Josh Canova

Advisor | License ID: C135485

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$ 940,000

Est. payment -/mo

Sold on 03/13/2025

1486 W 39th ST Los Angeles, CA 90062

5,227 Sqft Lot

UPDATED:

Key Details

Sold Price $940,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB25021796

Sold Date 03/13/25

HOA Y/N No

Year Built 1922

Lot Size 5,227 Sqft

Property Sub-Type Quadruplex

Property Description

Excellent Opportunity to Own a Four Unit Income Property located near USC. Great for an Investor or Owner-User looking to live in one unit now while collecting rent from the other 3 units. All 4 units have 1 bedroom & 1 bathroom mixes with spacious and similar layouts. This property features 2 separate buildings on a lot with each building having (2) 1 bedroom & 1 bathroom units. Building 1 is 1,804 sf (each unit approx 900sf) and Building 2 is 1,508 sf (each unit approx 750 sf). Lot Size 5,228 sf. 1 unit has washer/dryer hookup. All units are separately metered. Tenants pay for own electricity, gas, cable. Owner Pays for water, trash, gardener. Current tenants pay $1,995/month, $1,820/month, and $1,100/month. Prime location and high demand for rentals being in close proximity to USC, Downtown LA, the Exposition Metro Line, BMO Stadium, and the LA Coliseum. Don't miss out on this Four Plex!

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAR2

Rooms

Other Rooms Two On A Lot

Interior

Interior Features All Bedrooms Down

Heating Natural Gas, Wall Furnace

Cooling None

Flooring Carpet, Laminate

Fireplaces Type None

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features None

Fence Wrought Iron

Pool None

Community Features Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

View Y/N Yes

View City Lights, Neighborhood

Private Pool No

Building

Lot Description Corner Lot, Front Yard, Value In Land

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories One

Additional Building Two On A Lot

New Construction No

Others

Senior Community No

Tax ID 5036024016

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA

Listing Terms Cash, Cash to New Loan, Conventional, FHA

Financing Conventional

Special Listing Condition Standard, Trust

Listed by Michael Pina • Silver King Brokers • 310-738-0557
Bought with Vahe Chris Mansourian • Mill Street Real Estate and Mortgage

Josh Canova

Advisor | License ID: C135485

+1(858) 361-7010

GET MORE INFORMATION