1286 39th Place

Los Angeles, CA 90037

$925,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $668 / sqft

1921

calendar_month 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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 1286 39th Place
City Los Angeles
State CA
Zip 90037
County Los Angeles
Listing Agent Davis Saadian DRE#01921748
Co-Listing Agent Zachary Tucker DRE#02223521
Courtesy Of Carolwood Estates
MLS 24382563
List Price $925,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 2,117
Year Built 1921
DOM 8

Exterior Information

Maps

Listing information courtesy of: Davis Saadian, Zachary Tucker, Carolwood Estates . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 30th, 2024 at 5:13 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.