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939 W College

Los Angeles, CA 90012
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Bed 0

Bed

Bath 0

Bath

SqFt22,677

Sqft

SqFt12,175

Sqft(Lot)

REDUCED PRICE! PRICED BELOW REPLACEMENT COST. 29-Unit Value-Add Opportunity by DODGER STADIUM w/ Panoramic DTLA Views, High-Upside Asset (±76% Rental Upside), 1972’s Construction, Seller May Carry 1st Trust Deed. 939 W College St., a 29-unit value-add apartment community by the Dodger Stadium area, within the Solano Canyon neighborhood. This value-add apartment investment was built in 1972 and offers an excellent location just within walking distance to the Dodger Stadium, Elysian Park, and just minutes away to Downtown Los Angeles, Chinatown, Little Tokyo, and all the shopping and lifestyle options in those areas. The property was solidly constructed with steel and concrete construction and offered at a very low price per unit and low price per square foot for it’s location and asset q uality. The property is a podium style 4-story apartment that was built in 1972, has a large 22,677 SF building size, and situated on a ±12,171 SF LA-R4 zoned lot. It is a secured building with gated parking, has a central courtyard, shared laundry area (seller own machines), elevator, and covered garage parking. It offers a SUPERB unit mix of three (3) x 3bedroom + 2bathroom, twenty (20) x 2bedroom + 1bathroom, five (5) x 1bedroom + 1bathroom, and one (1) x Studio units. Approximately five (5) of the units have been updated (buyer to verify). Twenty-four (24) units have private balconies/patio with almost each balcony providing an unparalleled view of Downtown Los Angeles and the city. Each unit is separately metered for electricity and gas. All the units have updated electrical subpanels, and the main panels are waiting to be upgraded (pending permit from city). The property has a central water heater, shared laundry room (seller own machines), and an elevator. All the tenants are on month-to-month lease. Parking is secured provided by 29 spaces. The building has an automatic fire sprinkler in the garage area. Located strategically near Dodger Stadium and Elysian Park, this property is nestled in the heart of Los Angeles' vibrant 90012 zip code, boasting excellent walkability with a Walk Score of 85—meaning residents can ditch the car for most errands, errands that include strolling just a stone's throw (under a mile walk) to iconic Dodger Stadium for game-day thrills and Elysian Park for serene green escapes.

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Detail Ic Property Details

Property Type : Residential Income

Price : $5,790,000

AD Id : 87408188

MLS Id : AR26143019

Lot Size : 12,175 Sqft

Living Area Size : 22,677

Year Built : 1972

Garage : 29

County : Los Angeles

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Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Roof: Flat Property Appliances: Disposal,Gas Range Fireplace: None Flooring: Carpet,Tile,Vinyl,Wood
  • Cooling Features

    Wall/Window Unit(s) Air Conditioning

    Heating Source

    Wall Furnace Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1972 Building Area Total: 22,677 Construction: Concrete Roof: Flat
  • Pool Features

    None

    Laundry Features

    Common Area

    Fencing

    Wrought Iron

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2795
  • Lot Size Source: Assessor Lot Size Square Feet: 12175

  • Listing Price Information

    Original List Price: 5,790,000 Listing Contract Date: 2026-07-01
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5406025028 Annual Tax: 68749

  • Garage and Parking

    Garage Description: Assigned

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: CHNA - Chinatown Directions: FWY 110 EXIT HILL ST, GO NORTH ON COLLEGE ST TOWARDS DODGER'S STADIUM. Source Property Type: Residential Income Area: CHNA - Chinatown Property SubType: Apartment
  • Building and Construction

    Property Age: 54 Common Walls: 2+ Common Walls Property Condition: Repairs Cosmetic Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Three Or More
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1126 White Knoll Drive, Los Angeles, CA, 90012 $998,000 -- -- 2,574 2,574 SqFt
1025 White Knoll Drive, Los Angeles, CA, 90012 $1,299,000 3 3 2,660 2,660 SqFt
638 N Bunker Hill Avenue, Los Angeles, CA, 90012 $810,000 3 1 1,208 1,208 SqFt
812 Alpine Street, Los Angeles, CA, 90012 $749,000 3 1 1,252 1,252 SqFt

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ByOwner last updated this listing 07/07/2026 @ 16:08

MLS: AR26143019 LISTED BY: Handoko Chen, Growth Investment Group Pasade 626-594-4900 SOURCE: CRMLS

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