Address
1020 W 39th Place Los Angeles, CA
Price
$ 1,400,000
Property Attributes
  • MLS#TR21025045
  • TypePending
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaLos Angeles Southwest
  • Zip90037
  • StyleSingle Family Residence
  • Price$ 1,400,000
  • Bedrooms4
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1687
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
Ernesto Cover with Monarch Real Estate Services.
Data Source:
CRMLS
Property 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 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.

Price History
2/6/2021 Listed $1,400,000

General Features

Community Features Park
Cooling None
Garage Spaces 3
Garage Y/N Yes
High School District Los Angeles Unified
Levels Two
MLS Area C34 - Los Angeles Southwest
Pool Features None
Property SubType Single Family Residence
Property Type Residential
Rooms Bonus Room
Sewer Public Sewer
Structure Type House
Terms Cash to New Loan
Total Units 1
View None
Zoning LARD1.5

Interior Features

Common Walls No Common Walls
Fireplace Features None
Full Baths 1
Laundry Features Washer Hookup
Living Area 1687
Main Level Bathrooms 1
Main Level Bedrooms 2
Total Baths 1
Total Bedrooms 4

Exterior Features

Lot Features Back Yard, Front Yard, Near Park
Lot Size Acres 0.15
Lot Size Area 6673
Lot Size Source Assessor
Lot Size Square Feet 6673
Lot Size Units Square Feet
Total Parking 3
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Bonus Room

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90037

Price
AVG $750K
$1.4M
Visits
AVG 84
32
Year Built
AVG 1923
1908
Walkscore
AVG 75
80
Data Provided by Walkscore ® not using MLS data

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