REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,375,000
Est. payment /mo
Active
1234 W 39th PL Los Angeles, CA 90037
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 8,375 sqft
Price per Sqft $164
MLS Listing ID 25506549
Bedrooms 16
Full Baths 16
HOA Y/N No
Year Built 1913
Lot Size 6,756 Sqft
Property Sub-Type Single Family Residence
Property Description
Delivered RTI -- Presenting an exceptional development opportunity with Ready-To-Issue (RTI) permits, located in the highly coveted USC/Exposition Park neighborhood. This site includes pre-approved RTI plans for a 6-unit student housing complex, in one of Los Angeles' most vibrant and rapidly growing areas. The plans feature two townhome-style buildings, each three stories high, along with an additional two-story building at the rear. The layout offers a great mix of unit types: the front building contains two townhomes, each with 3 bedrooms and 3 bathrooms; the middle building includes two townhomes, each with 4 bedrooms and 4 bathrooms; and the rear building consists of two 1-bedroom, 1-bathroom ADU's, with the potential to add more bedrooms due to available spaces. All units are thoughtfully designed to optimize both space and comfort. The property is ideally located near USC where newly constructed properties are consistently sold at premium prices or fully leased upon completion. The plans have been thoroughly vetted and are ready for immediate issuance, eliminating the typical delays associated with project approvals. With SB-8 in effect, fewer new constructions are underway, making properties like this an even rarer and more sought-after asset. This presents a unique opportunity to invest in a fully planned housing development in one of Los Angeles' most dynamic neighborhoods. Just down the street from Exposition Park, home to numerous stadiums and museums, a half-billion-dollar project is set to be completed before the upcoming Olympics. Whether you're an investor or a developer, this project offers the potential for significant returns in an exceptionally desirable location.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Flooring Wood
Fireplaces Type None
Furnishings Unfurnished
Fireplace No
Exterior
Parking Features Carport
Pool None
View Y/N No
View None
Total Parking Spaces 2
Private Pool No
Building
Story 1
Entry Level One
Architectural Style Mid-Century Modern
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5037005003
Special Listing Condition Standard
Listed by Arash Pashaei • Keller Williams Beverly Hills