1173 W 39th Place
Los Angeles, CA, 90037
$2,499,000
MLS: RS26214491
Beds
—
Baths
—
Sq Ft
7,904
Lot
0.60 ac
Year Built
1921
MLS #
RS26214491
Days on Market
1
Listed
Oct 12, 2026
Description
Come see this rare opportunity to own half an acre of land less than 1/2 mile from USC and steps away from Exposition Park. Excellent Location - Located minutes from USC & DTLA. Exposition Park is within walking distance. Historic South Los Angeles is a storied neighborhood. Proximity to Major Freeways – 10, 5, 110, and 60 Freeways for seamless access to major corridors. Strong Job Market - Located in an area with a Major Corporations and a skilled industrial labor pool and excellent public transit connectivity. Proximity to Ports of LA and Long Bach & Airports. 12-Unit Apartment Complex (fully leased) Eight detached 2-bed units + four 1-bed units Building Total ± 7,904 SF | Lot Size ±25,986sf Parcel No: 5037008015 (3,952sf / ±11,058sf) Parcel No: 5037008016 (3,952sf / ±14,928sf) Year Built: 1921/1926 In place rents: $9,981/mo Parking at rear of property
Location
Los Angeles, Los Angeles County, CA 90037
Open on Google Maps ↗Listed by: Matthew Souza · Edgewater Realty Associates
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$19,413
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $249,900 · Loan: $2,249,100
Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $15,572
- Property tax (1.25%)
- $2,603
- Homeowners insurance
- $300
- Mortgage insurance
- $937
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 8, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.73%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $87,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Los Angeles, CA 90037 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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