1234 39th Place, Los Angeles, CA 90037
  • MLS#: 25526713 ( Single Family Residence )
  • Street Address: 1234 39th Place
  • Viewed: 2
  • Price: $1,299,000
  • Price sqft: $155
  • Waterfront: No
  • Year Built: 1913
  • Bldg sqft: 8375
  • Bedrooms: 16
  • Total Baths: 16
  • Full Baths: 16
  • Garage / Parking Spaces: 2
  • Days On Market: 98
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90037
  • Provided by: Keller Williams Beverly Hills
  • Contact: Arash Arash
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Delivered RTI Amazing development opportunity with Ready To Issue (RTI) permits, located in the highly coveted USC/Exposition Park neighborhood. This site includes pre approved RTI plans for a 6 unit student housing complex, in one of Los Angeles' most vibrant and rapidly growing areas. The plans feature two townhome style buildings, each three stories high, along with an additional two story building at the rear. The layout offers a great mix of unit types: the front building contains two townhomes, each with 3 bedrooms and 3 bathrooms; the middle building includes two townhomes, each with 4 bedrooms and 4 bathrooms; and the rear building consists of two 1 bedroom, 1 bathroom ADU's, with the potential to add more bedrooms due to available spaces. All units are thoughtfully designed to optimize both space and comfort. The property is ideally located near USC where newly constructed properties are consistently sold at premium prices or fully leased upon completion. The plans have been thoroughly vetted and are ready for immediate issuance, eliminating the typical delays associated with project approvals. With SB 8 in effect, fewer new constructions are underway, making properties like this an even rarer and more sought after asset. This presents a unique opportunity to invest in a fully planned housing development in one of Los Angeles' most dynamic neighborhoods. Just down the street from Exposition Park, home to numerous stadiums and museums, a half billion dollar project is set to be completed before the upcoming Olympics. Whether you're an investor or a developer, this project offers the potential for significant returns in an exceptionally desirable location.
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Features
Architectural Style
  1. Mid Century Modern
Baths Full
  1. 16
Baths Total
  1. 16
Common Walls
  1. No Common Walls
Cooling
  1. Central Air
Country
  1. US
Fireplace Features
  1. None
Flooring
  1. Wood
Heating
  1. Central
Levels
  1. One
Living Area Source
  1. Plans
Parcel Number
  1. 5037005003
Parking Features
  1. Carport
Pool Features
  1. None
Postalcodeplus4
  1. 1595
Property Type
  1. Single Family Residence
Spa Features
  1. None
View
  1. None
Year Built
  1. 1913
Zoning
  1. LARD1.5