Delivered RTI — Presenting an exceptional 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.
Property Details
Price:
$1,299,000
MLS #:
25515653
Status:
Active
Beds:
16
Baths:
16
Address:
1234 W 39th Place
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Mar 27, 2025
State:
CA
Finished Sq Ft:
8,375
ZIP:
90037
Lot Size:
6,755 sqft / 0.16 acres (approx)
Year Built:
1913
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Schools
Interior
Cooling
Central Air
Fireplace Features
None
Flooring
Wood
Heating
Central
Exterior
Parking Features
Carport
Parking Spots
2.00
Pool Features
None
Spa Features
None
Stories Total
1
View
None
Financial
Map
Community
- Address1234 W 39th Place Los Angeles CA
- AreaC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
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1234 W 39th Place
Los Angeles, CA
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