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1128 W 39th St Los Angeles, CA 90037

$2,250,000 Sold Price as of 05/26/2021

722 Beds
722 Baths
13,532 Sq.Ft.

Sold

$2,250,000 Sold Price as of 05/26/2021 Refinance Your Mortgage

Map preview of 1128 W 39th St, Los Angeles, CA 90037

Property Overview: 1128 W 39th St Los Angeles, CA has 722 bedrooms, 722 bathrooms, 13,532 living square feet and 17,363 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: OPPORTUNITY ZONE In one of downtown LAs fastest growing neighborhoods, The 39 is near the iconic Memorial Coliseum (host of the upcoming 2028 Olympics), the highly anticipated $1 billion Lucas Museum, and the expansion of the Expo light rail line. Less than a 10-minute walk to USC campus, CTIs student housing development will complement the existing residential community and embrace emerging trends in urban living such as easy access to public transportation and last-mile mobility hubs (car share, bikes, scooters), sustainable building concepts, a lower carbon footprint, and optimized space utilization. One of the worlds leading private research universities, USCs student population has grown at a consistently high annual rate - from 33,700 to 47,500 students over the last ten years - and is currently experiencing a housing shortage of approximately 12,000 beds.

Listed by Don Ashley | BRE #01988292 | Rodeo Realty

Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 54

Home details

Lot Sq. Ft: 17,363
HOA Dues: $0/mo
Year built: 1922
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 21739702
City: Los Angeles
County: Los Angeles
Time on Site: 1132 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 38
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 19
# of Beds: 38
# of Baths: 38
Furnishing: Unfurnished
Actual Rent: $3,600
Total Rent: $3,600
Pro Forma/Market Rent: $3,600

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 0
Gross Scheduled Income: --
Net Operating Income: $0
Gross Operating Income: $0

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 1128 W 39th St

Interior Features

Cooling Information

No Cooling
None

Heating Information

No Heating
None

Lot Details / Garage and Parking

Parking/Garage Information

# of Parking Spaces: 17
Has Parking

Property Information

Total # of Units: 38
Parcel Number: 5037020046

Location / Neighborhood

Location Information

Directions: From I-110 to Exit 20A MLK Jr. Two blocks west of the coliseum. Cross street is Vermont.

