1271 W 39th Pl
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1271 W 39th Pl
8 Unit Apartment Building $4,500,000 ($562,500/Unit) 4.91% Cap Rate Los Angeles, CA 90037
Investment Highlights
- Two story townhome style
- Great investment, high return on investment
- Newer construction with may upgrades
- Close to USC, short commute to DTLA
Executive Summary
Newer custom townhouse style apartments with so many upgrades. Drive up and be taken in by the modern chic building. Enjoy the modern amenities with a spacious floor plan. Located just a few blocks from USC, Exposition Park, the Coliseum Natural History Museum, LA Memorial Coliseum and a short commute to DTLA. This location is so close to USC Campus and just a short commute into DTLA. Energy Efficient Central AC/Heat system. -Balcony. -Water resistant vinyl wood floors. -Gray Shaker cabinets with quartz countertops. -LED energy efficient recessed lighting. -In unit stackable washer and dryer -Stainless steel appliances included (refrigerator, stove & dishwasher). -Two gated/secure parking spaces. -Gated secure building with cameras. Spectrum Internet (200mps) & Cable included for tenants.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $4,500,000 | Building Class | C |
| Price Per Unit | $562,500 | Lot Size | 0.25 AC |
| Sale Type | Investment | Building Size | 10,261 SF |
| Cap Rate | 4.91% | Average Occupancy | 100% |
| Gross Rent Multiplier | 15.12 | No. Stories | 2 |
| No. Units | 8 | Year Built | 2019 |
| Property Type | Multifamily | Parking Ratio | 1.46/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Townhome |
| Price | $4,500,000 |
| Price Per Unit | $562,500 |
| Sale Type | Investment |
| Cap Rate | 4.91% |
| Gross Rent Multiplier | 15.12 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 10,261 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2019 |
| Parking Ratio | 1.46/1,000 SF |
| Opportunity Zone |
Yes |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- High Speed Internet Access
- Refrigerator
- Sprinkler System
- Stainless Steel Appliances
- Range
- Wi-Fi
Site Amenities
- Gated
- Gas Range
- Pet Play Area
- Wi-Fi
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2.5 | 1 | $2,700 | 1,186 |
| 3+2.5 | 6 | $3,500 | 1,335 |
| 1+1.5 | 1 | $2,700 | 820 |
1 of 1
PROPERTY TAXES
| Parcel Number | 5037-007-019 | Total Assessment | $3,356,179 |
| Land Assessment | $1,609,692 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,746,487 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
5037-007-019
Land Assessment
$1,609,692
Improvements Assessment
$1,746,487
Total Assessment
$3,356,179
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
zoning
| Zoning Code | LAR3 (Residential) |
| LAR3 (Residential) |
1 of 14
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1271 W 39th Pl
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.