This 8-unit property offers a unit mix of (6) 1-Bed/1-Bath, (1) 2-Bed/1.5-Bath, and (1) 2-Bed/1-Bath across three buildings totaling 7,821 SF at $266.87/SF. With a current CAP of 5.77% and a GRM of 11.27, the property offers huge upside potential with a market CAP of 9.51% and a market GRM of 7.81. Located just half a mile from The Coliseum and USC Campus in South LA, this property is ideally situated for a yield-focused investor looking for a profitable opportunity in a growing area.
Sold for $1,405,000
Listed by: Lyon Stahl Investment Real Estate, Inc. • Brett Lyon • Contact: 310-706-4066
Bought with: Lyon Stahl Investment Real Estate, Inc.
$1,405,000
234 W 39th St, Los Angeles, CA 90037
10beds
9baths
5,602sqft
Mixed Use
Built in 1940
-- sqft lot
$-- Zestimate®
$251/sqft
$2,362 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,362/mo
Zestimate® history
Owner options
List your home for rent
$2,362/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,362/mo
Rent Zestimate®
Refinance and save
$9,089/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$9,089/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Brett Lyon DRE #01717818 310-706-4066,
Lyon Stahl Investment Real Estate, Inc.,
Woody Stahl DRE #01399621 310-425-9838,
Lyon Stahl Investment Real Est
Bought with:
Brett Lyon, DRE #01717818
Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS,MLS#: SB23084029
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 9
Appliances
- Laundry: Gas Dryer Hookup
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,602
- Total interior livable area: 5,602 sqft
Property
Parking
- Total spaces: 7
- Parking features: Garage
- Garage spaces: 3
- Uncovered spaces: 4
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 7,821 Square Feet
- Features: 6-10 Units/Acre
Details
- Parcel number: 5122044007
- Zoning: LAM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Urban
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $251/sqft
- Tax assessed value: $1,433,100
- Annual tax amount: $18,352
- Date on market: 5/22/2023
- Cumulative days on market: 71 days
- Listing terms: Conventional
- Total actual rent: 10454
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2023 | Sold | $1,405,000$251/sqft |
Source:  CRMLS #SB23084029 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,352 +1.4% | $1,433,100 +2% |
| 2024 | $18,102 +597.1% | $1,405,000 +1148% |
| 2023 | $2,597 +2.9% | $112,578 +2% |
| 2022 | $2,523 +2.3% | $110,371 +2% |
| 2021 | $2,466 -0.3% | $108,208 +1% |
| 2020 | $2,472 | $107,100 +2% |
| 2019 | $2,472 +8% | $105,001 +2% |
| 2018 | $2,288 | $102,943 +2% |
| 2017 | $2,288 +3.5% | $100,925 +2% |
| 2016 | $2,211 +5.2% | $98,947 +1.5% |
| 2015 | $2,103 -1.8% | $97,462 +2% |
| 2014 | $2,140 | $95,554 +4.5% |
| 2011 | -- | $91,431 +0.8% |
| 2010 | -- | $90,749 +1.8% |
| 2008 | -- | $89,183 +2% |
| 2007 | -- | $87,436 +2% |
| 2005 | -- | $85,722 +4% |
| 2004 | -- | $82,395 +1.9% |
| 2003 | -- | $80,885 +2% |
| 2002 | -- | $79,300 |
Find assessor info on the county website
Neighborhood: Central City
Nearby homes
- $527,9002 bd1 ba800 sqft244 W 39th St, Los Angeles, CA 90037Off Market
- $451,9001 bd1 ba600 sqft236 W 39th St, Los Angeles, CA 90037Off Market
- $594,596-- bd-- ba4.9k sqft3842 South Broadway, Los Angeles, CA 90037Off Market
- $857,300-- bd-- ba-- sqft3859 Broadway Pl, Los Angeles, CA 90037Off Market
- $889,700-- bd-- ba3.9k sqft3929 Broadway Pl, Los Angeles, CA 90037Off Market
- $835,4007 bd3 ba3.3k sqft3926 South Broadway, Los Angeles, CA 90037Off Market
- $901,2004 bd4 ba3.7k sqft3906 S Hill St, Los Angeles, CA 90037Off Market
- $874,1004 bd4 ba2.1k sqft316 W 39th St, Los Angeles, CA 90037Off Market
Nearby schools
GreatSchools rating
- NAMaple Primary CenterGrades: K-2Distance: 0.4 mi
- 4/10William Jefferson Clinton Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community HighGrades: 9-12Distance: 1.4 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Los Angeles Topics
