Quadplex Near
New
For Sale
$1,350,000
1081 W 39th, Los Angeles, CA 90037
The property is within walking distance of USC and the Los Angeles Memorial Coliseum.
Property Size4,882 SF
Days on Market6
Property Features for 1081 W 39th
General Information
Standard status
Active
Size
4,882 SF
Property subtype
Quadruplex
Building Details
Building Size
4,882 SF
Year Built
1911
Listing Agency:
UNITED BROKERS REALTY
Listed By:
MINERVA MORENO · License #01196169
(562) 843-3190
Source:
Truthrealty
Added: Oct 9
Changed: Oct 11
Last Checked: Oct 13 at 1:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of UNITED BROKERS REALTY
Investment Insights
Based on property information with market context.
This quadplex was built in 1911. The property has five electrical meters and five gas meters.
USC and the Los Angeles Memorial Coliseum are both within walking distance.
USC and the Los Angeles Memorial Coliseum are both within walking distance.
Key Highlights
- Quadplex built in 1911
- Five electrical meters and five gas meters
- Within walking distance of USC and the Los Angeles Memorial Coliseum
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,567
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,631,340
$1.6M
Cap Rate 7%
$1,165,243
$1.2M
Cap Rate 9%
$906,300
$906.3K
Market Conditions
NOI Build-Up for 4,882 SF
Gross rent
$119.5K $24.48/SF
− Vacancy
−$3.0K −$0.61/SF
EGI
$116.5K $23.87/SF
− OpEx
−$35.0K −$7.16/SF
NOI
$81.6K $16.71/SF
Area
ZIP 90037
Vacancy
2.50%
Lease Rate
$24.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,631,340
Cap Rate 7%
$1,165,243
Cap Rate 9%
$906,300
Alternative Uses
Best Use
Multifamily LT 5
$1.17M
$1.02M – $1.36M
NOI $81,567 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$1.04M
$906.2K – $1.21M
NOI $72,497 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,906 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,445
Businesses Nearby
Explore this area
Business Placement
Demographics for 90037, CA
63,706
Population
18,709
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
54%
High-School Grad
2.9 sq mi
ZIP Area
21,968
Density / Sq Mi
$56,417
Median Household Income
$29,857
Median Earnings
$1,438
Median Rent
$632,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - The property is within walking distance of USC and the Los Angeles Memorial Coliseum.
Where is this quadplex located?
The property is located at 1081 W 39th Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Quadplex built in 1911; Five electrical meters and five gas meters; Within walking distance of USC and the Los Angeles Memorial Coliseum
