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  • 1191 W 39th Pl Los Angeles
  • Listing Price: $925,000 Sold Price: $925,000
    Beds: 6  |  Baths: 6
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    • MLS#: 25523615
    • APN#: 5037-008-013
    • Status: Sold
    • Lot Size: 11060
    • Sq Ft: 3912
    • Beds: 6
    • Baths: 6
    • Style: N/A
    • Year Built: 1928
    • Subdivision:  
    • Roof: N/A
    • Spa: N/A
    • Tennis: N/A
    • Laundry: N/A
    • Heat: Other
    • Air: Other
    • Property Type: Income
    • Sale Type: Standard
    • Land Type: N/A
    • Lease Amount: N/A
    • Lease Exp: N/A
    • HOD: N/A
    • Area: Los Angeles Southwest 
    • City: Los Angeles
    • Zip code: 90037
    • Map: N/A
    • View: N/A
    • Waterfront: N/A
    • Sewer: N/A
    • Parking # N/A
    • Security: N/A
    •    
    • Amenities: N/A
    • Pool:
    • Floor: N/A
    • Rooms: N/A
    • Fireplace: N/A
    • Parking: Unassigned

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We are pleased to present a six (6) unit apartment building located at 1191 W 39th Place in Los Angeles, California. The subject property is located in a great South LA location, south of Exposition Boulevard and east of Normandie Avenue. 1191 W 39th Place is a charming 6-unit bungalow-style apartment community located directly adjacent from Exposition Park/USC. Built in 1928, this character-rich property features six (6)1-bedroom/1-bathroom units. Two units will be delivered vacant at close, giving investors the rare opportunity to bring in market rents from day one. The standalone bungalow-style units are highly sought after by tenants, offering privacy and charm rarely found in larger multifamily buildings. The surrounding neighborhood is experiencing a surge of new development bordered by the newly built George Lucas Museum, expansion of Expo Park, and newly residential apartment buildings at 1249 W 39th Pl and 1271 W 39th Pl. This area is poised for even greater growth, making it an attractive investment opportunity in the South LA area. Situated in a great South LA Location, this property offers investors a unique opportunity to capitalize on a 40% rental upside potential, allowing for substantial income growth and a strong return on investment as the area continues to appreciate.
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Last Updated: 5/16/2025 3:27:08 PM
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