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    1020 W 39th Place

    Los Angeles (City), CA 90037
    • $1,400,000
    • STATUS: Active
    • ON SITE: 335 days
    • ID#: TR19285657
    UPDATED: 24 min ago
    $1,400,000
    • 4
      BEDS
    • 0.15
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 1,687
      SQFT
    • $830
      $/SQFT
    Type:
    Single-Family Home
    Built:
    1908
    County:

    School Ratings & Info

    School District:

    Description

    ***BIG REDUCTION*** Prime student housing development opportunity. Property is walking distance to the LAFC stadium, Metro Light Rail Line Expo station, serving both Downtown LA & Santa Monica and Exposition Park. The property is located approximately three blocks from the main University Park campus of the University of Southern California, a nationally recognized Pac-12 research university with 45,687 students and 19,596 faculty and staff members, the majority of whom desire to live in close proximity to campus. The property itself currently consists of a 1,687 square foot single family house on a 6,673 square foot. A developer would have the option to raze the site and construct more new units or renovate the existing house and build additional units in the rear. The property benefits from alley access as well, allowing a potential developer greater flexibility with the layout of the new construction project. (buyer to verify with the city). The area surrounding the campus has seen and will continue to see sustained appreciation due to the recently opened LA Metro Exposition Light Rail line, the LAFC stadium opened in April and the$ 1 Billion George Lucas Narrative Art museum that recently broke ground. Additionally, USC recently completed their $700-Million Mixed-Use Project at the University Village offering major national retailers, open spaces, 2,000 student housing beds and innovative academic collaboration spaces..

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-26T18:25:20.193. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Frank Kenny Real Estate Team | Keller Williams Realty South Bay. Licensed in the State of California, USA.

    www.southbaylahomesearch.com/homes/101894416
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    1020 W 39th Place Los Angeles (City), CA 90037

    • Price: $1,400,000
    • Status: Active
    • Updated: 24 min ago
    • ID#: TR19285657
    4
    Beds
    1
    Baths
    0
    ½ Baths
    0.15
    Acres
    1,687
    SQFT
    $830
    $/SQFT
    1908
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    School District:
    Los Angeles Unified
    Property Description
    ***BIG REDUCTION*** Prime student housing development opportunity. Property is walking distance to the LAFC stadium, Metro Light Rail Line Expo station, serving both Downtown LA & Santa Monica and Exposition Park. The property is located approximately three blocks from the main University Park campus of the University of Southern California, a nationally recognized Pac-12 research university with 45,687 students and 19,596 faculty and staff members, the majority of whom desire to live in close proximity to campus. The property itself currently consists of a 1,687 square foot single family house on a 6,673 square foot. A developer would have the option to raze the site and construct more new units or renovate the existing house and build additional units in the rear. The property benefits from alley access as well, allowing a potential developer greater flexibility with the layout of the new construction project. (buyer to verify with the city). The area surrounding the campus has seen and will continue to see sustained appreciation due to the recently opened LA Metro Exposition Light Rail line, the LAFC stadium opened in April and the$ 1 Billion George Lucas Narrative Art museum that recently broke ground. Additionally, USC recently completed their $700-Million Mixed-Use Project at the University Village offering major national retailers, open spaces, 2,000 student housing beds and innovative academic collaboration spaces..
    Exterior Features

    Attached Garage YN No Garage Spaces 3.00 Lot Features Near Public Transit Lot Size Source Assessor Lot Size Units Square Feet Parking Total 3.00 Pool Features None Pool Private YN No Property Attached YN No Structure Type House View None View YN No

    Interior Features

    Bathrooms Full 1 Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Laundry Features Washer Hookup Levels Two Main Level Bathrooms 1 Main Level Bedrooms 2 Room Type Bonus Room

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features Park Country Us Elevation Units Feet Land Lease YN No Laundry YN Yes Lease Considered YN No Living Area Units Square Feet New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Water Source Public Year Built Source Assessor Zoning Lard1.5

    Listing provided courtesy of Ernesto Cover of Monarch Real Estate Services


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-26T18:25:20.193. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Frank Kenny Real Estate Team | Keller Williams Realty South Bay. Licensed in the State of California, USA.

     
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    Frank Kenny Real Estate Team | Keller Williams Realty South Bay
    23670 Hawthorne Blvd #100
    Torrance CA, 90505