Value-Add Five-Unit
1134 W 39th, Los Angeles, CA 90037
New
Commercial Sale - Los Angeles, CA
Property size:
5,726 SFLot size:
0.23 AcresPrice / SF:
$348/SF- Added:
- Jun 2, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 2 at 10:06 pm
Property Features for 1134 W 39th
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- RD1.5-1-CPIO
- Standard status
- Active
- APN
- 5037020050
- Size
- 5,726 SF
- Lot size
- 0.23 Acres
Utilities
- Cooling system
- Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1972
- Architectural style
- Other
Listing agent Marina Burgos License #01818048 (818) 312-4291
Listing office Park Regency Realty 9275 Corbin Ave., Granada Hills, CA (818) 363-6116
Listing date Jun 2, 2026
MLS# SR26119942
Listing URL
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HighLights
- Five‑unit multifamily property built in 1972, delivered almost vacant for immediate repositioning and rent setting.
- Unit mix includes one 2 bed/1 bath, two 5 bed/2 bath, one 4 bed/2 bath, and one 3 bed/1 bath.
- 9,894 sq ft lot with spacious, flexible larger unit configurations.
- About a 10‑minute walk to the University of Southern California (USC).
- Less than half a mile to the Lucas Museum of Narrative Art.
- Close to Exposition Park, California Science Center, Rose Garden, BMO Stadium, and the Expo Line Metro Station.
Overview
This five-unit multifamily property includes a versatile unit mix: one 2-bedroom/1-bath unit, two 5-bedroom/2-bath units, one 4-bedroom/2-bath unit, and one 3-bedroom/1-bath unit. The larger configurations support a variety of income strategies, including student housing, traditional multifamily leasing, or alternative housing concepts. The property sits on a 9,894-square-foot lot and is expected to be delivered almost vacant, creating an immediate chance to implement updates and establish market rents.
Located at 1134 W 39th in Los Angeles, the property is about a 10-minute walk from the University of Southern California. It also sits near key Exposition Park and nearby entertainment and cultural destinations, including the Los Angeles Memorial Coliseum and the Lucas Museum of Narrative Art, as well as access to the Expo Line Metro Station. Major freeways and public transportation are described as readily available, supporting tenant demand over the long term.
With its nearly vacant delivery and apartment mix designed for larger household needs, this offering fits investors and owner-operators seeking a value-add multifamily repositioning in a consistently active rental market. The configuration provides flexibility for leasing demand tied to education, events, and the surrounding destination-driven activity.
Located at 1134 W 39th in Los Angeles, the property is about a 10-minute walk from the University of Southern California. It also sits near key Exposition Park and nearby entertainment and cultural destinations, including the Los Angeles Memorial Coliseum and the Lucas Museum of Narrative Art, as well as access to the Expo Line Metro Station. Major freeways and public transportation are described as readily available, supporting tenant demand over the long term.
With its nearly vacant delivery and apartment mix designed for larger household needs, this offering fits investors and owner-operators seeking a value-add multifamily repositioning in a consistently active rental market. The configuration provides flexibility for leasing demand tied to education, events, and the surrounding destination-driven activity.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.29551
- Latitude
- 34.01539
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Five-unit asset delivered nearly vacant, offering a strong repositioning opportunity in a high-demand rental pocket near USC.
Where is this apartment building located?
The property is located at 1134 W 39th Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Five‑unit multifamily property built in 1972, delivered almost vacant for immediate repositioning and rent setting.; Unit mix includes one 2 bed/1 bath, two 5 bed/2 bath, one 4 bed/2 bath, and one 3 bed/1 bath.; 9,894 sq ft lot with spacious, flexible larger unit configurations.
