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234 39th Street

Los Angeles, CA 90037

$1,405,000 Sale Price
Est. Payment: $ 0/mo
10
Bed
0
Bath
5,602 Sq. Ft.
$267 / Sq. Ft.
Sold

234 39th Street

Los Angeles, CA 90037

Sold
$1,405,000 Sale Price
$0/mo
10
Bed
0
Bath
5,602
Sq. Ft.
This 8-unit property offers a unit mix of (6) 1-Bed/1-Bath, (1) 2-Bed/1.5-Bath, and (1) 2-Bed/1-Bath across three buildings totaling 7,821 SF at $266.87/SF. With a current CAP of 5.77% and a GRM of 11.27, the property offers huge upside potential with a market CAP of 9.51% and a market GRM of 7.81. Located just half a mile from The Coliseum and USC Campus in South LA, this property is ideally situated for a yield-focused investor looking for a profitable opportunity in a growing area.
PROPERTY INFORMATION
MLS # SB23084029 Lot Size 7,821 Sq. Ft.
HOA Fees $0/Monthly Property Type Commercial/Residential
Price $ 1,495,000
Price Per SqFt: $ 267
DOM 714 Days
Address 234 39th Street Type Residential Income
City Los Angeles Sq.Ft. 5,602 Sq. Ft.
Postal Code 90037 Garage 3
County Los Angeles Year Built 1940
Bed / Bath 10 / 0 Parking 7
Built In 1940 Status Closed
Sold Date 2023-09-01
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Gas Dryer Hookup
EntryLocation 1
Entry Level 1
EXTERIOR FEATURES
Has Pool No
Pool None
WALKSCORE
  Walk Score: 88 (Very Walkable)
  Transit Score: 75 (Excellent Transit)
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,595
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
08/01/2023 Pending $1,495,000
07/12/2023 Price Change (Relisted) $1,495,000 (-14.57%)
05/22/2023 Listed $1,750,000
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Listing provided courtesy of Brett Lyon, Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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