View more facts & features

Local Los Angeles Agent

Sale History for 1128 W 39th St

Last sold for $2,250,000 on May 26th, 2021

May, 2021
May 29, 2021

Date

Active Under Contract

CRMLS: 21739702

$2,325,000

Price
April, 2021
Apr 6, 2021

Date

Expired

CRMLS: 20667748

$2,395,000

Price
Dec 6, 2020

Date

Active

CRMLS: 20667748

$2,395,000

Price
Listing provided courtesy of CRMLS
December, 2020
Dec 6, 2020

Date

Canceled

CRMLS: 20619336

$2,395,000

Price
Dec 5, 2020

Date

Price Change

CRMLS: 20619336

$2,395,000

Price
Oct 6, 2020

Date

Withdrawn

CRMLS: 20619336

$2,700,000

Price
Aug 19, 2020

Date

Active

CRMLS: 20619336

$2,700,000

Price
Listing provided courtesy of CRMLS
July, 2019
Jul 9, 2019

Date

Sold

CRMLS: BB18235506

$1,950,000

Price
May 21, 2019

Date

Pending

CRMLS: BB18235506

$2,100,000

Price
May 21, 2019

Date

Sold

CRMLS: BB18235506

$1,950,000

Price
Mar 11, 2019

Date

Active Under Contract

CRMLS: BB18235506

$2,100,000

Price
Jan 17, 2019

Date

Price Change

CRMLS: BB18235506

$2,100,000

Price
Jan 16, 2019

Date

Price Change

CRMLS: BB18235506

$1,950,000

Price
Dec 28, 2018

Date

Active

CRMLS: BB18235506

$2,100,000

Price
Dec 10, 2018

Date

Active Under Contract

CRMLS: BB18235506

$2,100,000

Price
Nov 27, 2018

Date

Price Change

CRMLS: BB18235506

$2,100,000

Price
Oct 29, 2018

Date

Price Change

CRMLS: BB18235506

$2,299,000

Price
Sep 27, 2018

Date

Active

CRMLS: BB18235506

$2,499,999

Price
Listing provided courtesy of CRMLS

This is a must see, Investors Special! A great USC Student Housing opportunity. Huge residential lot, steps to University of Southern California, The Natural History Museum, the Los Angeles Memorial Coliseum, and the Metro Station. This lot is over 17,000 sqft. with the ability to build a large apartment complex. Do not miss out on this rare in this prime location! Property is currently a Duplex with two homes on the lot. One featuring six bedrooms and the other has two.

Continue Reading
July, 2019
Jul 9, 2019

Date

Sold

CRMLS: BB18266589

$1,950,000

Price
May 27, 2019

Date

Pending

CRMLS: BB18266589

$2,100,000

Price
May 21, 2019

Date

Active Under Contract

CRMLS: BB18266589

$2,100,000

Price
May 14, 2019

Date

Sold

CRMLS: BB18266589

$1,950,000

Price
Mar 11, 2019

Date

Active Under Contract

CRMLS: BB18266589

$2,100,000

Price
Jan 17, 2019

Date

Price Change

CRMLS: BB18266589

$2,100,000

Price
Jan 16, 2019

Date

Price Change

CRMLS: BB18266589

$1,950,000

Price
Dec 28, 2018

Date

Active

CRMLS: BB18266589

$2,100,000

Price
Dec 10, 2018

Date

Active Under Contract

CRMLS: BB18266589

$2,100,000

Price
Nov 27, 2018

Date

Price Change

CRMLS: BB18266589

$2,100,000

Price
Nov 5, 2018

Date

Active

CRMLS: BB18266589

$2,299,000

Price
Listing provided courtesy of CRMLS

This is a must see, Investors Special! A great USC Student Housing opportunity. Huge residential lot, steps to University of Southern California, The Natural History Museum, the Los Angeles Memorial Coliseum, and the Metro Station. This lot is over 17,000 sqft. with the ability to build a large apartment complex. Do not miss out on this rare in this prime location! Property is currently a Duplex with two homes on the lot. One featuring six bedrooms and the other has two.

Continue Reading
July, 2019
Jul 8, 2019

Date

Sold (Public Records)

Public Records

$1,950,000

Price
March, 2000
Mar 2, 2000

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1128 W 39th St

Assessed Value (2020): $1,950,000

Year	Land Value	Improved Value	Assessed Value
2020	$1,400,000	$550,000	$1,950,000

Home Value Compared to the Market

This property vs the competition

1128 W 39th St sold on May 26, 2021 for 82.5% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $171.81 per/sqft which puts the price per square foot 78.28% lower than the current median sale per square foot for the city of Los Angeles.

About 1128 W 39th St

Detailed summary of property

1128 W 39th St is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 722 bedrooms, 722 bathrooms, roughly 13,532 living square feet, and sits on an approximately 17,363 square foot lot. 1128 W 39th St was first listed on ArdentRealEstateGroup.com on May 29, 2021. The homeowner sold the property for $2,250,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 82.5% higher than the current median priced home. Local homes that are currently for sale include 324 W 51st St, 1731 S New Hampshire Ave and 1978 Estrella Ave. While the average home in Los Angeles, CA is selling in 100 days, 1128 W 39th St has a days on market of 54 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1128 W 39th St Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1128 W 39th St

Public county record property details

Beds: 8
Baths: 3
Year built: 1922
Sq. Ft.: 3,054
Lot Size: 17,362
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 15
APN: 5037-020-046

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$725,000

Median List Price/Sq.Ft.

$483

Median Sold Price

$750,000

Median Sold Price/Sq.Ft.

$472

Total Inventory

Median Sale to List Price %

103.45%

Avg Days on Market

Loan Type

Conventional (0%), FHA (33.33%), VA (0%), Cash (0%), Other (33.33%)

Thinking of Selling?

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(714) 706-1823

Homes for Sale Near 1128 W 39th St

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.