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$1,750,000

FOR SALEActive

1134 W 39th

Los Angeles CA 90037

5,726

SF

Multi-Family

Type

1972

Built

$306/SF

Cost/SF

49 days on marketNalren refreshed

Listing Agent

Marina Burgos

Listing Agent

DRE #: 01818048

(818) 312-4291

Brokerage: Park Regency Realty

Location Analysis

MapProperty Location

About This Property

*** 3 UNITS WILL BE DELIVERED VACANT **** This exceptional five-unit multifamily property presents a rare value-add opportunity in the heartof rapidly evolving Exposition Park, one of Los Angeles’ most active rental markets e The property features an attractive and versatile unit mixconsisting of one 2-bedroom, 1-bathroom unit, two expansive 5-bedroom, 2-bathroom units, one 4-bedroom, 2-bathroom unit, and one 3-bedroom, 1-bathroom unit. The large unit configurations and flexible layout create outstanding income potential for investors pursuing studenthousing, traditional multifamily rentals, or alternative housing strategies in a consistently high demand location .Ideally situated 10 minutes walkdistance to the University of Southern California, the property benefits from close proximity to some of Los Angeles’ most iconic destinations,including the Los Angeles Memorial Coliseum, a featured venue for the upcoming 2028 Olympic Games, the highly anticipated Lucas Museum ofNarrative Art located less than half a mile away, only 10 minutes walk or 0.5 miles away ; Exposition Park, the California Science Center, thehistoric Rose Garden, BMO Stadium, and the Expo Line Metro Station offering convenient access from Downtown Los Angeles to Santa Monica .Theproperty also provides easy access to major freeways and public transportation, further strengthening its long-term desirability and tenantdemand .Adding to its exceptional appeal, the property is sitting in a 9,894 sq ft lot and it will be delivered almost vacant, offering investors a rareopportunity to immediately reposition the property, establish market rents, and maximize future income potential .This is an outstandingopportunity to acquire a well-located multifamily asset in one of Los Angeles’ most dynamic and transformative​​‌​​​​‌​​‌‌​​‌​​‌​​​​‌‌​​‌‌‌​​‌​​‌‌​​​‌ neighborhoods.

Property Information

Property Overview

Commercial - MultiFamily

Property Type

Active

Status

RD1.5-1-CPIO

Zoning

0.2272 acres

Lot Size

5

Total Units

5,726 SF

Square Footage

$305.62/SF

Price per SF

6.55%

Cap Rate

$115K

NOI

1,972

Year Built

2

Stories

10

Parking Total

1.75

Parking Ratio

Property Highlights

N/A Property

Prime Location with High Visibility

6.55% Cap Rate

Location Analysis

Map

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