1271 W 39Th Pl, Los Angeles, CA 90037
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1271 W 39Th Pl Los Angeles, CA 90037

$4,500,000
  • 21 Beds
  • 19 Baths
  • 10,261 Sq.Ft.
For Sale
$4,500,000 Get Pre-Qualified

Map preview of 1271 W 39Th Pl, Los Angeles, CA 90037

Property Overview: 1271 W 39Th Pl Los Angeles, CA has 21 bedrooms, 19 bathrooms, 10,261 living square feet and 11,100 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Newer custom townhouse style apartments with so many upgrades. Drive up and be taken in by the modern chic building. Enjoy the modern amenities with a spacious floor plan. Located just a few blocks from USC, Exposition Park, the Coliseum Natural History Museum, LA Memorial Coliseum and a short commute to DTLA. This location is so close to USC Campus and just a short commute into DTLA. Energy Efficient Central AC/Heat system. -Balcony. -Water resistant vinyl wood floors. -Gray Shaker cabinets with quartz countertops. -LED energy efficient recessed lighting. -In unit stackable washer and dryer -Stainless steel appliances included (refrigerator, stove & dishwasher). -Two gated/secure parking spaces. -Gated secure building with cameras. Spectrum Internet (200mps) & Cable included for tenants.

Listed by Amy Wang | BRE #01349731 | Coldwell Banker George Realty
Last checked: 2 minutes ago | Last updated: April 18th, 2024 | Source CRMLS | DOM: 18
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Home details

Lot Sq. Ft
11,100
HOA Dues
$0/mo
Year built
2019
Garage
--
Property Type:
Apartment
Status
Active
MLS#
AR24073415
City
Los Angeles
County
Los Angeles
Time on Site
21 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Electric Meters: 9
  • # of Gas Meters: 8
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,400
  • Total Rent: $3,400
  • Pro Forma/Market Rent: $3,536
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $350
  • Pro Forma/Market Rent: $3,640
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $2,808
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,328
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $220
  • Pro Forma/Market Rent: $2,288
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,400
  • Total Rent: $3,400
  • Pro Forma/Market Rent: $3,536
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,328
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,328
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.9%
  • Gross Rent Multiplier: 15.12
  • Gross Scheduled Income: $297,600
  • Net Operating Income: $220,925
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $76,675
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $853
  • New Taxes: $54,000
  • Trash: $1,848
  • Cable TV: $6,719
  • Gardener: $1,500
  • Insurance: $2,773
  • Maintenance: $1,998
  • Professional Management: $0
  • Water/Sewer: $5,964
  • Other Expenses: $1,020
  • Other Expense Description: Sec Moni

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Property Details for 1271 W 39Th Pl

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, In Kitchen, Stackable, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Dishwasher, Free-Standing Range, Gas Range, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater
Interior Features
  • Balcony, Quartz Counters, Recessed Lighting, Stone Counters, Wired for Data
  • Levels: Two
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire Sprinkler System, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Block
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 15
  • Has Parking
  • Parking Features: Assigned, Attached Carport, Covered
Lot Information
  • Lot Features: Lot 10000-19999 Sqft, Sprinklers Timer
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 5037007019
  • Year Built Source: Assessor
  • Architectural Style: Custom Built
  • Entry Level: 1
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Available, Natural Gas Available, Phone Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: South Exposition Blvd East Normandie Ave
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 1271 W 39Th Pl

Last sold for $1,443,000 on December 7th, 2017
  • April, 2024

  • Apr 12, 2024

    Date

    Active

    CRMLS: AR24073415

    $4,500,000

    Price

  • December, 2017

  • Dec 8, 2017

    Date

    Sold

    CRMLS: PW17186052

    $1,443,000

    Price

  • Nov 28, 2017

    Date

    Active Under Contract

    CRMLS: PW17186052

    $1,499,000

    Price

  • Aug 11, 2017

    Date

    Active

    CRMLS: PW17186052

    $1,499,000

    Price

  • Listing provided courtesy of CRMLS

    EIGHT UNIT APARTMENT PROJECT SHOVEL READY !!, BUILDING PERMITS ON HAND, YOU CAN STAR CONSTRUCTION TOMORROW, seller has spent almost $100,000 on permits, engineering, studies, reports, school FEES, sewer fees survey, etc. including a New 6 ft. high block 196 lineal feet, there nothing wrong with the project, seller has too much on the plate, and just needs to cash out and move to the another projects, but not distress to sell it, low ball offers will not be answered. Three Story building, garages at street level, NO EXCAVATION OR GRADING REQUIRED ! UNITS DESCRIPTION: 2= 2 Bed- 2 & 1/2 Bath, 6= 3 Bed-2 1/2 Bath, Recreation Room, plus 16 car Garages. Conveniently located just six blocks from USC and METRO station, connecting SANTA MONICA, CULVER CITY and DTLA, this are has high housing demand for the working class as well as dormitories for USC students. walking distance to Coliseum, Museums, Exposition Park and new Football Arena. Please click Supplemental to view: PROJECT DESCRIPTION, SITE PLAN, FLOOR PLANS AND ELEVATIONS SUBJECT PROPERTY SERVES ON THE BACK A TEN (10') EASEMENT RIGHT OF WAY TO 1265 W 39TH PL . FOR INGRESSES AND EGRESS

  • December, 2017

  • Dec 6, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,443,000

    Price

  • March, 2008

  • Mar 28, 2008

    Date

    Sold (Public Records)

    Public Records

    $475,000

    Price

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Tax History for 1271 W 39Th Pl

Assessed Value (2020): $2,094,937
Year Land Value Improved Value Assessed Value
2020 $1,501,297 $593,640 $2,094,937

Home Value Compared to the Market

This property vs the competition

1271 W 39Th Pl is listed 267.35% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $438.55 per/sqft which puts the price per square foot 43.34% lower than the median price per square foot for the city of Los Angeles.

About 1271 W 39Th Pl

Detailed summary of property

1271 W 39Th Pl is a apartment located in Los Angeles, CA 90037 and is currently for sale. This apartment offers 21 bedrooms, 19 bathrooms, roughly 10,261 living square feet, and sits on an approximately 11,100 square foot lot. 1271 W 39Th Pl was first listed on ArdentRealEstateGroup.com on April 13, 2024. The homeowner is currently asking $4,500,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 267.35% higher than the median priced home. Local competing homes currently for sale include 1554 S Gramercy Pl, 1435 Alvarado and 5871 S San Pedro St. While the average home in Los Angeles, CA is selling in 96 days, 1271 W 39Th Pl has a days on market of 18 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1271 W 39Th Pl 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 1271 W 39Th Pl

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
11,099
Stories
--
Type
Residential (General) (Single)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
5037-007-019

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.
$562
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
33
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), Other (0%)

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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.