REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

GUIDE SoCal

socal@guiderealestate.com

$ 899,000

Est. payment -/mo

Save

Active

1286 W 39th Pl Los Angeles, CA 90037

5 Beds

5 Baths

1,384 SqFt

UPDATED:

09/04/2024 07:01 AM

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

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Coldwell Banker Realty

GUIDE SoCal

Broker | License ID: DRE#01976964

GUIDE SoCal

1286 W 39th Pl Los Angeles, CA 90037

Key Details

Location

Rooms

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

1286 W 39th Pl