Los Angeles, CA 90037 1286 W 39th Place

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Presented By: Zachary Tucker with Coldwell Banker Realty;
  • MLS# 24432209
  • 08/27/2024
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 5
  • SQFT • 1,384

Home Details

Welcome to 1286 W. 39th Place, a beautifully renovated 5-bedroom + 5-bathroom home, perfectly positioned within close proximity to USC and USC Village. This property offers an exceptional investment opportunity with five spacious ensuite bedrooms, each equipped with its own private bathroom, ensuring comfort and convenience for tenants. Over the past five years, this home has been a highly sought-after rental for USC students. Current market rates would allow a savvy investor to rent each bedroom for $1,500/month, for a gross scheduled income of $7,500/month or $90,000/year. The 1,400 square feet of rentable space on a 2,117 square foot lot offers a prime blend of privacy and community living.The property has been meticulously updated to meet modern standards, featuring elegant hardwood floors, sleek stainless steel appliances, and luxurious quartz countertops. The kitchen and bathrooms have been thoughtfully upgraded with contemporary fixtures, including tiled showers with stylish glass enclosures. For added convenience, an in-unit washer and dryer make laundry a breeze. Outdoor spaces include a charming front porch and a spacious, gated backyard/patio area, which offers versatility as a parking area or a private outdoor retreat. The home also features a versatile tiled partial basement, complete with finished walls, lighting, and electricity--perfect for storage or use as a wine cellar. Recent upgrades to the property include a brand-new roof, copper and galvanized plumbing, as well as all-new electrical systems. The property will be delivered fully vacant upon the close of escrow. Don't miss out on this turn-key opportunity to expand your investment portfolio in one of LA's most sought-after rental markets!
Presented By: Zachary Tucker with Coldwell Banker Realty;

Interior Features for 1286 W 39th Place

Bedrooms

Total Bedrooms5

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths5

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)Yes
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringWood
Furnished Y/NFurnished
Heating Y/NNo
Total Stories1

General for 1286 W 39th Place

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Refrigerator, Dryer, Washer
Architectural StyleSeeRemarks
Attached Garage No
Carport Y/NNo
CityLos Angeles
CoolingWallWindowUnits
CountyLos Angeles
Days on Market8
DirectionsNorth of W. Martin Luther King Jr. Blvd., east of Normandie Ave.
Full Baths5
Garage Y/NNo
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet2117.0
Lot Size UnitsSquareFeet
MLS AreaC34 - Los Angeles Southwest
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal5
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalSingleFamilyResidence
Property SubTypeSingleFamilyResidence
Property TypeResidential
Rent Control Y/NNo
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
ViewNone
View Y/NNo
Waterfront Y/NNo
Year Built1921
ZoningLARD1.5

Exterior for 1286 W 39th Place

Building Area Total1384.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions36x58
Lot Size Acres0.0486
Lot Size Area2117.0
Open Parking Y/NNo
Parking FeaturesDriveway, Gated, OneSpace, OnStreet, Uncovered
SpaNo
Total Parking1.0

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $899,000
MLS#24432209
List Date 08/27/2024
Property Type Single Family
Phone 310.658.1749
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