For sale

Listing Provided by:

Joe Tseng DRE #00880213 626-215-8616,

Treeline Realty & Investment,

Hank Hoang DRE #01421175 626-523-8787,

Treeline Realty & Investment

$1,550,000

2018 W 39th St, Los Angeles, CA 90008

16beds

8baths

4,204sqft

Est.:

Quadruplex

Built in 1938

-- sqft lot

$-- Zestimate^®

$369/sqft

$-- HOA

What's special

On-site laundry

Fully Occupied 4 units generate a stable high income. Excellent investment opportunity. Located where Leimert Park and Exposition Park meet; while providing nearby access to both the 10 and 110 freeways. Approximately 2 miles from USC and south of Jefferson Park. The property features 2 units upstairs and 2 units downstairs. All 4 units have 2 bedrooms & 1 bathroom. On-site laundry. Detached 6 garage spaces but 1 garage space is currently occupied by the washer & dryer. Behind the detached garage is some space which could be creatively put to use. Large lot size of approximately 8,097 square feet with potential to build ADU but please verify with City of Los Angeles and an architect. Separate Electricity & Gas meters to simplify management while the tall greenery in front provides privacy.

499 days

59

3

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 16
Bathrooms: 8

Rooms

Room types: Basement, Kitchen, Living Room

Cooling

Wall/Window Unit(s)

Appliances

Included: Disposal, Gas Range, Refrigerator, Range Hood, Water Heater
Laundry: Common Area, Washer Hookup, Electric Dryer Hookup, Laundry Room

Features

Flooring: Laminate, Wood
Doors: Panel Doors
Has basement: Yes
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 4,204
Total interior livable area: 4,204 sqft

Property

Parking

Total spaces: 5
Parking features: Assigned, Door-Single, Garage Faces Front, Garage
Garage spaces: 5

Features

Levels: Two
Stories: 2
Entry location: 1
Pool features: None
Spa features: None
Fencing: Privacy,Security,Wrought Iron

Lot

Size: 8,097 Square Feet
Features: Corner Lot, Level, Near Public Transit, Yard

Details

Parcel number: 5035003001
Zoning: LAR1
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex
Attached to another structure: Yes

Materials

Roof: Flat

Condition

Turnkey
New construction: No
Year built: 1938

Utilities & green energy

Electric: Electricity - On Property
Sewer: Public Sewer, Sewer Tap Paid
Water: Public
Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Community & HOA

Community

Features: Sidewalks, Gated
Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $369/sqft
Tax assessed value: $1,634,231
Annual tax amount: $20,135
Date on market: 7/28/2024
Cumulative days on market: 499 days
Listing terms: Cash,Cash to New Loan,1031 Exchange
Total actual rent: 9458
Tenant pays: Electricity, Gas
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$3,163/mo

Price history

Date	Event	Price
2/6/2025	Price change	$1,550,000-6.1%$369/sqft
Source: CRMLS #AR24152385 Report a problem
7/29/2024	Listed for sale	$1,650,000+3.8%$392/sqft
Source: CRMLS #AR24152385 Report a problem
12/9/2020	Listing removed	$1,590,000$378/sqft
Source: Treeline Realty & Investment #AR20210007 Report a problem
11/25/2020	Price change	$1,590,000-5.9%$378/sqft
Source: Treeline Realty & Investment #AR20210007 Report a problem
10/8/2020	Listing removed	$2,200$1/sqft
Source: Owner Report a problem