Sold for $1,405,000 on 09/01/23
Listing Provided by:
Brett Lyon DRE #01717818 310-706-4066,
Lyon Stahl Investment Real Estate, Inc.,
Woody Stahl DRE #01399621 310-425-9838,
Lyon Stahl Investment Real Est
Bought with: Lyon Stahl Investment Real Estate, Inc.
$1,405,000
234 W 39th St, Los Angeles, CA 90037
10beds
9baths
5,602sqft
Mixed Use
Built in 1940
-- sqft lot
$-- Zestimate®
$251/sqft
$3,320 Estimated rent
Owner options
What's special
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.
Zillow last checked: 8 hours ago
Listing updated: September 01, 2023 at 10:38am
Listing Provided by:
Brett Lyon DRE #01717818 310-706-4066,
Lyon Stahl Investment Real Estate, Inc.,
Woody Stahl DRE #01399621 310-425-9838,
Lyon Stahl Investment Real Est
Bought with:
Brett Lyon, DRE #01717818
Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS,MLS#: SB23084029
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 9
Appliances
- Laundry: Gas Dryer Hookup
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,602
- Total interior livable area: 5,602 sqft
Property
Parking
- Total spaces: 7
- Parking features: Garage
- Garage spaces: 3
- Uncovered spaces: 4
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 7,821 sqft
- Features: 6-10 Units/Acre
Details
- Parcel number: 5122044007
- Zoning: LAM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Urban
Location
- Region: Los Angeles
HOA & financial
Other financial information
- Total actual rent: 10454
Other
Other facts
- Listing terms: Conventional