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1234 W 39th Pl
Off-Market Call for Pricing
Call for Pricing
- 16 Bedrooms
- 16.00 Bathrooms
- 8,375 Sq Ft
- 6,755 Sq Ft
Description
Delivered RTI -- Presenting an exceptional development opportunity with Ready-To-Issue (RTI) permits, located in the highly coveted USC/Exposition Park neighborhood. This site includes pre-approved RTI plans for a 6-unit student housing complex, in one of Los Angeles' most vibrant and rapidly growing areas. The plans feature two townhome-style buildings, each three stories high, along with an additional two-story building at the rear. The layout offers a great mix of unit types: the front building contains two townhomes, each with 3 bedrooms and 3 bathrooms; the middle building includes two townhomes, each with 4 bedrooms and 4 bathrooms; and the rear building consists of two 1-bedroom, 1-bathroom ADU's, with the potential to add more bedrooms due to available spaces. All units are thoughtfully designed to optimize both space and comfort. The property is ideally located near USC where newly constructed properties are consistently sold at premium prices or fully leased upon completion. The plans have been thoroughly vetted and are ready for immediate issuance, eliminating the typical delays associated with project approvals. With SB-8 in effect, fewer new constructions are underway, making properties like this an even rarer and more sought-after asset. This presents a unique opportunity to invest in a fully planned housing development in one of Los Angeles' most dynamic neighborhoods. Just down the street from Exposition Park, home to numerous stadiums and museums, a half-billion-dollar project is set to be completed before the upcoming Olympics. Whether you're an investor or a developer, this project offers the potential for significant returns in an exceptionally desirable location.
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Owner
Do you own or manage this property?
This is My PropertyAmenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,375,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 8,375 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1913 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 5037005003 |
| MLS # | 25506549 |
| Property ID | 321332690 |
| Lot Sqft | 6,755 |
| Zoning | LARD1.5 |
| Date Updated | March 14, 2025 |
| Date Created | March 06, 2025 |
Listing Provided By
Arash Pashaei an agent of . Lic #02024961
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