939 W College, Los Angeles, California image 1
Active Under Contract

939 W College

Los Angeles, CA 90012
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$5,790,000 $24,410/Mo
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Bed 6

Bed

Bath 5

Bath

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 quality. 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 : ResidentialIncome

Price : $5,790,000

AD Id : 87408188

MLS Id : AR26143019

Beds : 6

Lot Size : 12,175 Sqft

Year Built : 1972

Garage : 29

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Interior Features

    Roof: Flat
    Appliances: Disposal, GasRange
    Laundry Features: CommonArea

  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1972
    Building Area Total: 22677
    Construction Materials: Concrete
    Pool Features: None
    Private Pool: No
    View: CityLights

  • Lot Information

    Main Square Feet: 12175 Lot Size Acres: 0.2795 Lot Size Source: Assessor Lot Size Square Feet: 12,175 Lot Description: ThirtySixToFortyUnitsAcre,Level,NearPublicTransit,RectangularLot,StreetLevel

  • Listing Price Information

    Listing Price: $5790000
    Cash, CashToNewLoan, OwnerWillCarry, OwnerMayCarry

  • Tax Information

    Parcel Number: 5406025028 Tax Lot: 1 Annual Tax: $68749

  • Virtual Tour

    Virtual Tour (External Link)

    Parking Information

    Parking Total: 29 Assigned

    Garage Information

    Has Garage: Yes Garage Space: 29

  • Utility Information

    CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected

  • Location Information

    Direction: FWY 110 EXIT HILL ST, GO NORTH ON COLLEGE ST TOWARDS DODGER'S STADIUM. WaterSource: Public
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Nearby Home Value

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978 Chung King, Los Angeles, CA, 90012 $1,200,000 2 3 --
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1049 N Joels Place, Los Angeles, CA, 90012 $1,550,000 3 5 2,756 2,756 SqFt
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837 White Knoll Drive, Los Angeles, CA, 90012 $1,480,000 12 6 6,875 6,875 SqFt
880 W 1st Street #506, Los Angeles, CA, 90012 $605,000 2 2 1,364 1,364 SqFt

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/26/2026 @ 08:44

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

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