1946 W 39th St, Los Angeles, CA 90062
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1946 W 39th St Los Angeles, CA 90062

$1,289,000 Sold Price as of 10/19/2023
  • 15 Beds
  • 11 Baths
  • 2,766 Sq.Ft.
Sold
$1,289,000 Sold Price as of 10/19/2023 Refinance Your Mortgage

Map preview of 1946 W 39th St, Los Angeles, CA 90062

Property Overview: 1946 W 39th St Los Angeles, CA has 15 bedrooms, 11 bathrooms, 2,766 living square feet and 6,006 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Completely remodeled in 2018, this beautifully updated Modern triplex is located in fast appreciating Leimert Park. Close to USC, SoFi Stadium, and Exposition Park. Centrally located to the Expo line and the newly opened Crenshaw line, freeways and downtown Los Angeles. All of the units were completely renovated with new kitchens, new bathrooms, new roof, central A/C and heat, new light fixtures, new windows, new wood flooring, and new concrete driveway. Perfect as an investment or live in one of the units. Each unit comes with one parking spot. Enjoy LA living at its best! 1st unit is 2/1BB, 2nd unit is a 2/2BB and 3rd unit is a free-standing and private home at the rear of property (can be delivered vacant at COE) and 3/2BB. Cap rate 7.18% and GRM 13.

Listed by Belle Tsai | BRE #01841341 | Sotheby's International Realty
Last checked: 11 minutes ago | Last updated: January 20th, 2024 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
6,006
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22135891
City
Los Angeles
County
Los Angeles
Time on Site
246 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.18%
  • Gross Rent Multiplier: 13.21
  • Gross Scheduled Income: --
  • Net Operating Income: $93,400
  • Gross Operating Income: $98,400
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1946 W 39th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Gas Cooktop, Gas Oven, Range Hood
Interior Features
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 3
  • Parcel Number: 5035020011
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Arlington and 39th St.
View more facts & features

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Sale History for 1946 W 39th St

Last leased for $2,950 on January 19th, 2024
  • January, 2024

  • Jan 19, 2024

    Date

    Leased

    CRMLS: 23322245

    $2,950

    Price

  • Oct 16, 2023

    Date

    Active

    CRMLS: 23322245

    $3,350

    Price

  • Listing provided courtesy of CRMLS

    Spacious 2 bedroom one bath fully remodeled unit with spacious bedrooms, hardwood floors open floorplan with kitchen island. Washer/Dryer in unit and stainless steel appliances. This three unit property is located minutes from USC, L.A Coliseum, Banc of California Stadium and exposition park. Freeway close and easy access Downtown Los Angeles. Updated kitchen and bathrooms, central A/C and heat, new light fixtures, double pane windows. Available for move in! Call and come by today! Applications required for each person over 18 along with credit report ($27.99 fee).

  • January, 2024

  • Jan 16, 2024

    Date

    Leased

    CRMLS: 23324559

    $3,300

    Price

  • Oct 23, 2023

    Date

    Active

    CRMLS: 23324559

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    Spacious renovated 3 bedroom 2 bath rear unit with no common walls. Hardwood floors throughout and a very spacious open floor plan. Unit boasts recessed lighting, a large renovated kitchen that looks over the spacious living area. Bathrooms have been redone, washer/dryer on site. Step up to the hall bathroom which has also been redone. The primary bedroom is ensuite with its own updated bath. The property is gated and located close to public transportation. It is a lovely neighborhood just east of Leimert. Available for a Dec 1 move in. All occupants over 18 must fill out an application ($27.99 credit check). Call to show. Do not disturb current occupant.

  • October, 2023

  • Oct 19, 2023

    Date

    Sold

    CRMLS: 22135891

    $1,289,000

    Price

  • Sep 5, 2023

    Date

    Active

    CRMLS: 22135891

    $1,289,000

    Price

  • July, 2019

  • Jul 12, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,005,000

    Price

  • July, 2019

  • Jul 8, 2019

    Date

    Sold

    CRMLS: DW19068601

    $1,005,000

    Price

  • Jun 5, 2019

    Date

    Pending

    CRMLS: DW19068601

    $999,000

    Price

  • May 23, 2019

    Date

    Price Change

    CRMLS: DW19068601

    $999,000

    Price

  • May 6, 2019

    Date

    Active

    CRMLS: DW19068601

    $1,100,000

    Price

  • Apr 15, 2019

    Date

    Active Under Contract

    CRMLS: DW19068601

    $1,100,000

    Price

  • Mar 28, 2019

    Date

    Price Change

    CRMLS: DW19068601

    $1,100,000

    Price

  • Mar 28, 2019

    Date

    Active

    CRMLS: DW19068601

    $11,000,000

    Price

  • Listing provided courtesy of CRMLS

    Attention Home Buyers and Investors! we proudly present this beautiful remodel Triplex located minutes from USC, L.A Coliseum, Banc of California Stadium and exposition park. This Triplex is located centrally to Freeway and Downtown Los Angeles. all of the units have been completely renovated with new kitchen, new bathrooms, new plumbing, new roof, central A/C and heat, new light fixtures, new windows, new wood flooring, new concrete driveway and much much more. one unit is 2 bedrooms 1 bath, 2nd unit has 2 bedrooms 2 baths and 3rd unit is 3 bedrooms and 2 baths.

