8-Unit Multifamily Apartment
1271 W 39th Pl Los Angeles, CA 90037
1271 W 39th Pl, Los Angeles, CA, 90037
Contact for pricing
For Sale
Contact for pricing
For sale 8-unit multifamily building offering residential income potential in Los Angeles.
Property Size10,261 SF
Price / SF$380.08
Days on Market155
Property Features for 1271 W 39th Pl
General Information
- Standard status
- Active
- Size
- 10,261 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2020
Listing agency
Marcus & Millichap - Encino
(818) 212-2700
Listed by
Jason Tuvia · License #CA 01772495
Source
Crexi
Added: Feb 18 Updated: Jul 22 at 11:46PM Checked: Jul 22 at 11:46PM
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 Marcus & Millichap - Encino
Investment Insights
Based on property information with market context.
This for-sale multifamily apartment building consists of 8 units and totals 10,261 square feet. The property is positioned as a residential income asset for investors or owner-occupants seeking multi-unit rental revenue.
The building is located at 1271 W 39th Pl, Los Angeles, CA 90037. For more information about the unit mix, income potential, and current operating details, please request the full package from the listing broker.
The building is located at 1271 W 39th Pl, Los Angeles, CA 90037. For more information about the unit mix, income potential, and current operating details, please request the full package from the listing broker.
Key Highlights
- 8‑unit multifamily building
- Year built: 2020
- $487,500 per unit (per listing remarks)
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $279.0k | $27.19 |
| − Vacancy | −$2.0k | −$0.19 |
| EGI | $277.0k | $27.00 |
| − OpEx | −$124.7k | −$12.15 |
| NOI | $152.4k | $14.85 |
10,261 SF · lease $27.19/SF/yr · vacancy 0.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.18M
$1.90M – $2.54M
NOI $152,374 @ 7.0% cap · market cap 3.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.02M
$3.52M – $4.69M
NOI $281,444 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - For sale 8-unit multifamily building offering residential income potential in Los Angeles.
Where is this apartment building located?
The property is located at 1271 W 39th Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 8‑unit multifamily building; Year built: 2020; $487,500 per unit (per listing remarks)
