1215 W 39th Place, Los Angeles, CA 90037

• 4 beds |
• 2 baths |
• 2,828 sqft

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. Property will be DELIVERED VACANT! 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.

Listing Status:

Active

Date Added:

July 21, 2025 at 05:00AM

Listing Office:

eXp Realty of Greater Los Angeles : 888-652-1314

Listing Agent:

Justin Borges : 323-684-4421

MLS ID:

25581935

Interior

• Flooring: Wood
• A/C: None
• Heating: Floor Furnace
• Fireplace: Living RoomFireplace

Exterior

• General: None
• Style: Craftsman
• Pool: None
• Parking: OversizedParking spaces: 5

Construction

• General: 1

Location

• Originating MLS: CRMLS_CL
• County: Los Angeles

Lot

• Zoning: LAR35037008009
• View: None

Financial

• Source: CRMLS_CL

This listing courtesy of Justin Borges, eXp Realty of Greater Los Angeles