1623 W 39th Pl
Los Angeles, CA 90062
10 Beds10 Baths6,552 Sq Ft14 Days on Market
For Sale $1,600,000
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Courtesy of Marcus & Millichap
Listing Agent & Comments
Sevak Keshishian • Marcus & Millichap
818-212-2694 • skeshishian@marcusmillichap.com License #01887505We are proud to present the opportunity to acquire a 10-unit multifamily property in the highly desirable Exposition Park neighborhood of South Los Angeles. Built in 1930, this property features a unit mix of (10) 1Bed/1Bath units, totaling 6,552 rentable square feet on a 5,409 square foot lot. The property benefits from individual gas and electric metering, reducing operating expenses and increasing efficiency for an owner. With (5) units currently vacant, this asset presents investors an opportunity to achieve market rents and stabilize quickly. The remaining (5) occupied units have an average rent of $952, offering potential for increased income through tenant turnover or negotiated relocations. Though there is no on-site parking, its central location ensures accessibility for tenants utilizing public transit and nearby amenities. The building is ideally situated near the University of Southern California (USC), the Los Angeles Memorial Coliseum, Banc of California Stadium, and numerous employment and entertainment hubs, ensuring strong rental demand.
MLS# 25484999 • Data provided by CRMLS
Living Area | 6,552 Sq.Ft. |
---|---|
Lot Size | 5,410 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 10 |
Bathrooms | 10 |
Stories | 2 |
Year Built | 1930 |
Property Type | Multifamily |
Zoning | LAR2 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $2,882 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$1,115,560
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties, rental estimate, and sale history
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HouseCanary, Inc. Brokerage
1623 W 39th Pl, Los Angeles, CA 90062
Multifamily10 Beds10 Baths6,552 Sq Ft14 Days on Market
Listing Agent & Comments
Sevak Keshishian • Marcus & Millichap
818-212-2694 • skeshishian@marcusmillichap.com License #01887505We are proud to present the opportunity to acquire a 10-unit multifamily property in the highly desirable Exposition Park neighborhood of South Los Angeles. Built in 1930, this property features a unit mix of (10) 1Bed/1Bath units, totaling 6,552 rentable square feet on a 5,409 square foot lot. The property benefits from individual gas and electric metering, reducing operating expenses and increasing efficiency for an owner. With (5) units currently vacant, this asset presents investors an opportunity to achieve market rents and stabilize quickly. The remaining (5) occupied units have an average rent of $952, offering potential for increased income through tenant turnover or negotiated relocations. Though there is no on-site parking, its central location ensures accessibility for tenants utilizing public transit and nearby amenities. The building is ideally situated near the University of Southern California (USC), the Los Angeles Memorial Coliseum, Banc of California Stadium, and numerous employment and entertainment hubs, ensuring strong rental demand.
MLS# 25484999 • Data provided by CRMLS
Living Area | 6,552 Sq.Ft. |
---|---|
Lot Size | 5,410 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 10 |
Bathrooms | 10 |
Stories | 2 |
Year Built | 1930 |
Property Type | Multifamily |
Zoning | LAR2 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $2,882 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties, rental estimate, and sale history
New
Do you own this home?
Access your homeowner dashboard
For Sale $1,600,000
Request tour
Save
Courtesy of Marcus & Millichap
1623 W 39th Pl
Los Angeles, CA 90062
10 Beds10 Baths6,552 Sq Ft14 Days on Market
Listing Agent & Comments
Sevak Keshishian • Marcus & Millichap
818-212-2694 • skeshishian@marcusmillichap.com License #01887505We are proud to present the opportunity to acquire a 10-unit multifamily property in the highly desirable Exposition Park neighborhood of South Los Angeles. Built in 1930, this property features a unit mix of (10) 1Bed/1Bath units, totaling 6,552 rentable square feet on a 5,409 square foot lot. The property benefits from individual gas and electric metering, reducing operating expenses and increasing efficiency for an owner. With (5) units currently vacant, this asset presents investors an opportunity to achieve market rents and stabilize quickly. The remaining (5) occupied units have an average rent of $952, offering potential for increased income through tenant turnover or negotiated relocations. Though there is no on-site parking, its central location ensures accessibility for tenants utilizing public transit and nearby amenities. The building is ideally situated near the University of Southern California (USC), the Los Angeles Memorial Coliseum, Banc of California Stadium, and numerous employment and entertainment hubs, ensuring strong rental demand.
MLS# 25484999 • Data provided by CRMLS
Living Area | 6,552 Sq.Ft. |
---|---|
Lot Size | 5,410 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 10 |
Bathrooms | 10 |
Stories | 2 |
Year Built | 1930 |
Property Type | Multifamily |
Zoning | LAR2 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $2,882 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$1,115,560
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties, rental estimate, and sale history
New
Do you own this home?
Access your homeowner dashboard
For Sale $1,600,000
Request tour
Save
Courtesy of Marcus & Millichap