1134 W 39th, Los Angeles, CA 90037
sale
$1,750,000
|
Other
Courtesy Of Management Systems, Corporation
*** 3 UNITS WILL BE DELIVERED VACANT **** This exceptional five-unit multifamily property presents a rare value-add opportunity in the heartof rapidly evolving Exposition Park, one of Los Angeles' most active rental markets e The property features an attractive and versatile unit mixconsisting of one 2-bedroom, 1-bathroom unit, two expansive 5-bedroom, 2-bathroom units, one 4-bedroom, 2-bathroom unit, and one 3-bedroom, 1-bathroom unit. The large unit configurations and flexible layout create outstanding income potential for investors pursuing studenthousing, traditional multifamily rentals, or alternative housing strategies in a consistently high demand location .Ideally situated 10 minutes walkdistance to the University of Southern California, the property benefits from close proximity to some of Los Angeles' most iconic destinations,including the Los Angeles Memorial Coliseum, a featured venue for the upcoming 2028 Olympic Games, the highly anticipated Lucas Museum ofNarrative Art located less than half a mile away, only 10 minutes walk or 0.5 miles away ; Exposition Park, the California Science Center, thehistoric Rose Garden, BMO Stadium, and the Expo Line Metro Station offering convenient access from Downtown Los Angeles to Santa Monica .Theproperty also provides easy access to major freeways and public transportation, further strengthening its long-term desirability and tenantdemand .Adding to its exceptional appeal, the property is sitting in a 9,894 sq ft lot and it will be delivered almost vacant, offering investors a rareopportunity to immediately reposition the property, establish market rents, and maximize future income potential .This is an outstandingopportunity to acquire a well-located multifamily asset in one of Los Angeles' most dynamic and transformative neighborhoods.
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Property Features
- Age: Over 50 Years Old
- Cooling System: Window Unit(s)
- Cooling System: Wall/Window Unit(s)
- MLSID: SR26205224
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