14
See all 14 photos
$1,195,000
Est. payment /mo
16 Beds
16 Baths
8,375 SqFt
New
1234 W 39th Place Los Angeles, CA 90037
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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
HOA Y/N No
Year Built 1913
Lot Size 6,755 Sqft
Acres 0.1551
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
Fireplace No
Exterior
Pool None
View Y/N false
View None
Total Parking Spaces 2
Private Pool false
Building
Story 1
Architectural Style Mid Century Modern
Level or Stories One Story
New Construction No
Others
Tax ID 5037005003
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Listed by Arash Pashaei • Keller Williams Beverly Hills
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289