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$3,199,000

Beds
13
sq ft
6,135

1165 W 39th St, Los Angeles, CA 90037

1165 W 39th St

Los Angeles, CA 90037

  • 161 days on market
    • Price drop $401,000↓
REDUCED! 3 units rented! We are proud to exclusively present for sale a 100% Brand New Construction, Non-Rent-Controlled 5 Unit Residential Building in the USC area! The property features only Market Rate units with no RSO, and would command strong cash flow at market rents, with a large pool of USC Students as potential tenants! With carefully designed layouts allowing for the renting of units by the room, this property boasts 13 Bedrooms + 2 Dens (could be used as bedrooms) and 6,135 SF of rentable square footage. The units all have open great rooms with Kitchen and Dining areas, they all have washers and dryers, air conditioning. The four larger units are townhouse-style and each have direct access to their own individual rooftop decks. There are four sets of Solar Panels on the roofs. Perfect for students (rent as a group or by the room!), teachers, employees everyone. There are six parking spaces on site (four in the back and two tandem spaces in the drive way in the front) with the possibility of two more in front of the building. Or walk half a mile to the E / Expo Metro Subway station and head to the beach, Downtown LA, or connect to the rest of Southern California. The property is walking distance to USC, Exposition Park (with the Natural History Museum, the new Lucas Museum of Narrative Art, BMO Stadium, the LA Memorial Coliseum), The Shops at USC Village and much more.

Details

Property type

Est. home value

$1,083,423

Lot size

6,083 sq ft

Price per sq ft

$522

Year built

2024

HOA

No

Price History

10/30/2024
CLAW

CLAW #24417049

Price change
$3,199,000
-11.14%
09/16/2024
CLAW

CLAW #24417049

Price change
$3,600,000
-5.26%
07/18/2024
CLAW

CLAW #24417049

Listed
$3,800,000
+297.91%

Schools & Community

Neighborhood: 

South Los Angeles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Anchor Loans Inc

Loan start date

January 2023

Original loan amount

$2,350,500

Est. remaining balance

Not provided

Interest rate

6.58%

Loan type

Building or Construction Loan

Seller

Amr Triple P Housing Partners 1 Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/26/2024 at 12:30 PM

Listing updated: 12/05/2024 at 3:05 AM

Listed by: Dario Svidler, Keller Williams Beverly Hills Phone #: (310) 432-6400

MLS: CLAW #24417049

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