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1191 W 39th Pl

1191 W 39th Pl, Los Angeles, CA 90037, USA

$925,000

CLOSED

May 15, 2025

SALE PRICE

$925,000

UNITS

6

PRICE PER UNIT

$154,167

PRICE PER SF

$236.45

CAP RATE

5.47%

GRM

10.07

Deal Story

Selling Agent

The Tuvia Group successfully closed 1191 W 39th Place, a six-unit bungalow-style multifamily property in South Los Angeles, for $925,000. After the seller had difficulty selling the property off-market, the team generated multiple offers within just one week and secured a full-price, all-cash, non-contingent buyer from Day 1. The transaction closed in just 15 days, with two units delivered vacant and more than 40% rental upside remaining for the buyer.

Jason Tuvia

Senior Managing Director Investments

818-212-2735

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818-212-2735

Marcus & Millichap

16830 Ventura Blvd #100

Encino, CA 91346

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License

#01772495

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