13 days on rocket

1286 W 39th Pl, Los Angeles, CA, 90037

$925,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Baths
1,384 SqFt
$668/SqFt
House
Schools Nearby

Location

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1286 W 39th Pl, Los Angeles$925,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
Year Built1921
MLS #24382563
Lot Size0.05 Acres
StatusActive

About 1286 W 39th Pl

We are pleased to offer the opportunity to acquire this 5-bedroom + 5-bathroom co-living/ student housing investment, located just blocks to the University of Southern California (USC). The property has been completely updated & remodeled - featuring brand new hardwood floors, stainless steel kitchen appliances, quartz counter tops, tiled showers with glass enclosures, and an in-unit washer & dryer. The building is approximately 1,400 rentable SF on a 2,117 SF lot, and will be delivered vacant upon the close of escrow. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals.

Property Details

Property Features

Property Information:

  • Year Built: 1921
  • Stories: 1
  • Living Area: 1,384 SqFt

Listing Office:

  • Office Name: Carolwood Estates
  • Office Phone: (310) 623-3600
  • Listing Agent: Davis Saadian

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Dryer, Washer

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

School Info

Assigned Schools Information:

  • Manual Arts Senior High School, Public Magnet Grades 9-12
  • Foshay Learning Center, Public District Grades KG-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Studio, Public District Grades 6-8
  • Lenicia B. Weemes Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: 1286 W. 39th Place | Los Angeles 90037

Price Information

Listing Price Info

Price Summary:

  • List Price: $925,000
  • Price Per SqFt: $668/SqFt

Tax Information:

  • Annual Amount: $2,397
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Map thumbnail provided by MapBox

Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

1286 W 39th Pl vs Los Angeles

13 DAYS ON ROCKET

-21 Days

$925,000

-$61.4K Less

$668/SqFt

+$36 More

KEY TAKEAWAY

This property is $61.4K less than the Median Sold Price and $36/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24382563

Listing Office:

  • Office Name: Carolwood Estates
  • Office Phone: (310) 623-3600
  • Listing Agent: Davis Saadian

IDX 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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2024, 4:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 24, 1998Home Sold
$129,000
Apr 15, 1997Home Sold
$49,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,397$186,815
2020$2,328$184,900
2019$2,281$181,276
2018$2,235$177,723
2017$2,235$174,239

History based on county public records data.

Payment Calculator

$4,684

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,840

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6794170
3
/10

  • Lenicia B. Weemes Elementary School

  • 1260 W 36th Pl

  • 0.55 miles

  • Public District Grades KG-5

school-card-donut-6794171
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 5.52 miles

  • Public Magnet Grades KG-6

school-card-donut-6794172
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 20.72 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-6794173
4
/10

  • Studio

  • 2211 W Avenue 30

  • 7.23 miles

  • Public District Grades 6-8

High School

school-card-donut-6794174
2
/10

  • Manual Arts Senior High School

  • 4131 S Vermont Ave

  • 0.53 miles

  • Public Magnet Grades 9-12

school-card-donut-6794175
5
/10

  • Foshay Learning Center

  • 3751 S Harvard Blvd

  • 0.53 miles

  • Public District Grades KG-12

school-card-donut-6794176
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 5.28 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,027. The majority of Los Angeles, CA residents have income less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1286 W 39th Pl

What is the listing price of this property?

The listing price of 1286 W 39th Pl property is $925,000.

What type of property is this?

The property 1286 W 39th Pl is a house located in Los Angeles, California, 90037.

Is this property for sale now?

Active Listing: 1286 W 39th Pl is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1286 W 39th Pl are:
Lenicia B. Weemes Elementary School: GreatSchools Rating 3/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
Manual Arts Senior High School: GreatSchools Rating 2/10
Foshay Learning Center: GreatSchools Rating 5/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,397 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 24, 1998 for $129,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1286 W 39th Pl has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 1286 W 39th Pl is 1,384 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1286 W 39th Pl is 1921.

Rocket Homes›California›Los Angeles County›Los Angeles›90037›1286 W 39th Pl

This home is located at 1286 W 39th Pl in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This 1,384 square foot home, which was built in 1921, sits on a 0.05 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $925,000.

Over 701 listings were sold over their listed price in April 2024 in Los Angeles, CA. In the same period over 629 listings were sold below the listed price and 204 listings were sold for the listed price. The number of listings in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. The median list price of listings available in April 2024 was $986,427, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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