1180 W 39th Place,Los Angeles, CA 90037
Los Angeles, CA 90037
Description
This income-producing duplex presents a compelling investment opportunity in a high-demand Los Angeles rental market near the University of Southern California. The property consists of two separate units featuring a desirable unit mix: one three-bedroom, two-bathroom residence and one three-bedroom, one-bathroom residence, offering broad tenant appeal and strong leasing fundamentals. Located on a quiet residential street, the property benefits from its proximity to major employment, educational, and entertainment hubs, including USC, the Los Angeles Memorial Coliseum, and BMO Stadium. This location consistently supports strong rental demand from students, professionals, and long-term residents alike, contributing to stable occupancy and long-term investment performance. Each unit offers functional layouts with generous living space, making the property well-suited for both current income and future rental upside. The configuration allows for multiple investment strategies, including long-term hold, value-add enhancements, or owner-occupant leverage with supplemental rental income. The unit mix also supports diversified tenant profiles, helping mitigate vacancy risk. With limited multifamily inventory in this submarket, this duplex represents an attractive opportunity for investors seeking reliable cash flow, appreciation potential, and exposure to one of Los Angeles' most resilient rental corridors. Ideal for 1031 exchange buyers, portfolio expansion, or investors looking to capitalize on continued housing demand in close proximity to USC and surrounding amenities.
Details
| MLS # | OC25277748 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 311 |
| Listing Provided By | HomeSmart, Evergreen Realty | Davin Emmons |
Features
| SQ Feet | 3,162 |
|---|---|
| Garage | 2 |
| Story(s) | 2 |
| Units | 2 |
| Building(s) | 1 |
| Acreage | 0.16 |
Interior
| Cooling | None |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
Exterior
| Lot Features | Zero To One Unit Acre |
|---|
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Curbs, Park, Street Lights, Sidewalks, Urban |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90037 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90037) | |
Price: $1,150,000 low | high Med: $817,000 sqft: 3,162 low | high Med: 3,152 $ / sqft: $364 low | high Med: $323 On site: 311 low | high Med: 154 | |
Market Activity 90037
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90037 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90037) | |
Price: $1,150,000 low | high Med: $817,000 sqft: 3,162 low | high Med: 3,152 $ / sqft: $364 low | high Med: $323 On site: 311 low | high Med: 154 | |
