NOT LISTED FOR SALE

1128 W 39th St Los Angeles, CA 90037

Exposition Park Neighborhood

Estimated Value: $1,079,000 - $2,969,000

8 Beds
16 Baths
13,532 Sq Ft
$165/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $2,250,000 $166 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $14,503/month

54 Days on Market

About This Home

As of May 2021

OPPORTUNITY ZONE In one of downtown LAs fastest growing neighborhoods, The 39 is near the iconic Memorial Coliseum (host of the upcoming 2028 Olympics), the highly anticipated $1 billion Lucas Museum, and the expansion of the Expo light rail line. Less than a 10-minute walk to USC campus, CTIs student housing development will complement the existing residential community and embrace emerging trends in urban living such as easy access to public transportation and last-mile mobility hubs (car share, bikes, scooters), sustainable building concepts, a lower carbon footprint, and optimized space utilization. One of the worlds leading private research universities, USCs student population has grown at a consistently high annual rate - from 33,700 to 47,500 students over the last ten years - and is currently experiencing a housing shortage of approximately 12,000 beds.

Last Agent to Sell the Property

Don Ashley

The Wellmakers Group License #01988292 Listed on: 04/01/2021

Last Buyer's Agent

Don Ashley

The Wellmakers Group License #01988292 Listed on: 04/01/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,527

Year Built

  • Built in 1922

Lot Details

  • 0.4 Acre Lot
  • Tear Down

Parking

  • 17 Parking Spaces

Home Design

  • 13,532 Sq Ft Home

Bedrooms and Bathrooms

  • 16 Bathrooms

Community Details

  • 38 Units

Listing and Financial Details

  • Assessor Parcel Number 5037-020-046

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,527

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Tear-Down
  • Street Number Display: Yes
  • Living Area: 13532
  • Lot Acreage: 0.3986
  • Property Condition: Tear Down
  • Year Built: 1922
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Total Bathrooms: 16.00
  • Price Per S Q F T: 171.81

Exterior Features

  • Other Structures: None

Garage/Parking

  • Total Parking: 17

Lot Info

  • Assessed Improvement Percent: 18.69
  • Assessed Improvement Value: 95808
  • Assessed Land Percent: 81.31
  • Assessed Land Value: 416834
  • Total Assessed Value: 512642
  • Assessor Parcel Number: 5037-020-046
  • Lot Description: Tear Down On Lot
  • Lot Size Area: 17363

Multi Family

  • Unit Type: 2106
  • Number Of Units: 38
  • Total Annual Expense: 0
  • Type Of Units: 19 - 2 beds
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 26, 2021
Sold by
Lw Usc Llc
Bought by
1128 Est Llc
Seller's Agent
Don Ashley
The Wellmakers Group
Buyer's Agent
Don Ashley
The Wellmakers Group
List Price
$2,325,000
Sold Price
$2,250,000
Premium/Discount to List
-$75,000
-3.23%
Current Estimated Value
$2,229,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,027
Avg. Annual Appreciation
-0.19%
Original Mortgage
$1,125,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 7, 2019
Sold by
Chinchilla Salvador and Chinchilla Eduardo
Bought by
Lw Usc Llc

Purchase Details

Closed on
Jul 11, 2005
Sold by
Chinchilla Salvador
Bought by
Chinchilla Salvador and Chinchilla Eduardo

Purchase Details

Closed on
Mar 15, 2005
Sold by
Chinchilla Salvador and Chinchilla Eduardo
Bought by
Chinchilla Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2000
Sold by
Chinchilla Salvador
Bought by
Chinchilla Salvador and Chinchilla Eduardo

Purchase Details

Closed on
Jan 29, 1996
Sold by
Cyprus Kip C
Bought by
Chincilla Salvador and Chinchilla Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,019
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 1995
Sold by
Cyprus Amy L
Bought by
Cyprus Kip C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.58%

Purchase Details

Closed on
Oct 31, 1995
Sold by
Adler Md Donald and Adler Barbara
Bought by
Cyprus Kip C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.58%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1128 Est Llc $2,250,000 Chicago Title
Lw Usc Llc $1,950,000 Chicago Title
Chinchilla Salvador -- --
Chinchilla Salvador -- United Title Company-La
Chinchilla Salvador -- --
Chincilla Salvador $200,000 Fidelity National Title
Cyprus Kip C -- Fidelity National Title Ins
Cyprus Kip C $65,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1128 Est Llc $5,000,000
Closed 1128 Est Llc $4,000,000
Closed 1128 Est Llc $1,125,000
Previous Owner Chinchilla Salvador $310,000
Previous Owner Chinchilla Salvador $203,000
Previous Owner Chincilla Salvador $194,019
Previous Owner Cyprus Kip C $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $2,250,000 -3.2% $166 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $2,325,000 +19.2% $172 / Sq Ft
07/09/2019 07/09/19 Sold $1,950,000 -7.1% $639 / Sq Ft
05/27/2019 05/27/19 Price Changed $2,100,000 0.0% $688 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
01/16/2019 01/16/19 Price Changed $2,100,000 +7.7% $688 / Sq Ft
01/16/2019 01/16/19 Price Changed $1,950,000 -7.1% $639 / Sq Ft
11/27/2018 11/27/18 Price Changed $2,100,000 -8.7% $688 / Sq Ft
09/28/2018 09/28/18 For Sale $2,299,000 -- $753 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $28,527 $2,387,718 $2,387,718 --
2024 $28,527 $2,340,900 $2,340,900 --
2023 $27,974 $2,295,000 $2,295,000 $0
2022 $26,672 $2,250,000 $2,250,000 $0
2021 $23,800 $1,970,202 $1,414,504 $555,698
2020 $24,045 $1,950,000 $1,400,000 $550,000
2019 $6,906 $533,351 $433,673 $99,678
2018 $6,682 $522,894 $425,170 $97,724
2016 $6,372 $502,591 $408,661 $93,930
2015 $6,283 $495,043 $402,523 $92,520
2014 $6,321 $485,347 $394,639 $90,708
Source: Public Records

Agents Affiliated with this Home

  • Don Ashley

    Seller's Agent in 2021

    Don Ashley

    The Wellmakers Group

    (310) 595-7876

    1 in this area

    13 Total Sales

    Don Ashley
    Section Image

  • W

    Seller's Agent in 2019

    Willie Hertz

    Media West Realty,Inc.

    (818) 281-7756

    23 Total Sales

    Willie Hertz
    Section Image
  • Chris Hertz

    Seller Co-Listing Agent in 2019

    Chris Hertz

    Media West Realty,Inc.

    (818) 395-5684

    27 Total Sales

    Chris Hertz
    Section Image
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Map

Source: The MLS

MLS Number: 21-739702

The MLS

APN: 5037-020-046

California Los Angeles County Los Angeles 90037 Exposition Park

1128 W 39th St, Los Angeles, CA

This home is located at 1128 W 39th St, Los Angeles, CA 90037 since 01 April 2021 and is currently estimated at $2,229,973, approximately $164 per square foot. This property was built in 1922. 1128 W 39th St is a home located in Los Angeles County with nearby schools including Lenicia B. Weemes Elementary School, Manual Arts Senior High School, and Equitas Academy 5.

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