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Updated Triplex with Rear Home
For Sale
Contact for pricing
Pending

1946 W 39th St, Los Angeles, CA 90062

Three renovated residences offer dedicated parking and a separate rear dwelling in Los Angeles.

Property SizeContact for details
Days on Market145

Property Features for 1946 W 39th St

General Information

Standard status Pending
Property subtype Multifamily

Financials

Cap Rate 7.18%
Gross Rent Multiplier 13

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 1 x 2BR/1BA, 1 x 2BR/2BA, 1 x 3BR/2BA
Multifamily Units 3
Parking per Unit 1

Amenities

central A/C and heat

Building Details

Year Renovated 2018
Construction modern
Listing Agency: Sotheby's International Realty
Listed By: Belle Tsai · License #CA # 01841341
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Sep 1 at 7:27PM

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 Sotheby's International Realty

Investment Insights

Based on property information with market context.

This triplex contains three substantially renovated residences, including two units in the primary structure and a detached private home at the rear. The unit mix comprises a 2/1BB, a 2/2BB, and a 3/2BB. Improvements completed in 2018 include kitchens, bathrooms, roofing, central A/C and heat, lighting, windows, wood flooring, and a concrete driveway. Each unit includes one parking spot.

The property is located in Los Angeles’ Leimert Park area, with access to the Expo and Crenshaw rail lines, freeways, downtown Los Angeles, USC, SoFi Stadium, and Exposition Park. The rear home can be delivered vacant at COE, providing an additional occupancy option for the purchaser.

Key Highlights

  • Three‑unit configuration with 2/1BB, 2/2BB, and 3/2BB residences
  • Detached private rear home can be delivered vacant at COE
  • Completely remodeled in 2018

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Spa & Massage Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

854
Businesses Nearby

Demographics for 90062, CA

32,524
Population
10,060
Households
3.2
Avg Household Size
36
Median Age
17%
College-Educated
65%
High-School Grad
1.9 sq mi
ZIP Area
17,118
Density / Sq Mi
$63,652
Median Household Income
$35,911
Median Earnings
$1,473
Median Rent
$672,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three renovated residences offer dedicated parking and a separate rear dwelling in Los Angeles.
Where is this triplex located?
The property is located at 1946 W 39th St Los Angeles, CA.
What are key features of this property?
This property features: Three‑unit configuration with 2/1BB, 2/2BB, and 3/2BB residences; Detached private rear home can be delivered vacant at COE; Completely remodeled in 2018
More about this property
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