SOLDOCT 18, 2023
Listed by Elizabeth Maddox, Myunits.com Inc., (818) 859-7242 . Bought with Figure 8 Realty
2320 W 39th St
Los Angeles, CA 90008
Leimert Park
6 Beds
3 Baths
2,453 sqft
- 6 Beds
- 3 Baths
- 2,453 sqft
6 Beds
3 Baths
2,453 sqft
Homes for Sale Near 2320 W 39th St
Skip to last item
Emanuel Amah DRE # 00942978, Viewpoint Mortgage- NEW - 2 DAYS AGOScott Harvey DRE # 01963157, Figure 8 Realty
See more homes for sale inLos AngelesTake a look
Skip to first item
Local Information
© Google
-- mins to
Commute Destination
Description
This property is no longer available to rent or to buy. This description is from October 19, 2023
MAJOR VALUE ADD PLAY!!! 2320 W 39th St is a 50% vacant, 50% renovated Spanish style duplex in the historical neighborhood of Leimert Park, voted 2016’s “Neighborhood of the Year” on Curbed LA. This eye-catching property, situated on a large, perfectly manicured lot, was majorly updated in 2018/2019. With a sleek, modernized upstairs unit, new paint, new landscaping/hardscaping, & large private yards, this property is a magnet for high quality tenants. Not to mention, with the renovated upstairs 3 bed, 1 bath unit being delivered vacant, this is a dream scenario for owner occupiers. Obtain a lower rate via residential financing, live in a gorgeous home, & have the other tenant contribute to the mortgage: the most economical way to live in LA! Plus, with potential to add TWO 800 square foot ADU’s, we project $580,000 of estimated profit & an ARV of $1,895,000. There is also a valuable opportunity for owner users to enhance their investment. If an owner, their parents, or children plan to reside in the larger downstairs unit for a two-year period, they can take possession of the unit. This can be accomplished by providing the tenant with a 60-day notice & paying a relocation fee of $24,650. Once the two-year residency requirement is met, the owner has the option to release the unit at the market rent to a third party, which would result in an increase in overall value & operating cash flow. For more information refer to https://housing.lacity.org/rental-property-owners/landlord-occupancy-owners If you are an investor looking for a strong return & major appreciation potential, this property checks that box as well, with a current 4.90% cap rate & a whopping 6.47% pro forma cap rate. Enjoy strong return while owning the property with the nicest curb appeal in all of Leimert Park. The existing tenant is responsible, friendly & has always paid on time. The quality of the property is outstanding, with reinforced foundation with anchor bolts & cripple wall, plus various plumbing, & electrical updates. Both units have in unit laundry as well, a major draw for tenants. Situated on a peaceful palm tree-lined street 2.5 miles from Exposition Park and the USC campus, this property offers buyers the best of both worlds- close proximity to the countless city destinations & employment hubs, while also boasting a quiet residential location!
Home Highlights
Parking
Garage
Outdoor
Patio
A/C
Cooling only
HOA
None
Price/Sqft
$406/sqft
Listed
40 days ago
Home Details for 2320 W 39th St
Interior Features |
|---|
Interior Details Number of Rooms: 1Types of Rooms: Bedroom 3 |
Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 3 |
Appliances & Utilities Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, RangeDishwasherLaundry: InsideMicrowaveRefrigerator |
Heating & Cooling Has CoolingAir Conditioning: Wall/Window Unit(s) |
Fireplace & Spa Fireplace: NoneSpa: NoneNo FireplaceNo Spa |
Windows, Doors, Floors & Walls Flooring: WoodCommon Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: Front and SideAccessibility: NoneFloors: Wood |
View Has a ViewView: Neighborhood |
Exterior Features |
|---|
Exterior Home Features Patio / Porch: PatioNo Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 2No CarportHas a GarageParking Spaces: 4Parking: Assigned |
Pool Pool: None |
Frontage Road Frontage: City StreetRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
Property Information |
|---|
Year Built Year Built: 1939 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: DuplexArchitecture: Spanish |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 5034019027 |
Price & Status |
|---|
Price List Price: $995,000Price Per Sqft: $406/sqft |
Status Change & Dates Off Market Date: Tue Aug 29 2023 |
Active Status |
|---|
MLS Status: Closed |
Location |
|---|
Direction & Address City: Leimert Park |
Building |
|---|
Building Area Building Area: 2453 Square Feet |
Community |
|---|
Community Features: SidewalksNot Senior Community |
HOA |
|---|
Association for this Listing: California Regional MLSNo HOA |
Lot Information |
|---|
Lot Area: 6504 sqft |
Listing Info |
|---|
Special Conditions: Standard |
Offer |
|---|
Listing Terms: Down Payment Resource |
Compensation |
|---|
Buyer Agency Commission: 2Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
|---|
Expense Tenant Pays: Electricity, Gas |
Rental |
|---|
Has Rent Control |
Miscellaneous |
|---|
Mls Number: BB23136407 |
Additional Information |
|---|
Sidewalks |
Last check for updates: about 11 hours ago
Listed by Elizabeth Maddox DRE #01921425
Myunits.com Inc.
