1215 W 39th Pl, Los Angeles, CA, 90037 | 4.2% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1215 W 39th Pl, Los Angeles, CA, 90037 | 4.2% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Los Angeles at 1215 W 39th Pl, Los Angeles, CA, 90037 listed at $1,300,000 pairs $4,554/mo rent with a $6,363/mo payment. Total monthly income runs $4,554/mo. Return on cash invested measures 10.43% in year one, and rental yield registers 4.2% at a $1,300,000 basis. Equity gained on principal adds $8,389/yr, and annual property appreciation at 5% supports $359,166 by year five. Five-year ROI tracks 51.92% and total cumulative return in cash totals $218,667. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,554/mo property income relative to a $6,363/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1923

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

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.

Neighborhood Data

Neighborhood data shown for ZIP Code: 90037, Los Angeles, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,643 (100%)
Owner Occupied HU	4,171 (23.6%)
Renter Occupied HU	12,641 (71.6%)
Vacant Housing Units	831 ( 4.7%)
Median Home Value	$683,518
Average Home Value	$770,661