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
See this Listing
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
- Address1234 W 39th Place Los Angeles CA
- NeighborhoodC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
Subdivisions in Los Angeles
- 1788
- 6525 La Mirada
- 6790
- Adams-Normandie
- Angeleno Heights
- ARLINGTON HEIGHTS TERRACE SUBDIVISION NO. 1
- Athens Subdivision
- Avalon Gardens
- Baldwin Hills
- Beachwood Canyon Estates
- Bel Air Crest
- Bel Air Park
- Brentwood Country Estates
- Bronson Homes
- Crestwood Hills
- Ela Hills Tr
- Gramercy Park
- Harvard Heights
- Higgins Building
- Highland Park Extension
- Kentwood
- LA PALOMA ADD
- LaBrea Vista
- Lake Hollywood Estates
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Metropolis Prop
- Metropolis Tower 1
- Mid-City Heights
- Montecito Heights
- MountainGate Country Club / The Ridge
- Mulholland Corridor
- Nelavida
- Not Applicable – 1007242
- Not Applicable-105
- Other – 0011
- OTHR
- Pickford 4
- Rampart Heights
- Sunset Terrace
- Tapestry
- The Los Feliz Oaks Neighborhood
- The Ritz Carlton Residences Los Angeles
- TRACT #8330 LOT 59
- Tract No 3643 / Hollywood Hills East
- TRACT NO. 9741
- University Heights
- W Hollywood Residences
- West Adams
- West Hollywood West
- Wisendanger\’s Prospect Park Addition
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.
Similar Listings Nearby

1234 W 39th Place
Los Angeles, CA