1286 W 39th Pl Los Angeles, CA 90037
Listing Courtesy of: Combined L.A. Westside (CLAW) / Coldwell Banker Realty / Zachary Tucker

  1286 W 39th Pl Los Angeles, CA 90037

Active (23 Days)
$899,000
5
BED
5
BATH
1,384
SQFT

Description

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!

MLS #:
24-432209
Lot Size
2,117 SQFT
Type
Single-Family Home
Year Built
1921
Style
Other
Views
None
County
Los Angeles County

Listed By

Zachary Tucker, DRE #02223521 CA, Coldwell Banker Realty
Source
Combined L.A. Westside (CLAW)
Last checked Sep 19 2024 at 9:25 PM GMT+0000
Bathroom Details
Interior Features
  • Other
  • Patio Enclosed
  • Converted Bedroom
  • Basement
Property Features
  • Fireplace: None
Heating and Cooling
  • Other
  • Wall/Window
Basement Information
  • Yes
Pool Information
  • None
Flooring
  • Hardwood
Parking
  • Parking Garage: Driveway
  • Parking Garage: Driveway Gate
  • Parking Garage: Gated
  • Parking Garage: Uncovered
  • Parking Garage: Parking Space
  • Parking Garage: on Street
Stories
  • 1
Living Area
  • 1,384 sqft

Listing Brokerage Notes
Buyer Brokerage Compensation: 2.5%
*Details provided by the brokerage, not MLS (Multiple Listing Service). Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Disclaimer: Copyright 2024 CLAW MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/19/24 14:25