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!
Property Details
Price:
$899,000
MLS #:
24432209
Status:
Active
Beds:
5
Baths:
5
Address:
1286 W 39th Place
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Aug 27, 2024
State:
CA
Finished Sq Ft:
1,384
ZIP:
90037
Lot Size:
2,117 sqft / 0.05 acres (approx)
Year Built:
1921
Schools
Interior
Appliances
Dishwasher, Disposal, Refrigerator
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Flooring
Wood
Exterior
Parking Features
Street, Parking Space, Uncovered, Gated, Driveway
Parking Spots
1.00
Pool Features
None
Spa Features
None
Stories Total
1
View
None
Financial
Map
Community
- Address1286 W 39th Place Los Angeles CA
- AreaC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
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Courtesy of Coldwell Banker Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Robert Barksdale include the name of the listing broker. Neither the listing company nor Robert Barksdale shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1286 W 39th Place
Los Angeles, CA
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