1081 W 39th, Los Angeles, California 90037, Los Angeles, 90037 - 0 bed, 0 bath
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1081 W 39th
Los Angeles, California 90037
ACTIVE
CONDITION: TEAR DOWN
0Beds
0Baths
4,882Sq Ft
11,727Lot Size
Property Price
LIST PRICE$1,350,000
EST. MARKET VALUE
$1,095,766
23% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,350,000—positioned well above the $1,095,766 Fair Market Value by 23%. While the property requires significant capital for modernization due to its Condition Rating of 6, the 11,727-square-foot lot and proximity to USC offer substantial development potential. The unit count discrepancy between the title and physical layout necessitates rigorous due diligence regarding zoning and compliance. This is a complex value-add asset ideal for Buy-and-Hold Investors or Experienced Developers.
Estimated Market Value
$1,095,766
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1081 W 39th Subject 0 bd · 0 ba · 4,882 sqft · $224 | $1,350,000* List Price | 0 | 0 | 4,882 | $224 | - |
A 1079 Leighton Sold 0 bd · 0 ba · 4,640 sqft · $211 · 0.1 mi | $980,000 | 0 | 0 | 4,640 | $211 | 0.1 mi |
B 1306 W Martin Luther King Jr Active 0 bd · 0 ba · 3,844 sqft · $259 · 0.4 mi | $995,000 List Price | 0 | 0 | 3,844 | $259 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1911 (113 years old) with no evidence of recent renovations. The listing explicitly markets the property for its development potential and land value. Exterior images show significant deferred maintenance, weathered surfaces, and makeshift additions. The discrepancy between the title (4 units) and the actual count (6 units) indicates likely unpermitted work and significant compliance issues typical of a property at the end of its functional life.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
Situated within walking distance of USC and the Los Angeles Memorial Coliseum, the property is ideally positioned to capture high rental demand from students and faculty.
- Development Potential
The expansive 11,727-square-foot lot offers a significant opportunity for investors to explore increasing density or developing additional apartment units.
- Substantial Living Space
With 4,882 square feet of interior space, the property provides a large footprint that supports multiple income streams and versatile unit configurations.
CONSRISKS & DEFICIENCIES
- Unit Count Discrepancy
The mismatch between the title report (4 units) and the physical layout (6 units) presents significant risks regarding zoning compliance, permitting, and financing.
- Aging Infrastructure
Built in 1911, the property likely requires substantial capital investment for modernizing systems, structural maintenance, and meeting current building codes.
About 1081 W 39th
Beautiful Property in a Prime Location! Ideally located within walking distance of the Los Angeles Memorial Coliseum and the University of Southern California (USC). This property offers an excellent investment opportunity in a highly desirable area. The lot may be ideal for investors looking to explore the potential for developing apartment units Important Notice: The title report reflects four (4) units; however, the property appears to have six (6) units, along with five (5) electrical meters and five (5) gas meters. Buyer is strongly advised to conduct their own independent due diligence and verify the number of existing units, permits, zoning, and compliance with all applicable local regulations with the appropriate authorities. Buyer should independently investigate and satisfy themselves regarding all aspects of the property.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1911
- Lot Size
- 11,727 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 4,882 | 2,090.331 |
| Lot Size | 11,727 | 5,852.908 |
| Price | $1.35M | $830.9K |
| Price per sq ft | $277 | $394 |
| Built year | 1911 | 1928 |
| HOA | $0 | $0 |
| Days on market | 31 | 87 |
Pricing History
Listed for Sale
Oct 9, 2026
$1,350,000
Initial Listing
Sold
May 2, 2007
$980,000
Public Record