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2018 W 39th St, Los Angeles, CA 90008
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2018 W 39th St Los Angeles, CA 90008

$1,650,000
  • 8 Beds
  • 4 Baths
  • 4,204 Sq.Ft.
For Sale
$1,650,000 Get Pre-Qualified
Map preview of 2018 W 39th St, Los Angeles, CA 90008

Property Overview: 2018 W 39th St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 4,204 living square feet and 8,097 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: Excellent Investment income property, fully Occupied 4 units generate a stable high income. Located where Leimert Park and Exposition Park meet; while providing nearby access to both the 10 and 110 freeways. Approximately 2 miles from USC and south of Jefferson Park. This is your chance to live in one while collecting rents from the other 3 units. The property features 2 units upstairs and 2 units downstairs. All 4 units have 2 bedrooms & 1 bathroom. On-site laundry. Detached 6 garage spaces but 1 garage space is currently occupied by the washer & dryer. Behind the detached garage is some space which could be creatively put to use. Large lot size of approximately 8,097 square feet with potential to build ADU but please verify with City of Los Angeles and an architect. Separate Electricity & Gas meters to simplify management while the tall greenery in front provides privacy.

Listed by Joe Tseng | BRE #00880213 | Treeline Realty & Investment
Co-listed by Hank Hoang | BRE #01421175 | Treeline Realty & Investment
Last checked: 6 minutes ago | Last updated: September 12th, 2024 | Source CRMLS | DOM: 53

Home details

Lot Sq. Ft
8,097
HOA Dues
$0/mo
Year built
1938
Garage
5 Car
Property Type:
Fourplex
Status
Active
MLS#
AR24152385
City
Los Angeles
County
Los Angeles
Time on Site
52 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 5
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,288
  • Total Rent: $2,288
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,370
  • Total Rent: $2,370
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $113,496
  • Net Operating Income: $79,418
  • Gross Operating Income: $113,496
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $44,015
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $20,500
  • Trash: $0
  • Gardener: $840
  • Insurance: $2,644
  • Maintenance: $8,761
  • Water/Sewer: $10,295
  • Other Expenses: $427
  • Other Expense Description: HCIDLA

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Property Details for 2018 W 39th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Community, Electric Dryer Hookup, Individual Room, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Wood
  • Basement, Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Disposal, Gas Range, Range Hood, Refrigerator, Water Heater
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Door Features: Panel Doors
Exterior Features
Exterior Information
  • Roof: Flat
  • Has Fence
  • Privacy, Security, Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned, Garage Faces Front, Garage - Single Door
Lot Information
  • Lot Features: Corner Lot, Lot 6500-9999, Level, Near Public Transit, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5035003001
  • Year Built Source: Assessor
  • 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, Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: E/ Arlington, N/Martin Luther King Jr.Blvd
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 2018 W 39th St

View property's historical transactions

  • July, 2024

  • Jul 28, 2024

    Date

    Active

    CRMLS: AR24152385

    $1,650,000

    Price

Tax History for 2018 W 39th St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

2018 W 39th St is listed 37.5% higher 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 $392.48 per/sqft which puts the price per square foot 48.9% lower than the median price per square foot for the city of Los Angeles.

About 2018 W 39th St

Detailed summary of property

2018 W 39th St is a fourplex located in Los Angeles, CA 90008 and is currently for sale. This fourplex offers 8 bedrooms, 4 bathrooms, roughly 4,204 living square feet, and sits on an approximately 8,097 square foot lot. 2018 W 39th St was first listed on ArdentRealEstateGroup.com on July 29, 2024. The homeowner is currently asking $1,650,000. 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 37.5% higher than the median priced home. Local competing homes currently for sale include 4141 S Bronson Ave, 3025 Edgehill Dr and 3025 Edgehill Dr. While the average home in Los Angeles, CA is selling in 106 days, 2018 W 39th St has a days on market of 53 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 2018 W 39th St Los Angeles, CA 90008 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2018 W 39th St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90008 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$667
Median Sold Price
$1,315,000
Median Sold Price/Sq.Ft.
$602
Total Inventory
51
Median Sale to List Price %
94%
Avg Days on Market
29
Loan Type
Conventional (21.43%), FHA (0%), VA (0%), Cash (21.43%), Other (7.14%)

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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.

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