Ian Maddox DRE #02030205
Myunits.com Inc.
Bought with: Scott Harvey DRE #01963157, (831) 915-4692, Figure 8 Realty
Co-Buyer's Agent: Justin Setareh DRE #01921425, (310) 279-3355, Figure 8 Realty
Originating MLS: California Regional MLS
Source: CRMLS, MLS#BB23136407
Price History for 2320 W 39th St
| Date | Price | Event | Source |
|---|---|---|---|
| 10/18/2023 | $995,000 | Sold | CRMLS #BB23136407 |
| 08/29/2023 | $995,000 | Pending | CRMLS #BB23136407 |
| 08/16/2023 | $995,000 | Listed For Sale | CRMLS #BB23136407 |
Comparable Sales for 2320 W 39th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.12 | Multi-Family Home | $1,289,000 | 10/19/23 | 7 | 5 | 2,766 | |
0.26 | Multi-Family Home | $830,000 | 10/04/23 | 4 | 3 | 2,156 | |
0.34 | Multi-Family Home | $1,025,000 | 11/21/23 | 4 | 3 | 2,018 | |
0.29 | Multi-Family Home | $810,000 | 07/28/23 | 4 | 2 | 2,088 | |
0.37 | Multi-Family Home | $981,000 | 03/27/24 | 7 | 5 | 3,679 | |
0.56 | Multi-Family Home | $1,035,000 | 07/06/23 | 5 | 3 | 3,649 |
Assigned Schools
These are the assigned schools for 2320 W 39th St.
- Audubon Middle School
- 6-8
- Public
- 439 Students
2/10GreatSchools RatingParent Rating AverageMy sister went here for a year. The emotional trauma she went through from the students themselves and at the hands of the staff affected her for the rest of her middle school years. She is special needs and her teachers did absolutely nothing for her. They would give her packets printed off of Google and would never answer her questions or show her the lectures on subjects. Students would attempt to throw water on her hearing aids and staff never attempted to discipline them. Don’t bring your child here.Other Review1y ago - Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
- 9-12
- Public
- 599 Students
2/10GreatSchools RatingParent Rating AverageI am a black parent of a child who was attending Crenshaw H.S. This is an under performing school that needs to be shut down. The inner city need vouchers. They need to shut down this school for failing students in both math and English. People, we need to wake up...we are and should not be victims of our own government institutions!!!!!Other Review7y ago - Tom Bradley Global Awareness Magnet School
- K-5
- Public
- 203 Students
6/10GreatSchools RatingParent Rating AverageI CAN only rate my experiece based upon ONE meeting held in regard to My Grandson!...Those Individuals were Superb in Showing Compassion toward His Future!Other Review4y ago 
Check out schools near 2320 W 39th St.
Check with the applicable school district prior to making a decision based on these schools. Learn more.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Leimert Park
- Trulia User
- Resident
- 7mo ago
" I lived in the neighborhood for 12 years; it is a walkable community. Neighbors are friendly, and we watch out for each other. 99% of my neighbors take pride in keeping the community neat and clean."
- Trulia User
- Resident
- 8mo ago
"Good access to public transportation. The metro is 1 mile away from me. The freeway is 2 miles away from me. plenty of bus routes around me as well "
- Trulia User
- Resident
- 10mo ago
"Leimert Park is a historic community. Juneteenth, it’s a great community to live in family dogs, diverse love, and my neighbors."
- Trulia User
- Resident
- 11mo ago
"Taste of soul happens every year in the fall where many different vendors come together with delicious food of the soul of the community."
- Trulia User
- Resident
- 1y ago
"I have lived in this neighborhood since 1996 and have watched it evolve and change . A lot more safe and more food options , slowly but surely becoming more up to date "
- Trulia User
- Resident
- 1y ago
"It’s literally close to everything. And anyplace you would want to go, is accessible from and too this area. "
- Trulia User
- Prev. Resident
- 2y ago
"public transportation a plus. street parking not so good. get alot of tickets street parking and street cleaning"
- Trulia User
- Resident
- 2y ago
"Leimert Park, Windsor Hills, Jefferson Park and Crenshaw Community have historical landmarks. Houses, apartments, parks and alot of history."
