29-Unit Value-Add Near Dodger
939 W College St, Los Angeles, CA 90012
Value-add 29-unit apartment community near Dodger Stadium in Solano Canyon.
Type:Multifamily
Property size:
22,677 SFLot size:
0.28 AcresPrice / SF:
$279/SF- Added:
- Feb 3, 2026
- Days on Market:
- 102
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 939 W College St
General Information
- Standard status
- Active
- Size
- 22,677 SF
- Lot size
- 0.28 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1972
Listing agent Handoko Chen License #CA 01749321
Listing office Growth Investment Group (626) 224-2495
Listing date Feb 3, 2026
Source Crexi
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 Growth Investment Group
HighLights
- Significant Value‑Add Opportunity: Current rents are approximately 76% below market, offering substantial upside potential.
- Panoramic DTLA Views: Enjoy views of Downtown Los Angeles from twenty‑four units with private balconies/patios.
- Prime Location: Walking distance to Dodger Stadium and Elysian Park, minutes from Downtown Los Angeles, Chinatown, and Little Tokyo.
- Seller Financing Available: The long‑term owner may offer seller carry financing to qualified buyers.
- Strong Unit Mix: A diverse mix of 3‑bedroom, 2‑bedroom, 1‑bedroom, and studio units.
- High Walk Score & Transit Score: Excellent walkability (85) and transit score (83) provide convenient access to amenities and transportation.
Overview
Located in the Solano Canyon neighborhood near Dodger Stadium, this 29-unit apartment community presents a value-add opportunity. Constructed in 1972, the property is within walking distance of Dodger Stadium and Elysian Park, and a short distance from Downtown Los Angeles, Chinatown, and Little Tokyo. The four-story building features steel and concrete construction and is situated on a ±12,171 square foot lot zoned LA-R4. The 22,677 square foot building includes a central courtyard, shared laundry area, elevator, and gated parking with 29 spaces. The unit mix comprises three 3-bedroom/2-bathroom units, twenty 2-bedroom/1-bathroom units, five 1-bedroom/1-bathroom units, and one studio unit. Approximately five units have been updated. Twenty-four units feature private balconies or patios, many with views of Downtown Los Angeles. Each unit is separately metered for electricity and gas and has updated electrical subpanels. The building has a central water heater and an automatic fire sprinkler in the garage area. The property has a Walk Score of 85 and a Transit Score of 83, offering convenient access to Metro lines and buses. It is located near Chinatown and provides access to the 101, 110, 5, and 10 Freeways. The property is near newly constructed luxury apartment communities and attractions such as Walt Disney Concert Hall, The Music Center, and Grand Central Market.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.24531
- Latitude
- 34.06685
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Value-add 29-unit apartment community near Dodger Stadium in Solano Canyon.
Where is this apartment building located?
The property is located at 939 W College St Los Angeles, CA.
What is the asking price?
The asking price for this property is $6,345,000.
What are key features of this property?
This property features: Significant Value‑Add Opportunity: Current rents are approximately 76% below market, offering substantial upside potential.; Panoramic DTLA Views: Enjoy views of Downtown Los Angeles from twenty‑four units with private balconies/patios.; Prime Location: Walking distance to Dodger Stadium and Elysian Park, minutes from Downtown Los Angeles, Chinatown, and Little Tokyo.
