Property will be DELIVERED VACANT! Buyer to independently verify zoning, TOC eligibility, development potential, and all regulations with the City of Los Angeles. Walk Score 96. Ideal for student housing or infill multifamily. Property to be delivered vacant at close. Do not miss this rare build opportunity.

Listing description from the June 2026 sale, as reported to CRMLS.

Sale history

$1,090,000

Sold June 2026 · listed $1,199,000, orig. $1,300,000, on market July 2025 · MLS #25581935 · Source: CRMLS

Listing Agent: Justin Borges · Listing Office: eXp Realty of Greater Los Angeles · Contact: 888-652-1314 · Bought with: Katrin Ghadi · RE/MAX One

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