
721 W 39th St Los Angeles, CA 90731
Estimated payment $10,926/month
About This Home
We are pleased to present a rare coastal investment opportunity located just moments from the cliffs of the Pacific Ocean in a quiet, residential neighborhood. This well-maintained multifamily property consists of five spacious units three 2-bedroom, 1-bath units and two 3-bedroom, 2-bath units with an average unit size of 1,076 square feet. The property has undergone significant upgrades, including soft-story seismic retrofitting, new exterior railings, fresh exterior paint, and a recently renovated interior in one of the 3-bedroom units. Residents enjoy the peaceful surroundings and close proximity to scenic cliffside walking paths, creating a highly desirable living environment. With a projected 36% upside in rental income, this asset presents a compelling opportunity for investors seeking a high-quality, income-generating property with strong long-term potential.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 6,101 Sq Ft Lot
- Lot Dimensions are 50x122
Parking
- 5 Car Garage
Interior Spaces
- 5,384 Sq Ft Home
- 2-Story Property
Kitchen
- Oven or Range
- Disposal
Bedrooms and Bathrooms
- 12 Bedrooms
- 7 Bathrooms
Utilities
- Heating System Mounted To A Wall or Window
Community Details
- 5 Units
Listing and Financial Details
- Assessor Parcel Number 7467-021-002
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/26/2025 05/26/25 | For Sale | $1,675,000 | -6.4% | $311 / Sq Ft |
06/16/2022 06/16/22 | Sold | $1,790,000 | -0.4% | $332 / Sq Ft |
04/07/2022 04/07/22 | For Sale | $1,798,000 | +28.0% | $334 / Sq Ft |
09/15/2020 09/15/20 | Sold | $1,405,000 | -14.8% | $261 / Sq Ft |
07/03/2020 07/03/20 | Pending | -- | -- | -- |
02/23/2020 02/23/20 | For Sale | $1,650,000 | -- | $306 / Sq Ft |
Similar Homes in the area
Source: The MLS
MLS Number: 25544867

- 676 Shepard St Unit 6
- 624 W 38th St
- 690 W Paseo Del Mar
- 726 W 37th St
- 3622 S Gaffey St
- 545 W 36th St
- 3500 S Peck Ave Unit 2
- 3621 S Pacific Ave
- 3437 S Carolina St
- 3311 S Carolina St
- 3325 S Pacific Ave
- 3049 S Pacific Ave
- 976 W 37th St
- 735 W 30th St
- 2848 S Kerckhoff Ave
- 3621 S Emily St
- 2708 S Carolina St
- 2628 S Kerckhoff Ave
- 765 W 26th St Unit 308
- 2616 S Denison Ave
- 721 W 39th St Unit Front
- 704 W 40th St
- 4081 Bluff Place
- 3621 Pacific Unit 10
- 3621 S Pacific Ave Unit 10
- 708 W 32nd St Unit B
- 3138 S Gaffey St Unit 10
- 962 W Paseo Del Mar
- 755 W 30th St Unit 3
- 762 W 30th St Unit 10
- 2910 S Peck Ave
- 2820 S Carolina St
- 740 W 27th St Unit 4
- 740 W 27th St
- 2641 S Pacific Ave Unit 2645
- 765 W 26th St
- 851 W Hamilton Ave
- 770 W Hamilton Ave Unit B
- 2404 S Carolina St
- 602 W 24th St