1180 W 39th Place, Los Angeles, California 90037, Los Angeles, 90037 - bed, bath

1180 W 39th Place
Los Angeles, California 90037
Property Price
SUMMARY
Analysis of 1180 W 39th Place, Los Angeles, California 90037 is currently available with a list price of $1,250,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1910, this property is over a century old. The listing description explicitly mentions 'Historic Property Age' and 'Implied Renovation Needs,' indicating that 'significant capital investment may be required to modernize units' and address 'outdated systems.' The complete absence of interior images, particularly of the kitchen and bathrooms, strongly suggests these areas are in very outdated condition and require substantial rehabilitation to meet current standards. While functional as an income property, it requires significant repairs and modernization.
PROSSTRENGTHS & OPPORTUNITIES
- High-Demand Rental Market
Located near the University of Southern California (USC) and major entertainment hubs, ensuring strong and consistent tenant demand from students, professionals, and long-term residents.
- Income-Producing Duplex
Consists of two separate units (3-bed/2-bath and 3-bed/1-bath), providing diversified rental income streams and mitigating vacancy risk with broad tenant appeal.
- Strong Investment Potential
Positioned for reliable cash flow, significant appreciation potential, and suitable for various investment strategies including value-add enhancements and 1031 exchanges.
CONSRISKS & DEFICIENCIES
- Historic Property Age
Built in 1910, the property's age suggests potential for outdated systems (plumbing, electrical) and higher ongoing maintenance or renovation costs to meet modern standards.
- Implied Renovation Needs
The description highlights 'value-add enhancements,' indicating that significant capital investment may be required to modernize units and maximize rental upside and tenant appeal.
- Recent Price Reduction
A $100,000 price drop from the original listing price ($1.35M to $1.25M) could suggest initial overpricing or market resistance, potentially impacting perceived value.
About 1180 W 39th Place
This income-producing duplex presents a compelling investment opportunity in a high-demand Los Angeles rental market near the University of Southern California. The property consists of two separate units featuring a desirable unit mix: one three-bedroom, two-bathroom residence and one three-bedroom, one-bathroom residence, offering broad tenant appeal and strong leasing fundamentals. Located on a quiet residential street, the property benefits from its proximity to major employment, educational, and entertainment hubs, including USC, the Los Angeles Memorial Coliseum, and BMO Stadium. This location consistently supports strong rental demand from students, professionals, and long-term residents alike, contributing to stable occupancy and long-term investment performance. Each unit offers functional layouts with generous living space, making the property well-suited for both current income and future rental upside. The configuration allows for multiple investment strategies, including long-term hold, value-add enhancements, or owner-occupant leverage with supplemental rental income. The unit mix also supports diversified tenant profiles, helping mitigate vacancy risk. With limited multifamily inventory in this submarket, this duplex represents an attractive opportunity for investors seeking reliable cash flow, appreciation potential, and exposure to one of Los Angeles’ most resilient rental corridors. Ideal for 1031 exchange buyers, portfolio expansion, or investors looking to capitalize on continued housing demand in close proximity to USC and surrounding amenities.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1910
- Lot Size
- 6,755 Sq. Ft.
Interior
- Total Bedrooms
- -
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,162 | 2,496 | 65% |
| Lot Size | 6,755 | 5,451.5 | 90% |
| Price | $1.25M | $945.0K | 90% |
| Price per sq ft | $395 | $324 | 60% |
| Built year | 1910 | 1923 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 78 | 259 | 5% |
Pricing History
Listed for Sale
Jan 28, 2026
$1,250,000
$1,350,000
-7% Price Drop
Initial Listing
Price Change
Dec 18, 2025
$1,350,000
Initial Listing