  • December, 2018

  • Dec 12, 2018

    Date

    Sold

    CRMLS: DW18096118

    $520,000

    Price

  • Jul 18, 2018

    Date

    Withdrawn

    CRMLS: DW18096118

    $639,000

    Price

  • May 7, 2018

    Date

    Price Change

    CRMLS: DW18096118

    $639,000

    Price

  • Apr 26, 2018

    Date

    Active

    CRMLS: DW18096118

    $675,000

    Price

  • Listing provided courtesy of CRMLS

    Great fixer! Close to USC! Perfect for owner user or investor! Subject To Interior Inspection.Probate property! Drive By Only. Rent control

  • December, 2018

  • Dec 11, 2018

    Date

    Sold (Public Records)

    Public Records

    $520,000

    Price

  • August, 2018

  • Aug 21, 2018

    Date

    Canceled

    CRMLS: SR18174728

    $560,000

    Price

  • Jul 25, 2018

    Date

    Pending

    CRMLS: SR18174728

    $560,000

    Price

  • Jul 25, 2018

    Date

    Active

    CRMLS: SR18174728

    $560,000

    Price

  • Listing provided courtesy of CRMLS

    Investment property for sale. 3 units in total. Needs repairs. Parking is on the driveway and street parking only.

  • March, 2018

  • Mar 13, 2018

    Date

    Expired

    CRMLS: 17210584

    $480,000

    Price

  • Aug 21, 2017

    Date

    Withdrawn

    CRMLS: 17210584

    $480,000

    Price

  • Aug 19, 2017

    Date

    Active

    CRMLS: 17210584

    $480,000

    Price

  • Aug 9, 2017

    Date

    Hold

    CRMLS: 17210584

    $480,000

    Price

  • Aug 9, 2017

    Date

    Active

    CRMLS: 17210584

    $480,000

    Price

  • Jul 30, 2017

    Date

    Hold

    CRMLS: 17210584

    $480,000

    Price

  • Jul 30, 2017

    Date

    Active

    CRMLS: 17210584

    $480,000

    Price

  • Jul 21, 2017

    Date

    Hold

    CRMLS: 17210584

    $480,000

    Price

  • Jul 12, 2017

    Date

    Price Change

    CRMLS: 17210584

    $480,000

    Price

  • Apr 20, 2017

    Date

    Price Change

    CRMLS: 17210584

    $550,000

    Price

  • Mar 13, 2017

    Date

    Active

    CRMLS: 17210584

    $600,000

    Price

  • Listing provided courtesy of CRMLS

    Property needs some TLC. Great income potential. Close to Crenshaw shopping center, metro, schools and Exposition Park. Buyer must verify zoning, AS IS

Show More

Tax History for 1946 W 39th St

Assessed Value (2020): $1,005,000
Year Land Value Improved Value Assessed Value
2020 $655,000 $350,000 $1,005,000

Home Value Compared to the Market

This property vs the competition

1946 W 39th St sold on October 19, 2023 for 8.32% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $466.02 per/sqft which puts the price per square foot 38.28% lower than the current median sale per square foot for the city of Los Angeles.

About 1946 W 39th St

Detailed summary of property

1946 W 39th St is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 15 bedrooms, 11 bathrooms, roughly 2,766 living square feet, and sits on an approximately 6,006 square foot lot. 1946 W 39th St was first listed on ArdentRealEstateGroup.com on September 5, 2023. The homeowner sold the property for $1,289,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 8.32% higher than the current median priced home. Local homes that are currently for sale include 1399 W 39th St, 1399 W 39th St and 3919 Halldale Ave. While the average home in Los Angeles, CA is selling in 94 days, 1946 W 39th St has a days on market of 17 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1946 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 1946 W 39th St

Public county record property details
Beds
6
Baths
3
Year built
1948
Sq. Ft.
2,766
Lot Size
6,005
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
180
APN
5035-020-011

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
$855,000
Median List Price/Sq.Ft.
$578
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$553
Total Inventory
31
Median Sale to List Price %
85.49%
Avg Days on Market
49
Loan Type
Conventional (80%), FHA (20%), VA (0%), Cash (0%), 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.