1234 W 39th Place new

Los Angeles,CA 90037

$ 1195000

16 Beds

16 Baths

8375 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 8,375 sqft

Price per Sqft $142

MLS Listing ID CL25539315

Bedrooms 16

Full Baths 16

Year Built 1913

Lot Size 6,755 Sqft

Property Sub-Type Single Family Residence

Property Description

Amazing RTI development opportunity with Ready-To-Issue (RTI) permits, located in the highly coveted USC/Exposition Park neighborhood. This site includes pre-approved RTI plans for a 6-unit student housing complex, in one of Los Angeles' most vibrant and rapidly growing areas. The plans feature two townhome-style buildings, each three stories high, along with an additional two-story building at the rear. The layout offers a great mix of unit types: the front building contains two townhomes, each with 3 bedrooms and 3 bathrooms; the middle building includes two townhomes, each with 4 bedrooms and 4 bathrooms; and the rear building consists of two 1-bedroom, 1-bathroom ADU's, with the potential to add more bedrooms due to available spaces. All units are thoughtfully designed to optimize both space and comfort. The property is ideally located near USC where newly constructed properties are consistently sold at premium prices or fully leased upon completion. The plans have been thoroughly vetted and are ready for immediate issuance, eliminating the typical delays associated with project approvals. With SB-8 in effect, fewer new constructions are underway, making properties like this an even rarer and more sought-after asset. This presents a unique opportunity to invest in a fully pla

Location

State CA

County Los Angeles

Zoning LARD

Interior

Heating Central

Cooling Central Air

Flooring Wood

Fireplaces Type None

Exterior

Pool None

View Y/N false

View None

Building

Story 1

New Construction No

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