Los Angeles, CA 90008 2018 W 39th Street
$1,550,000
17 more
Presented By: Joe Tseng with Treeline Realty & Investment; 626-215-8616
- MLS# AR24152385
- 07/28/2024
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 8
Baths • 4
SQFT • 4,204
Garage • 5
Home Details
Fully Occupied 4 units generate a stable high income. Excellent investment opportunity. 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. 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.
Presented By: Joe Tseng with Treeline Realty & Investment; 626-215-8616
Interior Features for 2018 W 39th Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)Yes
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate, Wood
Heating Y/NNo
Laundry FeaturesCommonArea, WasherHookup, ElectricDryerHookup, LaundryRoom
Total Stories2
Other Rooms
Entry Level1
General for 2018 W 39th Street
Additional Parcels Y/NNo
AppliancesDisposal, GasRange, Refrigerator, RangeHood, WaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesSidewalks, Gated
CoolingWallWindowUnits
CountyLos Angeles
Current FinancingConventional
DirectionsE/ Arlington, N/Martin Luther King Jr.Blvd
DisclosuresRentControl
ElectricElectricityOnProperty
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Facing DirectionSouth
Fuel Expense0.0
Garage Spaces5.0
Garage Y/NYes
Gross Income113419.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense2644.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Exchange1031
Lot Size Square Feet8097.0
Lot Size UnitsSquareFeet
MLS AreaPHHT - Park Hills Heights
MaintenanceExpense8761.0
MobileHomeRemainsYNNo
Net Operating Income79418.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased3
Operating Expense44015.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property ConditionTurnkey
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofFlat
Security FeaturesCarbonMonoxideDetectors, GatedCommunity, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer, SewerTapPaid
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot27
Taxes$20,500
Tenant PaysElectricity, Gas
Total Actual Rent9458.0
Trash Expense0.0
UtilitiesElectricityAvailable, ElectricityConnected, NaturalGasAvailable, NaturalGasConnected, SewerAvailable, SewerConnected, WaterAvailable, WaterConnected
Water Sewer Expense10295.0
Waterfront Y/NNo
Year Built1938
Year Built SourceAssessor
ZoningLAR1
Exterior for 2018 W 39th Street
Building Area Total4204.0
Crops Included Y/NNo
Door FeaturesPanelDoors
FencingPrivacy, Security, WroughtIron
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot, Level, NearPublicTransit, Yard
Lot Size Acres0.1859
Lot Size Area8097.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned, DoorSingle, GarageFacesFront, Garage
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking5.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate