$10,000 Closing Credit¹
Robert Duke, Listing Office: Merit Capital Group Inc
#25487561·
Listing Office: Dover Management Corp.·
Listing Agent: Douglas Steinriede·
Listing Office Phone: 818-843-5200
$10,000
closing credit¹
1952 W 39th St Los Angeles, CA 90062
$1,575,000 List price
$10,000
Closing credit¹
6 beds
6 baths
3,178 sqft
0.2 acres
$496 / sqft
House
Property details
About 1952 W 39th St
Located in Leimert Park, 1952 W 39th Street is a well-maintained six-unit apartment building. Priced at a 4.13% Cap Rate with both units occupied, the property has upside potential to a 5.71% Cap Rate at market. Multiple capital improvements have been completed recently, including a new roof. The building is professionally managed and will be delivered with two vacancies, allowing a new owner to capture additional upside in rents. Situated in a vibrant and growing area, the property is just minutes from key landmarks such as Exposition Park, home to the California Science Center, Natural History Museum, and the iconic Los Angeles Memorial Coliseum. The University of Southern California (USC) is also nearby, offering a steady demand for housing. Additionally, the renowned Shrine Auditorium and the Crypto.com Arena (formerly Staples Center) are just a short drive away, making this an ideal location for both residents and investors.
Highlights
Home typeOther
HeatingNatural Gas
StatusActive
Size3,178 sqft
Lot size0.1645 Acres
Year built1923
MLS #25487561
Summary
- MLS Number: 25487561
- MLS Name: CRMLS
- Office Name: Dover Management Corp.
- Office Phone: (818) 843-5200
- Listing Agent: Douglas Steinriede
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 1:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,575,000
1952 W 39th St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 15, 2022 | Home Sold | $1,395,000 |
| Oct 05, 2018 | Home Sold | $985,000 |
| Feb 05, 2014 | Home Sold | $575,000 |
| Sep 29, 2011 | Home Sold | $395,000 |
| Jun 23, 2005 | Home Sold | $525,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,452,018 | $18,393 |
| 2023 | $1,423,560 | $18,051 |
| 2022 | $1,036,069 | $13,050 |
| 2021 | $1,015,768 | $12,885 |
| 2020 | $1,004,700 | $12,530 |
| 2019 | $985,000 | $8,237 |
| 2018 | $619,484 | $8,028 |
| 2017 | $607,339 | $8,028 |
History based on county public records data.
Nearby schools
6
Tom Bradley Global Awareness Magnet
Public Magnet KG-5
0.3 mi
•3875 Dublin Ave
4
King Jr. Elementary School
Public District KG-5
0.5 mi
•3989 S Hobart Blvd
2
42nd Street Elementary School
Public District KG-5
0.6 mi
•4231 4th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,311. Most Los Angeles, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
30%
<35k
59%
35k-100k
10%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
39%
Single, No Kids
22%
Single, with Kids
12%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
10%
12-17 yrs old
27%
18-34 yrs old
37%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
H&M
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
Popeyes
What do the neighbors drive?
Dodge
Nissan
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1952 W 39th St
This home is located at 1952 W 39th St in Los Angeles, CA and zip code 90062 in the South LA neighborhood. This 3,178 square foot home, which was built in 1923, sits on a 0.16 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 22, 2025 and is currently priced at $1,575,000.
Over 524 listings were sold over their listed price in December 2024 in Los Angeles, CA. In the same period over 740 listings were sold below the listed price and 203 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between November and December 2024 decreased by 5.3%. While the average time on the market in December 2024 was 41 days, the median list price was $1,026,634.
From Rocket Homes Real Estate and based on county public records data.