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1180 W 39th Place

Los Angeles, CA 90037
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Bed 6

Bed

Bath 3

Bath

SqFt6,755

Sqft(Lot)

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 uni t 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,150,000

AD Id : 71285260

MLS Id : OC25277748

Beds : 6

Lot Size : 6,755 Sqft

Year Built : 1910

Garage : 2

County : Los Angeles

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Central Cooling: None

  • Building Information

    Year Built: 1910
    Building Area Total: 3162
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 6755 Lot Size Acres: 0.1551 Lot Size Source: Assessor Lot Size Square Feet: 6,755 Lot Description: ZeroToOneUnitAcre

  • Listing Price Information

    Listing Price: $1150000
    Original Price: $1350000
    Cash, CashToNewLoan, Conventional, FHA

  • Tax Information

    Parcel Number: 5037006009 Tax Lot: 8 Tax Block: A

  • Parking Information

    Parking Total: 2

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: 110fwy,Martin Luther King Jr Bl, Budlong Ave/39th Pl. WaterSource: Public
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Nearby Home Value

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134 W 49th, Los Angeles, CA, 90037 $888,999 8 3 2,342 2,342 SqFt
3830 S Figueroa Street, Los Angeles, CA, 90037 $2,000,000 5 3 --
348 W Vernon Avenue, Los Angeles, CA, 90037 $775,000 3 4 2,940 2,940 SqFt
237 W 50th, Los Angeles, CA, 90037 $699,000 4 2 2,019 2,019 SqFt
323 W 47th, Los Angeles, CA, 90037 $839,000 6 2 1,925 1,925 SqFt
458 W Vernon, Los Angeles, CA, 90037 $895,000 6 4 3,726 3,726 SqFt
342 W And 342 1/2 W. 52nd, Los Angeles, CA, 90037 $649,900 4 2 2,242 2,242 SqFt
620 W 41st, Los Angeles, CA, 90037 $1,699,000 8 4 --

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ByOwner last updated this listing 08/11/2026 @ 08:34

MLS: OC25277748 LISTED BY: Davin Emmons, HomeSmart, Evergreen Realty 949-365-1888 SOURCE: CRMLS

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