1614 W 39th Place, Los Angeles, California 90062, Los Angeles, 90062 - 0 bed, 0 bath
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Los Angeles, California 90062
This Modern Turnkey Duplex is a High-Potential Investment Opportunity, listed at $1,299,000—positioned well below the $1,352,397 Fair Market Value by 3%. This valuation gap offers $53,397 in Instant Equity. Boasting a Good Condition Rating, the 2014 build is exempt from RSO rent controls and delivered vacant for immediate market-rate leasing. Featuring solar panels and a 3-car garage primed for ADU conversion, the asset provides a clear path to maximized cash flow. It is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1614 W 39th Place Subject | $1,299,000* List Price | 0 | 0 | 3,296 | $410 | - |
A 1840 W 47th Street Sold | $1,150,000 | 6 | 4 | 3,136 | $367 | 0.9 mi |
B 3887 S Van Ness Avenue Active | $1,277,777 List Price | 0 | 0 | 3,254 | $393 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2013/2014, the property is approximately 11 years old, placing it in the 'Good' category. It is in turnkey, move-in ready condition with recent cosmetic updates including new bathroom vanities, modern lighting fixtures, and freshly painted cabinetry. Systems appear functional and updated, including the addition of solar panels and central HVAC.
Built in 2014, this property is exempt from the Los Angeles Rent Stabilization Ordinance (RSO) and is delivered fully vacant, allowing an owner to set market-rate rents immediately for maximum cash flow.
The spacious 3-car garage is a prime candidate for ADU conversion, offering a straightforward path to creating a third income stream and significantly increasing the property's total value.
Rare for the area, this 2014 build features modern systems and large floor plans (5BR and 4BR units) with recent cosmetic updates, minimizing the need for immediate capital expenditures or repairs.
The existing Sunrun solar lease must be assumed by the buyer, which introduces a long-term monthly obligation and may complicate the financing process for some lenders.
The backyard is primarily utilized for parking and the garage structure, leaving limited space for traditional green areas or private outdoor amenities for tenants.
Vacant, non-RSO, and with additional ADU potential, this is a rare turnkey investment property in the heart of South LA just minutes from Leimert Park, West Adams, and USC. Built in 2013, this duplex offers nearly 3,300 sqft of flexible living space across two large units — one with 5 bedrooms and 3 bathrooms, the other with 4 bedrooms and 3 bathrooms — both delivered fully vacant, giving the next owner full control to set market rents from day one. Both units show beautifully with new vanities and lighting fixtures throughout, and freshly painted cabinetry in the front unit. A long driveway secured by an iron sliding gate leads to a spacious low-maintenance backyard with ample parking and a 3-car garage that qualifies for ADU conversion — a clear path to a third income stream and added value. Solar is in place via a Sunrun lease, helping offset utility costs. Ideal for the cash flow investor seeking strong, RSO-free returns, or the savvy owner-user looking to live in one unit and rent the other. Vacant duplexes of this size and vintage rarely come to market in this pocket of LA.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,296 | 2,549 | 90% |
| Lot Size | 5,391 | 5,571 | 25% |
| Price | $1.30M | $953.6K | 85% |
| Price per sq ft | $394 | $372 | 55% |
| Built year | 2014 | 1923 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 219 | 5% |
Apr 24, 2026
$1,299,000
Initial Listing
Oct 3, 2013
$560,000
Public Record
Oct 10, 2012
$165,000
Public Record