1234 W 39th Place
Los Angeles, CA, 90037
$1,299,000
16 Beds
16 Baths
8,375 SqFt
0.16 Acres
Add
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
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

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

Similar Listings Nearby

1234 W 39th Place
Los Angeles, CA