1215 W 39th Place
Los Angeles, CA 90037
4
Bed
2
Bath
2,828Sqft
11,061Sqft(Lot)
Investor/Developer Opportunity Near USC! Zoned LAR3 with a deep 11,061 SF lot (50' x 222'), this duplex is ideally located in a high-demand rental area near Exposition Park and USC. Existing improvements include 2 detached structures totaling approx. 2,828 SF: one 1BR/1BA (788 SF) and one 3BR/1BA (2,040 SF). Property is believed to qualify for TOC Tier 3, offering potential for up to 22 units with density bonus, reduced parking, and height/setback incentives. Property will be DELIVERED VACANT! Buyer to independently verify zoning, TOC eligibility, development potential, and all regulations with the City of Los Angeles. Walk Score 96. Ideal for student housing or infill multifamily. Property to be delivered vacant at close. Do not miss this rare build opportunity.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 4Bathroom Information
Total Baths: 2 Full Baths: 2 Half Baths: 0 -
Interior Features
Fireplace: Living Room Flooring: Wood Furnished Description: Unfurnished -
Cooling Features
None Air ConditioningHeating Source
Floor Furnace Has HeatingFireplace
Fireplace Features: Living Room Has Fireplace: 1
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Building Information
Year Built: 1923 Building Area Total: 2,828 -
Security Features
Carbon Monoxide Detector(s),Smoke Detector(s) -
Pool Features
None
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2539 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 11061
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Listing Price Information
Original List Price: 1,199,000 Listing Contract Date: 2025-07-21 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5037008009
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Garage and Parking
Garage Description: OversizedHomeowners Association
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Other Property Info
Source Listing Status: Pending Source Neighborhood: C34 - Los Angeles Southwest Postal Code Plus 4: 1596 Directions: If driving North on Normandie Ave, turn right onto W 39th Place, house is to you right. Zoning: LAR3 Source Property Type: Residential Area: C34 - Los Angeles Southwest Property SubType: Single Family Residence -
Building and Construction
Property Age: 103 Common Walls: No Common Walls Structure Type: Single Family Residence Year Built Source: Vendor Enhanced Total Square Feet Living: 2828 Levels or Stories: One Building Total Stories: 1
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 227 W 41st Street, Los Angeles, CA, 90037 | $1,038,800 | 5 | 5 | 2,342 | 2,342 SqFt |
| 146 W Vernon, Los Angeles, CA, 90037 | $1,060,000 | -- | -- | 3,972 | 3,972 SqFt |
| 160 W 48th, Los Angeles, CA, 90037 | $689,900 | 3 | 3 | 1,152 | 1,152 SqFt |
| 201 W 49th, Los Angeles, CA, 90037 | $749,998 | 3 | 1 | 1,412 | 1,412 SqFt |
| 227 W 52nd Street, Los Angeles, CA, 90037 | $500,000 | 4 | 1 | 1,500 | 1,500 SqFt |
| 4211 S Flower, Los Angeles, CA, 90037 | $640,000 | 2 | 1 | 1,148 | 1,148 SqFt |
| 4260 S Figueroa Street, Los Angeles, CA, 90037 | $1,150,000 | 4 | -- | 4,516 | 4,516 SqFt |
| 545 W 41st Street, Los Angeles, CA, 90037 | $1,150,000 | 4 | -- | 3,923 | 3,923 SqFt |
| 602 W 40th Place, Los Angeles, CA, 90037 | $1,600,000 | 10 | -- | 3,692 | 3,692 SqFt |
| 536 W 42nd Street, Los Angeles, CA, 90037 | $1,055,000 | 6 | -- | 1,983 | 1,983 SqFt |
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ByOwner last updated this listing 06/16/2026 @ 13:01
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