1147 W 39th, Los Angeles, California 90037, Los Angeles, 90037 - 5 bed, 5 bath
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Los Angeles, California 90037
This High-Potential Investment Opportunity is listed at $1,100,000, positioned above the $936,061 Fair Market Value. Despite the premium, the property offers a unique 5-bedroom, 5-bathroom configuration with a converted garage suite, making it a Buy-and-Hold Investor dream for USC-adjacent student housing. With a Condition Rating of 2 reflecting a comprehensive modern remodel, the asset is turnkey. This property is an ideal acquisition for Income-Focused Investors seeking to capitalize on high-demand rental layouts in a prime, high-density urban location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1147 W 39th Subject | $1,100,000* List Price | 5 | 5 | 1,358 | $689 | - |
A 4239 S Raymond Avenue Sold | $780,000 | 3 | 1 | 1,218 | $640 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive modern remodel within the last 5 years, featuring updated kitchens, five new bathrooms with contemporary fixtures, recessed lighting, new flooring, and updated exterior elements including windows and fencing.
Situated in a highly desirable area near the University of Southern California, this property is perfectly positioned for high-demand student housing and consistent rental income.
Featuring a rare 5-bedroom, 5-bathroom configuration where every room has a private bath, the layout maximizes privacy and rental premium for co-living arrangements.
The property includes a fully remodeled interior and a converted garage suite, providing immediate utility and additional living space without the need for further renovation.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Originally built in 1921, the property may possess aging infrastructure or structural elements typical of older homes that require ongoing maintenance despite recent cosmetic updates.
The conversion of the garage into a living suite and the high-density bedroom count may result in limited off-street parking and minimal outdoor recreational space for tenants.
Bright and beautifully remodeled 5-bedroom, 5-bath property in an exceptional location near USC. The home features approximately 1,684 sq ft of living space on a 4,487 sq ft lot, with a converted garage offering an additional 1-bedroom suite. Each room has its own bathroom, making this an ideal setup for student housing, rental income, or multi-generational living. Excellent investment opportunity in a highly desirable USC-adjacent location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 87% |
| Baths | 5.0 | 2.0 | 97% |
| Square foot | 1,358 | 1,317 | 58% |
| Lot Size | 4,487 | 5,359 | 19% |
| Price | $1.10M | $675.0K | 94% |
| Price per sq ft | $810 | $499 | 97% |
| Built year | 1921 | 1912 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 166 | 6% |
Jun 1, 2026
$1,100,000
Initial Listing
May 10, 2022
$740,000
Public Record