1286 W 39th Pl Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90037
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,384 sqft
Price per Sqft $649
MLS Listing ID 24-432209
Style Other
Bedrooms 5
Full Baths 5
HOA Y/N No
Year Built 1921
Lot Size 2,117 Sqft
Acres 0.0486
Property Description
Welcome to 1286 W. 39th Place, a beautifully renovated 5-bedroom + 5-bathroom home, perfectly positioned within close proximity to USC and USC Village. This property offers an exceptional investment opportunity with five spacious ensuite bedrooms, each equipped with its own private bathroom, ensuring comfort and convenience for tenants. Over the past five years, this home has been a highly sought-after rental for USC students. Current market rates would allow a savvy investor to rent each bedroom for $1,500/month, for a gross scheduled income of $7,500/month or $90,000/year. The 1,400 square feet of rentable space on a 2,117 square foot lot offers a prime blend of privacy and community living.The property has been meticulously updated to meet modern standards, featuring elegant hardwood floors, sleek stainless steel appliances, and luxurious quartz countertops. The kitchen and bathrooms have been thoughtfully upgraded with contemporary fixtures, including tiled showers with stylish glass enclosures. For added convenience, an in-unit washer and dryer make laundry a breeze. Outdoor spaces include a charming front porch and a spacious, gated backyard/patio area, which offers versatility as a parking area or a private outdoor retreat. The home also features a versatile tiled partial basement, complete with finished walls, lighting, and electricity--perfect for storage or use as a wine cellar. Recent upgrades to the property include a brand-new roof, copper and galvanized plumbing, as well as all-new electrical systems. The property will be delivered fully vacant upon the close of escrow. Don't miss out on this turn-key opportunity to expand your investment portfolio in one of LA's most sought-after rental markets!
Location
State CA
County Los Angeles
Area Los Angeles Southwest
Zoning LARD1.5
Rooms
Other Rooms None
Dining Room 0
Interior
Heating Other
Cooling Wall/Window
Flooring Hardwood
Fireplaces Type None
Equipment Dishwasher, Dryer, Freezer, Garbage Disposal, Refrigerator, Range/Oven, Washer
Laundry In Unit, Laundry Area
Exterior
Garage On street, Parking Space, Uncovered, Gated, Driveway Gate, Driveway
Garage Spaces 1.0
Pool None
View Y/N No
View None
Building
Story 1
Architectural Style Other
Level or Stories One
Others
Special Listing Condition Standard