1234 W 39th Place
Los Angeles, CA, 90037
$1,100,000
16 Beds
16 Baths
8,421 SqFt
0.16 Acres
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RTI Development Project with SB8 Exemption letter in hand. Ready to Start Construction!! Perfectly designed RTI development opportunity with Ready-To-Issue (RTI) permits, located in the highly coveted USC/Exposition Park neighborhood. This site includes approved RTI plans for a 6-unit apartment building, in one of Los Angeles’ most vibrant and rapidly growing areas. The plans feature three townhome-style buildings, two of each are 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 oversized 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.

Property Details

Price:
$1,100,000
MLS #:
25576867
Status:
Pending
Beds:
16
Baths:
16
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c34losangelessouthwest
Listed Date:
Aug 11, 2025
Finished Sq Ft:
8,421
Lot Size:
6,755 sqft / 0.16 acres (approx)
Year Built:
1913
Mid Century ModernC34losangelessouthwest

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Schools

Interior

Bathrooms
16 Full Bathrooms
Cooling
Central Air
Flooring
Wood
Heating
Central

Exterior

Architectural Style
Mid Century Modern
Parking Features
Carport
Parking Spots
2.00

Financial

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Oct 19, 2025
2,197
Single Family Listed
169
Avg DOM
917
Avg $ / SqFt
$3,329,412
Avg List Price

Property Summary

    1234 W 39th Place Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90037. It is listed for $1,100,000 and features 16 beds, 16 baths, and has approximately 8,421 square feet of living space, and was originally constructed in 1913. The current price per square foot is $131. The average price per square foot for Single Family listings in Los Angeles is $917. The average listing price for Single Family in Los Angeles is $3,329,412.

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1234 W 39th Place
Los Angeles, CA