- April P. W.
- Resident
- 3y ago
"Commute is pretty easy from here to downtown, or Santa Monica. Good access to public transport as well."
- Gailmolen
- Resident
- 3y ago
"Easy to get around. There’s an East to West metro line and a new North to South line opening 2021. Also many bus stops nearby and bike lanes being added."
- Rwtv2003
- Resident
- 4y ago
"People keep up their landscaping and homes. Also close to lots of stuff grocery stores,mall,movies and restaurants"
- Msbentley84
- Visitor
- 4y ago
"Commute is not bad. It’s near the 10 fwy. Takes me 20 min to get to work. Easy to get around the neighborhoods "
- Christopher L.
- Resident
- 4y ago
"Know that the improvements throughout the years of Leimert Park and Crenshaw area has been for the better. People are fighting to keep Crenshaw in tradition"
- Gladiola R.
- Resident
- 4y ago
"Our neighbors get together regularly for cocktails and events. Its a very warm and friendly neighborhood."
- Frank A. T. I.
- Resident
- 4y ago
"Walking and jogging clubs; annual food fest: Holliday decorations. Annual Garden Show is popularly attended and well participated in by property owners."
- Josue V.
- Resident
- 4y ago
"Gangster n marijuana shop, n shooting n police and helicopter often, Young people come and smoke weed n around all the time"
- Unspecified
- Resident
- 4y ago
"It’s easy enough to leave and enter Leimert Park to your destination so long as your doing it during off-peak hours. "
- Leimert resident
- Resident
- 5y ago
"Lots of events and friendly neighbors. Subway opens next year. Running on the trails up to Kenneth Hahn park. Beautiful spot!"
- Monica Tims
- Resident
- 5y ago
"Music. Art, Food Trucks, Parades, Festivals, Community vigils and justice, Neighborhood Watch, Chess, The World Stage, Great Food and community "
- Nchfow
- Resident
- 5y ago
"Fast drivers on residential streets. Mostly in area where there is apartments. City is implementing more speed bumps. They might try making them higher because cars just zoom right over them. It’s also not a lot of kids that play outside. "
- Gail M.
- Resident
- 5y ago
"Third Thursday Meet & Greet, Free Cafe, Sutro Block Party, Sunday drum circle, Run Walk Saturday group, Taste of Soul"
- Kallie
- Resident
- 5y ago
"Old houses, lots of neighbors who have lived here a long time and have great stories about the neighborhood and history of LA."
- Oakland5398
- Visitor
- 5y ago
"My sister-in-law sister used to live in the neighborhood and my nephew I go to the place at the theater the festivals and the taste of soul."
- Erik L.
- Resident
- 5y ago
"Centrally located to all parts of LA. 20 minute drive to DTLA, Hollywood, LAX, or Marina Del Rey. Close to USC Campus, Museums and the Colosseum. The Metro train station is nearby for a quick and easy trip to Santa Monica or DTLA. Soon a train to LAX will be available. "
- Dudleyjoshua21
- Resident
- 5y ago
"It’s very in touch with African heritage. Nice and friendly neighborhood. I love it💕wouldn’t want to move. "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST 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. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST 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. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Homes for Rent Near 2320 W 39th St
Skip to last item
Skip to first item
Off Market Homes Near 2320 W 39th St
Skip to last item
- SOLDAPR 26, 2024Oron Maher DRE # 01299093, Maher Commercial Realty
- SOLDAPR 25, 2024Berkshire Hathaway HomeServices California Properties
- SOLDAPR 25, 2024Beita Miles DRE # 01953382, Compass
- SOLDAPR 24, 2024Philip Boroda DRE # 00822192, Coldwell Banker Realty
- See more homes for sale inLos AngelesTake a look
Skip to first item
2320 W 39th St, Los Angeles, CA 90008 is a 6 bedroom, 3 bathroom, 2,453 sqft multi-family built in 1939. 2320 W 39th St is located in Leimert Park, Los Angeles. This property is not currently available for sale. 2320 W 39th St was last sold on Oct 18, 2023 for $995,000 (0% higher than the asking price of $995,000). The current Trulia Estimate for 2320 W 39th St is $1,040,200.