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1215 W 39th Pl, Los Angeles, CA 90037

List Price: $1,300,000On Market FlagOn market
Jul 21, 20252,828 sqft4 beds2 baths
Listed by: Justin Borges
License #: 01940318
Phone #: 323-684-4421
eXp Realty of Greater Los Angeles
Source:
CRMLS Logo
MLS #: 25574067

Property Description

Investor/Developer Opportunity Near USC! Zoned LAR3 with a deep 11,061 SF lot (50' x 222'), this duplex is ideally located in a high-demand rental area near Exposition Park and USC. Existing improvements include 2 detached structures totaling approx. 2,828 SF: one 1BR/1BA (788 SF) and one 3BR/1BA (2,040 SF). Property is believed to qualify for TOC Tier 3, offering potential for up to 22 units with density bonus, reduced parking, and height/setback incentives. Buyer to independently verify zoning, TOC eligibility, development potential, and all regulations with the City of Los Angeles. Walk Score 96. Ideal for student housing or infill multifamily. Property to be delivered vacant at close. Do not miss this rare build opportunity.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$9,276

TurboHome Estimated Value

$959,200

$339 sqft

High Valuation
$1,007,160
$356/sqft
Normal Valuation
$959,200
$339/sqft
Low Valuation
$911,240
$322/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$339/sqft$959,200

Neighborhood: South Los Angeles

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Comparative Value

$625K

$675K

$860K

$960K

$1.28M

$1.30M

5422 Ruthelen St, Los Angeles, CA 90062

Sale Price: $625,000

Selected Comparable

606 W 57th St, Los Angeles, CA 90037

Sale Price: $675,000

Selected Comparable

1040 W 64th St, Los Angeles, CA 90044

Sale Price: $860,000

Selected Comparable

3838 Arlington Ave, Los Angeles, CA 90008

Sale Price: $960,000

Selected Comparable

1816 W 43rd Pl, Los Angeles, CA 90062

Sale Price: $1,276,150

Selected Comparable

1215 W 39th Pl, Los Angeles, CA 90037

List Price: $1,300,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1215 W 39th Pl, Los Angeles, CA 90037

1215 W 39th Pl, Los Angeles, CA 90037

List: $1,300,000

Listed: 7/21/2025

Area:2,828 sqft
Price/sqft:$460
Beds:4
Baths:2
Year Built:
Lot Size:11,058

Comparable Properties

COMPARABLE
Choose comps
606 W 57th St, Los Angeles, CA 90037

606 W 57th St, Los Angeles, CA 90037

Sale: $675,000

8/1/20251.84 mi

Area:2,246 sqft
Price/sqft:$301
Beds:4
Baths:2
Year Built:
Weight:22.4%
1816 W 43rd Pl, Los Angeles, CA 90062

1816 W 43rd Pl, Los Angeles, CA 90062

Sale: $1,276,150

7/29/20251.07 mi

Area:2,292 sqft
Price/sqft:$557
Beds:4
Baths:3
Year Built:
Weight:20.6%
3838 Arlington Ave, Los Angeles, CA 90008

3838 Arlington Ave, Los Angeles, CA 90008

Sale: $960,000

3/24/20251.16 mi

Area:2,404 sqft
Price/sqft:$399
Beds:4
Baths:3
Year Built:
Weight:19.5%
1040 W 64th St, Los Angeles, CA 90044

1040 W 64th St, Los Angeles, CA 90044

Sale: $860,000

7/18/20252.31 mi

Area:2,500 sqft
Price/sqft:$344
Beds:3
Baths:2
Year Built:
Weight:18.9%
5422 Ruthelen St, Los Angeles, CA 90062

5422 Ruthelen St, Los Angeles, CA 90062

Sale: $625,000

4/3/20251.73 mi

Area:2,372 sqft
Price/sqft:$263
Beds:4
Baths:3
Year Built:
Weight:18.7%

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