Located just minutes from USC, this property presents a rare opportunity for both investors and owner-users. Nestled in the heart of a rapidly appreciating area, this property offers unbeatable proximity to USC, the Natural History Museum, the highly anticipated Lucas Museum, BMO Stadium, the LA Coliseum, and a host of other cultural and entertainment landmarks. Property boasts two separate homes on the lot the front house being a 6bdrm 2ba and the rear home being 1bdrm 1ba, with an LARD 1.5 zoning providing the ability for redevelopment or value add. A spacious front house and a detached rear unit provide flexibility for student housing, multi-generational living, or rental income. Whether you're looking to renovate and hold, occupy and rent, or develop and scale, this property checks all the boxes for a strategic real estate play in one of LA's most dynamic neighborhoods.
Listed by Daniel Perlstein
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License #01325358
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DANCO Inc.
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310-842-8234
Listed by Cecilia Perlstein
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License #02135395
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DANCO Inc.
Last updated November 06, 2025
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Source: CRMLS #25596471
Listing Facts
TypeMulti-family
NeighborhoodExposition Park West
Bedrooms5
Days on Prevu50
Size2,695 sqft
Price per sqft$389
Amenities
Dishwasher
Parking
Location
Mortgage Calculator
Listing History
10/29/2025
Status changed to Active
$1,049,000
10/23/2025
Status changed to Removed from Feed
$1,049,000
09/30/2025
Listed by DANCO Inc.
$1,049,000
Property Details for 1166 W 39th Place
Exterior
Construction
Number Of Units Total: 2
Stories: 2
Stories Total: 2
Year Built: 1915
Common Walls: No Common Walls
Measurements
Building Area Total: 2,695
Lot Features: Back Yard
Lot Size Acres: 0.15
Lot Size Area: 6,793
Lot Size Square Feet: 6,793
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 6.83
Gross Income: $110,400.00
Taxes
Parcel Number: 5037006007
Interior
Features
Appliances: Dishwasher, Refrigerator
Flooring: Vinyl
Measurements
Living Area: 2,695
Rooms
Bathrooms Total Integer: 2
Bedrooms Total: 5
Parking
Parking
Parking Total: 4
Utilities
Equipment
Heating: Central
Has Heating: Yes
Sewer: Other
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
