1215 W 39th Place, Los Angeles, CA 90037
List Price: $1.2M
Listing Status: Pending
Original List Price: $1.3M
0Days on Market: 238
4 Bedrooms · 2 Bathrooms · 2,828 sq ft
Property Type: Residential
Year Built: 1923
Lot Size: 11,061 sq ft
Private Pool: Yes
MLS Number: 25581935
About This Property
Investor/Developer Opportunity Near USC! Zoned LAR3 with a deep 11,061 SF lot (50' x 222'), this duplex is ideally located in a high-demand rental area near Exposition Park and USC. Existing improvements include 2 detached structures totaling approx. 2,828 SF: one 1BR/1BA (788 SF) and one 3BR/1BA (2,040 SF). Property is believed to qualify for TOC Tier 3, offering potential for up to 22 units with density bonus, reduced parking, and height/setback incentives. Property will be DELIVERED VACANT! Buyer to independently verify zoning, TOC eligibility, development potential, and all regulations with the City of Los Angeles. Walk Score 96. Ideal for student housing or infill multifamily. Property to be delivered vacant at close. Do not miss this rare build opportunity.
Listing provided by: Justin Borges DRE #01940318 888-652-1314 justin@theborgesrealestateteam.com, eXp Realty of Greater Los Angeles
Source: CRMLS, MLS #: 25581935
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.