Deal numbers
A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.
Property details
- Type
- Apartment
- Bedrooms
- 12
- Building size
- 7,904 sqft
- Lot size
- 25,986 sqft
- Year built
- 1921
- Stories
- 1
- Garage spaces
- 0
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 248367469
About this property
Come see this rare opportunity to own half an acre of land less than 1/2 mile from USC and steps away from Exposition Park. Excellent Location - Located minutes from USC & DTLA. Exposition Park is within walking distance. Historic South Los Angeles is a storied neighborhood. Proximity to Major Freeways – 10, 5, 110, and 60 Freeways for seamless access to major corridors. Strong Job Market - Located in an area with a Major Corporations and a skilled industrial labor pool and excellent public transit connectivity. Proximity to Ports of LA and Long Bach & Airports. 12-Unit Apartment Complex (fully leased) Eight detached 2-bed units + four 1-bed units Building Total ± 7,904 SF | Lot Size ±25,986sf Parcel No: 5037008015 (3,952sf / ±11,058sf) Parcel No: 5037008016 (3,952sf / ±14,928sf) Year Built: 1921/1926 In place rents: $9,981/mo Parking at rear of property
Location
1173 W 39th Place
Los Angeles, Los Angeles, CA, 90037