1952 W 39th Street
Los Angeles, CA 90062
- – beds
- – baths
- – sqft
- 7,167 sqft lot
- 1923 build
- – on site
Located in Leimert Park, 1952 W 39th Street is a well-maintained six-unit apartment building. Priced at a 4.13% Cap Rate with both units occupied, the property has upside potential to a 5.71% Cap Rate at market. Multiple capital improvements have been completed recently, including a new roof. The building is professionally managed and will be delivered with two vacancies, allowing a new owner to capture additional upside in rents. Situated in a vibrant and growing area, the property is just minutes from key landmarks such as Exposition Park, home to the California Science Center, Natural History Museum, and the iconic Los Angeles Memorial Coliseum. The University of Southern California (USC) is also nearby, offering a steady demand for housing. Additionally, the renowned Shrine Auditorium and the Crypto.com Arena (formerly Staples Center) are just a short drive away, making this an ideal location for both residents and investors.
Last checked:
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Last updated Jan 30, 2025
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MLS# 25487561 —
The Building
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Year Built:1923
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New Construction:No
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Building Area Total:3178.00
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Total Number Of Units:6
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# of Buildings:3
Interior
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Levels:One
Location
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Directions:Off of 39th and Van Ness
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Latitude:34.01436200
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Longitude:-118.31690500
The Property
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Property Type:Residential Income
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Zoning:LAR1
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Lot Size Area:7167.0000
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Lot Size Acres:0.1645
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Lot Size SqFt:7167.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5035020012
Heating & Cooling
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Heating:1
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Heating:Natural Gas
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Cooling:No
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Cooling:None
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:No
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Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/22/25
Jan 22, 2025
|
Listed / Active | CRMLS_CA | $1,575,000 | 14.5% (5.1% / YR) |
|
3/15/22
Mar 15, 2022
|
CRMLS_CA | $1,375,000 | -1.4% | |
|
12/6/21
Dec 6, 2021
|
CRMLS_CA | $1,395,000 |
