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1166 W 39th Pl
Los Angeles, CA 90037 South Central LA

$1,049,000 USD

Apartments For Sale • 2,695 SF

Property Details

Property Type Apartments
Total Building Size 2,695 SF
Lot Size 0.16 AC
Building Class C
Year Built 1915
Cap Rate 6.83 %
Zoning LARD 1.5

68 Transit Score

73 Walk Score

                
                    Highlights
                
                                High demand rental area
                            
                                Two detached buildings on one lot
                            
                                LARD 1.5 zoning provides the ability for redevelopment or value add
                            
                                Located just minutes from USC
                            
                                Possibility of FHA financing
                            
                                Possibility of transitional housing

Financial Summary (Proforma)

Net Operating Income: $71,661 USD (2025)

Cap Rate:	6.83 %
Total Expenses:	$38,739 USD

Amenities

Air Conditioning
Balcony
Microwave
Washer/Dryer
Heating
Ceiling Fans
Tile Floors
Kitchen
Hardwood Floors
Refrigerator
Oven
Stainless Steel Appliances
Range
Tub/Shower
Carpet
Deck
Dining Room
Pantry
Porch
Private Bathroom

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	10 min	-	5.4 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	12 min	-	5.6 mi
Transit/Subway	Drive	Walk	Distance
Expo/Vermont (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	10 min	0.6 mi
Expo Park/Usc (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	16 min	0.8 mi
Expo/Western (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	19 min	1.0 mi
Airport	Drive	Walk	Distance
Los Angeles International	19 min	-	10.1 mi
Bob Hope	28 min	-	15.7 mi
Long Beach (Daugherty Field)	27 min	-	20.4 mi

Daniel Perlstein 310-382-0679 Danco, INC

1166 W 39th Pl Los Angeles, CA 90037 South Central LA