Excellent Opportunity to Own a Four Unit Income Property located near USC. Great for an Investor or Owner-User looking to live in one unit now while collecting rent from the other 3 units. All 4 units have 1 bedroom & 1 bathroom mixes with spacious and similar layouts. This property features 2 separate buildings on a lot with each building having (2) 1 bedroom & 1 bathroom units. Building 1 is 1,804 sf (each unit approx 900sf) and Building 2 is 1,508 sf (each unit approx 750 sf). Lot Size 5,228 sf. 1 unit has washer/dryer hookup. All units are separately metered. Tenants pay for own electricity, gas, cable. Owner Pays for water, trash, gardener. Current tenants pay $1,995/month, $1,820/month, and $1,100/month. Prime location and high demand for rentals being in close proximity to USC, Downtown LA, the Exposition Metro Line, BMO Stadium, and the LA Coliseum. Don't miss out on this Four Plex!
Sold for $940,000
Listed by: Silver King Brokers • Michael Pina • Contact: 310-343-3789
Bought with: Mill Street Real Estate and Mortgage
$940,000
1486 W 39th St, Los Angeles, CA 90062
4beds
4baths
3,312sqft
Quadruplex
Built in 1922
-- sqft lot
$927,100 Zestimate®
$284/sqft
$1,749 Estimated rent
Home value
$927,100
$834,000 - $1.03M
$1,749/mo
Zestimate® history
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Spacious and similar layouts
Zillow last checked:
Listing updated:
Listed by:
Michael Pina DRE #02014130 310-738-0557,
Silver King Brokers
Bought with:
Vahe Chris Mansourian, DRE #01969158
Mill Street Real Estate and Mortgage
Source: CRMLS,MLS#: SB25021796
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Rooms
- Room types: Bedroom, Kitchen, Living Room
Bedroom
- Features: All Bedrooms Down
Heating
- Natural Gas, Wall Furnace
Cooling
- None
Appliances
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- All Bedrooms Down
- Flooring: Carpet, Laminate
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below
Interior area
- Total structure area: 3,312
- Total interior livable area: 3,312 sqft
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
- Entry location: front
- Pool features: None
- Spa features: None
- Fencing: Wrought Iron
- Has view: Yes
- View description: City Lights, Neighborhood
Lot
- Size: 5,228 Square Feet
- Features: Corner Lot, Front Yard, Value In Land
Details
- Additional structures: Two On A Lot
- Parcel number: 5036024016
- Zoning: LAR2
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Foundation: Raised
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $284/sqft
- Tax assessed value: $997,535
- Annual tax amount: $12,430
- Date on market: 1/30/2025
- Cumulative days on market: 19 days
- Listing terms: Cash,Cash to New Loan,Conventional,FHA
- Total actual rent: 4915
- Tenant pays: Cable TV, Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2025 | Sold | $940,000$284/sqft |
Source:  CRMLS #SB25021796 Report a problem | ||
| 2/19/2025 | Contingent | $940,000$284/sqft |
Source: CRMLS #SB25021796 Report a problem | ||
| 1/31/2025 | Listed for sale | $940,000-6.3%$284/sqft |
Source: CRMLS #SB25021796 Report a problem | ||
| 1/6/2023 | Listing removed | -- |
Source:  CLAW #22-210181 Report a problem | ||
| 11/6/2022 | Price change | $1,003,000-2%$303/sqft |
Source: CLAW #22-210181 Report a problem | ||
| 10/19/2022 | Listed for sale | $1,023,000+82.7%$309/sqft |
Source: CLAW #22-210181 Report a problem | ||
| 3/21/2006 | Sold | $560,000+124%$169/sqft |
Source: Public Record Report a problem | ||
| 11/22/2002 | Sold | $250,000-3.8%$75/sqft |
Source: Public Record Report a problem | ||
| 9/8/1999 | Sold | $260,000+52.9%$79/sqft |
Source: Public Record Report a problem | ||
| 5/20/1998 | Sold | $170,000$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,430 +86.7% | $997,535 +94.9% |
| 2024 | $6,659 +1.8% | $511,758 +2% |
| 2023 | $6,541 +4.6% | $501,736 +2% |
| 2022 | $6,253 +1.5% | $491,910 +2% |
| 2021 | $6,160 -0.9% | $482,278 +1% |
| 2020 | $6,217 | $477,340 +2% |
| 2019 | $6,217 +5.6% | $467,994 +2% |
| 2018 | $5,887 | $458,830 +2.1% |
| 2017 | $5,887 +2.1% | $449,246 +2% |
| 2016 | $5,766 +2.9% | $440,438 +1.5% |
| 2015 | $5,606 +0.6% | $433,823 +2% |
| 2014 | $5,572 | $425,326 +4.5% |
| 2011 | -- | $406,966 +0.8% |
| 2010 | -- | $403,925 -0.2% |
| 2009 | -- | $404,885 +2% |
| 2008 | -- | $396,947 +4% |
| 2005 | -- | $381,534 +4% |
| 2004 | -- | $366,720 +35.6% |
| 2002 | -- | $270,504 +4% |
| 2000 | -- | $260,000 |
Find assessor info on the county website
Neighborhood: South Los Angeles
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Nearby schools
GreatSchools rating
- 4/10Martin Luther King Jr. Elementary SchoolGrades: K-5Distance: 0.2 mi
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Estimated market value
$927,100
Get a cash offer in 3 minutes
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Estimated market value
$927,100
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