1943 W 39Th St, Los Angeles, CA 90062
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1943 W 39Th St Los Angeles, CA 90062

$907,000
  • 8 Beds
  • 4 Baths
  • 2,520 Sq.Ft.
For Sale
$907,000 Get Pre-Qualified

Map preview of 1943 W 39Th St, Los Angeles, CA 90062

Property Overview: 1943 W 39Th St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 2,520 living square feet and 5,146 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: Welcome to this fantastic investment opportunity This well maintained quadruples feature four spacious unit each boasting two bedroom and one bathroom. Perfectly situated near shopping and 8 minutes from major university in the area. Each unit comes with its own dedicated parking space, providing convenience . The layout is designed to maximize space and natural light creating an inviting atmosphere for residents to come home to. Additionally, there are exciting plans in place for an Accessory Dwelling unit ( ADU) with additional 1400 square feet , two units, and a laundry room. for additional income. The Potential for further development , quadruplex is a smart investment or those looking capitalize on n the thriving rental market. This quardruplex is to be sold together with duplex located at 3886 S Van Ness. property

Listed by Cynthia Ball-Ward | BRE #01900418 | Pinnacle Estate Properties
Last checked: 11 minutes ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
5,146
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
SR24192979
City
Los Angeles
County
Los Angeles
Time on Site
2 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,872
  • Total Rent: $1,872
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,303
  • Total Rent: $1,303
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,658
  • Total Rent: $1,658
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $58,005
  • Net Operating Income: $52,961
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,044
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $8
  • Insurance: $1,464
  • Water/Sewer: $3,580

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Property Details for 1943 W 39Th St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 2-5 Units/Acre, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5035021015
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Arlington to Van Ness to 39th ST.
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 1943 W 39Th St

Last leased for $2,104 on March 1st, 2022
  • September, 2024

  • Sep 16, 2024

    Date

    Active

    CRMLS: SR24192979

    $907,000

    Price

  • March, 2022

  • Mar 1, 2022

    Date

    Leased

    CRMLS: 21111551

    $2,104

    Price

  • Dec 10, 2021

    Date

    Active

    CRMLS: 21111551

    $2,200

    Price

  • Listing provided courtesy of CRMLS

    Newly remodeled 2 Bedroom 1 Bath apartment in Los Angeles City! Building is in close proximity to Downtown LA. Close to the 110 Freeway and Santa Monica Freeway. Unit features hardwood like flooring, tile in Kitchen & bathroom, 1 Parking Space Assigned, no laundry. Pets allowed under 30lbs.

  • April, 2002

  • Apr 30, 2002

    Date

    Sold (Public Records)

    Public Records

    $288,000

    Price

  • December, 2001

  • Dec 14, 2001

    Date

    Sold (Public Records)

    Public Records

    $155,000

    Price

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Tax History for 1943 W 39Th St

Assessed Value (2020): $389,015
Year Land Value Improved Value Assessed Value
2020 $202,612 $186,403 $389,015

Home Value Compared to the Market

This property vs the competition

1943 W 39Th St is listed 24.42% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $359.92 per/sqft which puts the price per square foot 53.14% lower than the median price per square foot for the city of Los Angeles.

About 1943 W 39Th St

Detailed summary of property

1943 W 39Th St is a fourplex located in Los Angeles, CA 90062 and is currently for sale. This fourplex offers 8 bedrooms, 4 bathrooms, roughly 2,520 living square feet, and sits on an approximately 5,146 square foot lot. 1943 W 39Th St was first listed on ArdentRealEstateGroup.com on September 17, 2024. The homeowner is currently asking $907,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 24.42% lower than the median priced home. Local competing homes currently for sale include 4417 5th Ave, 4610 Cimarron St and 4100 Denker Ave. While the average home in Los Angeles, CA is selling in 106 days, 1943 W 39Th St has a days on market of 3 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1943 W 39Th St Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1943 W 39Th St

Public county record property details
Beds
8
Baths
4
Year built
1923
Sq. Ft.
2,520
Lot Size
5,176
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
41
APN
5035-021-015

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$850,000
Median List Price/Sq.Ft.
$557
Median Sold Price
$645,000
Median Sold Price/Sq.Ft.
$477
Total Inventory
42
Median Sale to List Price %
104.88%
Avg Days on Market
19
Loan Type
Conventional (12.5%), FHA (25%), VA (0%), Cash (37.5%), Other (12.5%)

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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.