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1623 W 39th Place
USD 1,600,000
Property ID: 25484999
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1623 W 39th Place ,90062
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icon 5409 SqFt
icon Built in 1930
icon USD 296/SqFt
icon 10 Beds
icon 10 Full
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Location
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Interior Details
Bedrooms
10
Bathrooms
10
Interior Size
6552
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1930
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Detailed Introduction Of This Home
We are proud to present the opportunity to acquire a 10-unit multifamily property in the highly desirable Exposition Park neighborhood of South Los Angeles. Built in 1930, this property features a unit mix of (10) 1Bed/1Bath units, totaling 6,552 rentable square feet on a 5,409 square foot lot. The property benefits from individual gas and electric metering, reducing operating expenses and increasing efficiency for an owner. With (5) units currently vacant, this asset presents investors an opportunity to achieve market rents and stabilize quickly. The remaining (5) occupied units have an average rent of $952, offering potential for increased income through tenant turnover or negotiated relocations. Though there is no on-site parking, its central location ensures accessibility for tenants utilizing public transit and nearby amenities. The building is ideally situated near the University of Southern California (USC), the Los Angeles Memorial Coliseum, Banc of California Stadium, and numerous employment and entertainment hubs, ensuring strong rental demand.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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1623 W 39th Place
USD 1,600,000 10 Beds
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