1234 W 39th Place, Los Angeles, CA 90037
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate



1234 W 39th Place,Los Angeles, CA 90037
$1,100,000
- 0.16 Acres
- Lots / Land
- Pending
Listed by:arash pashaei
Office:keller williams beverly hills
MLS#:25576913
Source:CRMLS
Price summary
- Price:$1,100,000
About this home
RTI Development Project with SB8 Exemption letter in hand. Ready to Start Construction!! Perfectly designed RTI development opportunity with Ready-To-Issue (RTI) permits, located in the highly coveted USC/Exposition Park neighborhood. This site includes approved RTI plans for a 6-unit apartment building, in one of Los Angeles' most vibrant and rapidly growing areas. The plans feature three townhome-style buildings, two of each are three stories high, along with an additional two-story building at the rear. The layout offers a great mix of unit types: the front building contains two townhomes, each with 3 bedrooms and 3 bathrooms; the middle building includes two townhomes, each with 4 bedrooms and 4 bathrooms; and the rear building consists of two 1-bedroom, 1-bathroom oversized ADU's, with the potential to add more bedrooms due to available spaces. All units are thoughtfully designed to optimize both space and comfort. The property is ideally located near USC where newly constructed properties are consistently sold at premium prices or fully leased upon completion. The plans have been thoroughly vetted and are ready for immediate issuance, eliminating the typical delays associated with project approvals. With SB-8 in effect, fewer new constructions are underway, making properties like this an even rarer and more sought-after asset. This presents a unique opportunity to invest in a fully planned housing development in one of Los Angeles' most dynamic neighborhoods. Just down the street from Exposition Park, home to numerous stadiums and museums, a half-billion-dollar project is set to be completed before the upcoming Olympics. Whether you're an investor or a developer, this project offers the potential for significant returns in an exceptionally desirable location.
Contact an agent
Home facts
- Listing Id #:25576913
- Added:7 day(s) ago
- Updated:August 19, 2025 at 03:41 AM
Structure and exterior
- Lot area:0.16 Acres
Finances and disclosures
- Price:$1,100,000
New listings near 1234 W 39th Place
- New
$395,000Active0.73 Acres3701 Camino De La Cumbre, Sherman Oaks, CA 91423
MLS# 25580057Listed by: CHRISTIE'S INTERNATIONAL REAL ESTATE SOCAL - New
$4,999,500Active8 beds 8 baths8,500 sq. ft.10655 Camarillo Street, Toluca Lake, CA 91602
MLS# 25580121Listed by: EQUITY UNION - New
$955,000Active3 beds 2 baths1,506 sq. ft.9037 Varna Avenue, Arleta, CA 91331
MLS# CV25186668Listed by: SYNERGY ONE REAL ESTATE - New
$825,000Active4 beds 3 baths1,602 sq. ft.9542 Via Venezia, Burbank, CA 91504
MLS# GD25186680Listed by: ELITE REAL ESTATE & MANAGEMENT - New
$899,000Active3 beds 1 baths1,121 sq. ft.17649 Lemay Street, Los Angeles, CA 91406
MLS# CL25577055Listed by: COMPASS - New
$739,999Active4 beds 3 baths2,061 sq. ft.9703 Pine Orchard Street, Arleta (los Angeles), CA 91331
MLS# CRSR25186139Listed by: ATLAS ELM REALTY - New
$1,249,000Active3 beds 2 baths1,458 sq. ft.12700 Kling Street, Studio City, CA 91604
MLS# 25579531Listed by: COMPASS - New
$2,575,000Active4 beds 5 baths5,492 sq. ft.20239 Jubilee Way W, Porter Ranch, CA 91326
MLS# SR25183923Listed by: HOMEBASED REALTY - New
$800,000Active-- beds -- baths1,236 sq. ft.2429 W 73rd Street, Los Angeles, CA 90043
MLS# OC25186606Listed by: FIRST TEAM REAL ESTATE - New
$1,299,000Active3 beds 2 baths1,974 sq. ft.10557 Mahoney Drive, Shadow Hills, CA 91040
MLS# BB25185968Listed by: REMAX EMPOWER