1180 W 39th Place
Property Description
This income-producing duplex presents a compelling investment opportunity in a high-demand Los Angeles rental market near the University of Southern California. The property consists of two separate units featuring a desirable unit mix: one three-bedroom, two-bathroom residence and one three-bedroom, one-bathroom residence, offering broad tenant appeal and strong leasing fundamentals. Located on a quiet residential street, the property benefits from its proximity to major employment, educational, and entertainment hubs, including USC, the Los Angeles Memorial Coliseum, and BMO Stadium. This location consistently supports strong rental demand from students, professionals, and long-term residents alike, contributing to stable occupancy and long-term investment performance. Each unit offers functional layouts with generous living space, making the property well-suited for both current income and future rental upside. The configuration allows for multiple investment strategies, including long-term hold, value-add enhancements, or owner-occupant leverage with supplemental rental income. The unit mix also supports diversified tenant profiles, helping mitigate vacancy risk. With limited multifamily inventory in this submarket, this duplex represents an attractive opportunity for investors seeking reliable cash flow, appreciation potential, and exposure to one of Los Angeles' most resilient rental corridors. Ideal for 1031 exchange buyers, portfolio expansion, or investors looking to capitalize on continued housing demand in close proximity to USC and surrounding amenities.
Broker Details
Evergreen Realty, HomeSmart (949) 753-7888
MLS ID: SEMMODAV State License Number: 01419145
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,150,000 |
| No. of Units: | 2 |
| Year Built: | 1910 |
| Opportunity Zone: | No |
| Price per unit: | $575,000 |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 3 |
ID: 3yd-MRMLSCA-OC25277748
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