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Fully Occupied Income Property
For Sale
$1,550,000

2018 W 39th St, Los Angeles, CA 90008

Four units with high income potential in central Los Angeles.

Property Size4,204 SF
Lot Size0.19 Acres
Days on Market250

Property Features for 2018 W 39th St

General Information

Standard status Active
Size 4,204 SF
Lot size 0.19 Acres
Property subtype Investment

Building Details

Building Size 4,204 SF
Year Built 1938
Stories 2
Units 4
Listing Agency: Tree Lane Realty
Listed By: Hank Hoang · License #01421175
Source: Elliman
Added: Dec 3, 2025 Changed: Aug 8 Last Checked: Aug 8 at 5:56AM

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 Tree Lane Realty

Investment Insights

Based on property information with market context.

This fully occupied four-unit property presents an investment opportunity. Located at the meeting point of Leimert Park and Exposition Park, it offers convenient access to both the 10 and 110 freeways. The property is approximately 2 miles from USC and south of Jefferson Park. The layout includes two units upstairs and two units downstairs, with each unit featuring two bedrooms and one bathroom. On-site laundry facilities are available. A detached six-car garage is present, although one space is occupied by the washer and dryer. Additional space behind the garage offers potential for creative use. The property sits on a large lot of approximately 8,097 square feet, with potential for building an Accessory Dwelling Unit (ADU), subject to verification with the City of Los Angeles and an architect. Separate electricity and gas meters are installed to simplify management, and tall greenery in front provides privacy.

Key Highlights

  • Fully occupied 4‑unit property generating stable high income.
  • Large 8,097 sq ft lot with ADU potential (buyer to verify).
  • Convenient location near Leimert Park, Exposition Park, USC, and freeways (10 & 110).

Property Analytics

Current Use

Quadplexes

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

1,589
Businesses Nearby

Demographics for 90008, CA

33,041
Population
16,245
Households
2
Avg Household Size
42
Median Age
33%
College-Educated
85%
High-School Grad
2.9 sq mi
ZIP Area
11,393
Density / Sq Mi
$61,822
Median Household Income
$41,295
Median Earnings
$1,589
Median Rent
$1,003,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Quadplex - Four units with high income potential in central Los Angeles.
Where is this quadplex located?
The property is located at 2018 W 39th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Fully occupied 4‑unit property generating stable high income.; Large 8,097 sq ft lot with ADU potential (buyer to verify).; Convenient location near Leimert Park, Exposition Park, USC, and freeways (10 & 110).
More about this property
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