Share this with your friends
+16617137365
ReMax Gateway
1173 W 39th Place, Los Angeles, CA 90037
- $2,499,000
- List Price
- $2,499,000
- Status
- ACTIVE
- MLS#
- RS26214491
- Year Built
- 1921
- Lot Size
- 25,986
- Acres
- 0.60
- Lot Location
- 11-15 Units/Acre
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- One Level
Property Description
Come see this rare opportunity to own half an acre of land less than 1/2 mile from USC and steps away from Exposition Park. Excellent Location - Located minutes from USC & DTLA. Exposition Park is within walking distance. Historic South Los Angeles is a storied neighborhood. Proximity to Major Freeways – 10, 5, 110, and 60 Freeways for seamless access to major corridors. Strong Job Market - Located in an area with a Major Corporations and a skilled industrial labor pool and excellent public transit connectivity. Proximity to Ports of LA and Long Bach & Airports. 12-Unit Apartment Complex (fully leased) Eight detached 2-bed units + four 1-bed units Building Total ± 7,904 SF | Lot Size ±25,986sf Parcel No: 5037008015 (3,952sf / ±11,058sf) Parcel No: 5037008016 (3,952sf / ±14,928sf) Year Built: 1921/1926 In place rents: $9,981/mo Parking at rear of property
Additional Information
- Pool Description
- None
- Cooling Description
- None
- View
- None
- Exterior Construction
- Stucco
- Roof
- Flat
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s), All Bedrooms Down
- Attached Structure
- Attached
- Number Of Units Total
- 12
- Gross Scheduled Income
- $123,300
- Operating Expense
- 68400
Listing courtesy of Listing Agent: Matthew Souza (matts@ewrproperty.com) from Listing Office: Edgewater Realty Associates.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.