1286 W 39Th Place, Los Angeles, CA 90037
-
Listed Price :
$899,000
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Beds :
5
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Baths :
5
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Property Size :
1,384 sqft
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Year Built :
1921
Property Description
Welcome to 1286 W. 39th Place, a beautifully renovated 5-bedroom + 5-bathroom home, perfectly positioned within close proximity to USC and USC Village. This property offers an exceptional investment opportunity with five spacious ensuite bedrooms, each equipped with its own private bathroom, ensuring comfort and convenience for tenants. Over the past five years, this home has been a highly sought-after rental for USC students. Current market rates would allow a savvy investor to rent each bedroom for $1,500/month, for a gross scheduled income of $7,500/month or $90,000/year. The 1,400 square feet of rentable space on a 2,117 square foot lot offers a prime blend of privacy and community living.The property has been meticulously updated to meet modern standards, featuring elegant hardwood floors, sleek stainless steel appliances, and luxurious quartz countertops. The kitchen and bathrooms have been thoughtfully upgraded with contemporary fixtures, including tiled showers with stylish glass enclosures. For added convenience, an in-unit washer and dryer make laundry a breeze. Outdoor spaces include a charming front porch and a spacious, gated backyard/patio area, which offers versatility as a parking area or a private outdoor retreat. The home also features a versatile tiled partial basement, complete with finished walls, lighting, and electricity--perfect for storage or use as a wine cellar. Recent upgrades to the property include a brand-new roof, copper and galvanized plumbing, as well as all-new electrical systems. The property will be delivered fully vacant upon the close of escrow. Don't miss out on this turn-key opportunity to expand your investment portfolio in one of LA's most sought-after rental markets!
Interior Features
| Bedroom Information |
| Bedrooms |
5 |
| Bathroom Information |
| Bathrooms |
5 |
| Flooring Information |
| Material |
Wood |
| Interior Information |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
1286 W 39Th Place |
| City |
Los Angeles |
| State |
CA |
| Zip |
90037 |
| County |
Los Angeles |
| Listing Agent |
Zachary Tucker DRE #02223521 |
| Courtesy Of |
Coldwell Banker Realty |
| List Price |
$899,000 |
| Status |
Hidden |
| Type |
Residential |
| Subtype |
Single Family Residence |
| Structure Size |
1,384 |
| Lot Size |
2,117 |
| Year Built |
1921 |
Listing information courtesy of: Zachary Tucker, Coldwell Banker Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:27 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
