1020 West 39th Place

Los Angeles, CA 90037

$1,200,000
Last Sold Price
4
Beds
1
Bath
1,687 Sq. Ft.
$711 / Sq. Ft.
1,687
Sq. Ft.
$711
per Sq. Ft.

Description

Prime student housing development opportunity. Property is walking distance to the LAFC stadium, Metro Light Rail Line Expo station, serving both Downtown LA & Santa Monica and Exposition Park. The property is located approximately three blocks from the main University Park campus of the University of Southern California, a nationally recognized Pac-12 research university with 45,687 students and 19,596 faculty and staff members, the majority of whom desire to live in close proximity to campus. The...Prime student housing development opportunity. Property is walking distance to the LAFC stadium, Metro Light Rail Line Expo station, serving both Downtown LA & Santa Monica and Exposition Park. The property is located approximately three blocks from the main University Park campus of the University of Southern California, a nationally recognized Pac-12 research university with 45,687 students and 19,596 faculty and staff members, the majority of whom desire to live in close proximity to campus. The property itself currently consists of a 1,687 square foot single family house on a 6,673 square foot. A developer would have the option to raze the site and construct more new units or renovate the existing house and build additional units in the rear. The property benefits from alley access as well, allowing a potential developer greater flexibility with the layout of the new construction project. (buyer to verify with the city). The area surrounding the campus has seen and will continue to see sustained appreciation due to the recently opened LA Metro Exposition Light Rail line, the LAFC stadium opened in April and the$ 1 Billion George Lucas Narrative Art museum that recently broke ground. Additionally, USC recently completed their $700-Million Mixed-Use Project at the University Village offering major national retailers, open spaces, 2,000 student housing beds and innovative academic collaboration spaces.
  1. Listed by Ernesto Cover • DRE #01347921 • Brokerage DRE #01985070 • Monarch Real Estate Services
  2. Listed by Jonathan Mendoza • DRE #01755579 • Brokerage DRE #01985070 • Monarch Real Estate Services

Property Details for 1020 West 39th Place

View
None
Parking Spaces Total
3
Private Pool
No
Cooling Type
N/K
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1687

Location

Listing Courtesy of Monarch Real Estate Services, Ernesto Cover, DRE #01347921; Monarch Real Estate Services, Jonathan Mendoza, DRE #01755579

Sold By Monarch Real Estate Services, Ernesto Cover, DRE #01347921; Monarch Real Estate Services, Jonathan Mendoza, DRE #01755579

Add your commute
LISTING UPDATED: 05/05/2022 02:49 AM

Property Details for 1020 West 39th Place

StatusClosed
MLS #TR21025045
Days on Market35
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1908
Lot Size0.15 AC / 6,673 SF
CountyLos Angeles County

Location

Listing Courtesy of Monarch Real Estate Services, Ernesto Cover, DRE #01347921; Monarch Real Estate Services, Jonathan Mendoza, DRE #01755579

Sold By Monarch Real Estate Services, Ernesto Cover, DRE #01347921; Monarch Real Estate Services, Jonathan Mendoza, DRE #01755579

Add your commute

Building Information for 1020 West 39th Place

Stories2Year Built1908Building Size-Lot Size0.15 AC / 6,673 SF

Payment Calculator

$7,816 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$1,267

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1020 West 39th Place

Income / Expense / Tax Details
Income Details
  • Financing: Cash to New Loan
Tax / Assessment Info
  • Tax Block: D
  • Tax Tract Number: 34
  • Tax Census Tract: 2312.20
  • Tax Lot: 6
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Park
Property / Structure Info
Interior Features
  • Room Type: Bonus Room
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Laundry Utilities: Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: None
Exterior Features
  • Structure Type: House
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Park Nearby
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Attached Garage: No
Property / Structure Info
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 1020 West 39th Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1020 West 39th Place

Taxable ValueLand$979,200Additions$244,800Total$1,224,000
Tax Record2023$15,205 ($1,267 / month)
Home Facts
Beds4Total Finished SqFt1,687 SqFtAbove Grade Finished SqFt1,687 SqFtStories2Lot Size6,673 SqFtStyleSingle Family ResidenceYear Built1908ZoningLARD1.5CountyLOS ANGELESAPN5037-022-005

Schools near 1020 West 39th Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 12
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Lenicia B. Weemes Elementary School
PublicK to 5

Foshay Learning Center
PublicK to 12

Manual Arts Senior High School
Public9 to 12

USC Hybrid High College Prep
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Monarch Real Estate Services, Ernesto Cover, DRE #01347921; Monarch Real Estate Services, Jonathan Mendoza, DRE #01755579

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.