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2018 W 39th Street

Los Angeles (City), CA 90008
  • $1,650,000
  • STATUS: Active
  • ON SITE: 99 Days
  • ID#: AR24152385
UPDATED: 9 min ago
$1,650,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1938
County:

School Ratings & Info

Listing Agent(s): Joe Tseng of Treeline Realty & Investment (626-656-2889) and Hank Hoang of ()


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-06T18:33:57.327. 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 deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
www.cfc-realty.com/homes/153050801
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2018 W 39th Street Los Angeles (City), CA 90008

  • Price: $1,650,000
  • Status: Active
  • On Site: 99 Days
  • Updated: 9 min ago
  • ID#: AR24152385
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1938
Built
Neighborhood:
PHHT - Park Hills Heights
County:
Los Angeles
Area:
PHHT - Park Hills Heights
Property Description
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.
Exterior Features

Direction Faces South Entry Level 1 Entry Location 1 Fencing PrivacySecurityWrought Iron Lot Features Corner LotLevelNear Public TransitYard Number Of Separate Electric Meters 5 Parking Features AssignedDoor-SingleGarage Faces FrontGarage Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Flat Spa Features None Spa YN No

Interior Features

Appliances DisposalGas RangeRefrigeratorRange HoodWater Heater Basement YN Yes Common Walls 1 Common Wall Cooling Wall/Window Unit(s) Cooling YN Yes Door Features Panel Doors Fireplace Features None Fireplace YN No Flooring LaminateWood

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features SidewalksGated Current Financing Conventional Disclosures Rent Control Electric Electricity - On Property Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 113419 Gross Scheduled Income 113496 Insurance Expense 2644 Land Lease YN No Laundry Features Common AreaWasher HookupElectric Dryer HookupLaundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Limited Service Listing Terms CashCash to New Loan1031 Exchange Maintenance Expense 8761 Net Operating Income 79418 New Construction YN No New Taxes Expense 20500 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 44015 Other Expense 427 Possession Close Of Escrow Property Condition Turnkey Property Sub Type Quadruplex Rent Control YN Yes Security Features Carbon Monoxide Detector(s)Gated CommunitySmoke Detector(s) Senior Community YN No Sewer Public SewerSewer Tap Paid Special Listing Conditions Standard Supplies Expense 548 Tenant Pays ElectricityGas Total Actual Rent 9458 Trash Expense 0 Utilities Electricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedSewer AvailableSewer ConnectedWater AvailableWater Connected Water Sewer Expense 10295 Water Source Public Zoning LAR1



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-06T18:33:57.327. 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 deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
 
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CFC Realty, Inc
931 Pueblo Drive
Lake Havasu City AZ, 86406
Listing Agent(s): Joe Tseng of Treeline Realty & Investment (626-656-2889) and Hank Hoang of ()