Investor/Developer Opportunity Near USC! Zoned LAR3 with a deep 11,061 SF lot (50' x 222'), this duplex is ideally located in a high-demand rental area near Exposition Park and USC. Existing improvements include 2 detached structures totaling approx. 2,828 SF: one 1BR/1BA (788 SF) and one 3BR/1BA (2,040 SF). Property is believed to qualify for TOC Tier 3, offering potential for up to 22 units with density bonus, reduced parking, and height/setback incentives. Property will be DELIVERED VACANT! Buyer to independently verify zoning, TOC eligibility, development potential, and all regulations with the City of Los Angeles. Walk Score 96. Ideal for student housing or infill multifamily. Property to be delivered vacant at close. Do not miss this rare build opportunity.
Listed by Justin Borges
·
License #01940318
·
eXp Realty of Greater Los Angeles
·
323-684-4421
Last updated October 16, 2025
·
Source: CRMLS #25581935
Listing Facts
TypeSingle-family
NeighborhoodExposition Park West
Bedrooms4
Bathrooms2
Days on Prevu121
Size2,828 sqft
Price per sqft$442
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/27/2025
Status changed to Active
$1,250,000
10/23/2025
Status changed to Removed from Feed
$1,250,000
10/16/2025
Price Decreased
$1,250,000
10/05/2025
Status changed to Active
$1,300,000
10/03/2025
Status changed to Removed from Feed
$1,300,000
09/21/2025
Status changed to Active
$1,300,000
09/20/2025
Status changed to Removed from Feed
$1,300,000
09/18/2025
Status changed to Active
$1,300,000
09/17/2025
Status changed to Removed from Feed
$1,300,000
09/12/2025
Status changed to Active
$1,300,000
09/06/2025
Status changed to Removed from Feed
$1,300,000
09/05/2025
Status changed to Active
$1,300,000
09/04/2025
Status changed to Removed from Feed
$1,300,000
07/21/2025
Listed by eXp Realty of Greater Los Angeles
$1,300,000
Property Details for 1215 W 39th Place
Exterior
Construction
Stories: 1
Year Built: 1923
Architectural Style: Craftsman
Common Walls: No Common Walls
Features
Direction Faces: South
Measurements
Building Area Total: 2,828
Lot Size Acres: 0.25
Lot Size Area: 11,061
Lot Size Square Feet: 11,061
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 5037008009
Interior
Features
Fireplace Features: Living Room
Fireplace: Yes
Flooring: Wood
Measurements
Living Area: 2,828
Rooms
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 4
Parking
Parking
Parking Features: Oversized
Parking Total: 5
Utilities
Equipment
Heating: Floor Furnace
Has Heating: Yes
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.
