
Los Angeles, California 90062
This Multi-Unit Residential Asset is a High-Potential Investment Opportunity, listed at $1,195,000—positioned above the $1,109,356 Fair Market Value. While priced at a premium, the property features a 5-year-old ADU and a paid-off solar system, providing immediate utility savings and rental income versatility. With a Condition Rating of 3, the home is move-in ready, offering a stable foundation for long-term appreciation near USC. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy in a high-demand Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1659 W 39th Street Subject | $1,195,000* List Price | 6 | 6 | 2,276 | $487 | - |
A 1900 W 41st St Sold | $1,145,000 | 3 | 2 | 2,425 | $472 | 0.4 mi |
B 1527 W 45th Street Sold | $1,010,000 | 4 | 2 | 1,822 | $554 | 0.9 mi |
C 1577 W 45th Street Sold | $999,000 | 5 | 1 | 1,729 | $578 | 0.9 mi |
D 4427 S Wilton Place Sold | $966,756 | 3 | 2 | 1,651 | $586 | 0.9 mi |
E 1419 Rolland Curtis Place Pending | $895,000 List Price | 4 | 3 | 1,835 | $488 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready, featuring a 5-year-old ADU with modern finishes (shaker cabinets, quartz counters, and updated tile). The main house includes a paid-off solar system and updated recessed lighting, though some interior flooring choices appear dated. Overall systems and the newer ADU structure elevate the condition above fair.
The property features a 5-year-old ADU with 3 bedrooms and 2 bathrooms plus a separate water meter calculation, offering significant rental income potential or a perfect setup for multigenerational living.
Equipped with a fully paid-off solar panel system, this home provides the new owner with immediate and long-term utility cost savings.
Situated in a high-demand area near USC, Exposition Park, and major freeways, the property is ideally positioned for student housing or urban professionals seeking proximity to downtown Los Angeles.
The main residence was built in 1914, which may require more frequent maintenance or updates to aging infrastructure compared to modern constructions.
With two dwellings and ample parking on a 5,447 sqft lot, the remaining outdoor space is relatively constrained for buyers seeking a large private garden or play area.
Welcome to 1659 W 39th St, Los Angeles, CA 90062, a spacious 6 bedroom/den (no closet), could be bedroom if you add closet!( 2 bedroom PLUS den/bedroom in front house and 3 full bedrooms/ 3 bathrooms in back house!!!!!!! Single-family residence offering the perfect combination of comfort, efficiency, and versatility. This well-maintained home features an owned PAID OFF solar panel system for long-term energy savings and a 5-year-old ADU, providing an excellent opportunity for rental income, multigenerational living, or a private guest retreat. With generous living space and flexible accommodations, this property is ideal for both homeowners and investors. Water meter calculates water bill for you separately from front house and ADU!!! Plenty of parking on property!!! Conveniently located near USC, Natural History Museum, Exposition Park, BMO Stadium, shopping, dining, and within the Los Angeles Unified School District, this home also offers easy access to the 110, 10, and 105 freeways. 10 minutes from Hollywood Blvd!!! A fantastic opportunity to own a move-in-ready home in a prime Los Angeles location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 2,276 | 1,672 |
| Lot Size | 5,447 | 6,067 |
| Price | $1.20M | $1.37M |
| Price per sq ft | $525 | $801 |
| Built year | 1914 | 1939 |
| HOA | $0 | $348 |
| Days on market | 25 | 56 |
Jun 27, 2026
$1,195,000
Initial Listing
Nov 10, 1999
$95,000
Public Record