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About This Home

This 6-bedroom, 3-bathroom multi-family at 1180 W 39th Place in Los Angeles, CA is listed for $1,150,000 ($364 per sqft). Built in 1910, the home offers 3,162 sqft of living space on a 0.16 acres lot.

Agent 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.

Key Features

  • Built in 1910
  • 0.16 acre lot
  • 2 stories
  • 2 parking spaces

Property Details

2 stories
3 full
2 spaces
1910

Monthly Cost Estimate

$6,150/mo

20% down · 6.5% · 30 years

Principal$832
Interest$4,983
Insurance$335

Estimates only. Actual payments may vary.

Location

1180 W 39th Place

Los Angeles, CA 90037

Features & Amenities

Exterior Features

Community Features Included: CurbsStreet LightsUrbanSidewalksPark0-1 Unit/Acre

Property Details

Heating

Central

Cooling

None (Cooling)

Questions & Answers

This 6-bedroom, 3-bathroom multi-family at 1180 W 39th Place is listed at $1,150,000 ($364/sqft). The estimated monthly payment is $4,983 based on 20% down at 6.5% interest.

Key features include: Built in 1910, 0.16 acre lot, 2 stories, 2 parking spaces. Exterior Features: Community Features Included: Curbs, Street Lights, Urban.

This property is listed by Davin Emmons and can be reached at 9498748961 or davinshomes@gmail.com.

DE

Davin Emmons

Agent at HomeSmart, Evergreen Realty

(949) 874-8961

Listed by HomeSmart, Evergreen Realty · View on Broker Site

MLS# OC25277748· Source: listhub· Updated 165 days ago

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1180 W 39th Place, Los Angeles, CA 90037

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