Listed price in listed location currency (USD).
$5,790,000

0029

MLS® AR26143019

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes $68,749
Days Active 0
Approx. Age 1972
MLS® Number AR26143019

Property Address: 939 W College St, Los Angeles, CA, 90012-1157

Average square foot calculated using Size range provided by listing agent.

Description

REDUCED PRICE! PRICED BELOW REPLACEMENT COST. 29-Unit Value-Add Opportunity by DODGER STADIUM w/ Panoramic DTLA Views, High-Upside Asset (±76% Rental Upside), 1972’s Construction, Seller May Carry 1st Trust Deed. 939 W College St., a 29-unit value-add apartment community by the Dodger Stadium area, within the Solano Canyon neighborhood. This value-add apartment investment was built in 1972 and offers an excellent location just within walking distance to the Dodger Stadium, Elysian Park, and just minutes away to Downtown Los Angeles, Chinatown, Little Tokyo, and all the shopping and lifestyle options in those areas. The property was solidly constructed with steel and concrete construction and offered at a very low price per unit and low price per square foot for it’s location and asset quality. The property is a podium style 4-story apartment that was built in 1972, has a large 22, 677 SF building size, and situated on a ±12, 171 SF LA-R4 zoned lot. It is a secured building with gated parking, has a central courtyard, shared laundry area (seller own machines), elevator, and covered garage parking. It offers a SUPERB unit mix of three (3) x 3bedroom + 2bathroom, twenty (20) x 2bedroom + 1bathroom, five (5) x 1bedroom + 1bathroom, and one (1) x Studio units. Approximately five (5) of the units have been updated (buyer to verify). Twenty-four (24) units have private balconies/patio with almost each balcony providing an unparalleled view of Downtown Los Angeles and the city. Each unit is separately metered for electricity and gas. All the units have updated electrical subpanels, and the main panels are waiting to be upgraded (pending permit from city). The property has a central water heater, shared laundry room (seller own machines), and an elevator. All the tenants are on month-to-month lease. Parking is secured provided by 29 spaces. The building has an automatic fire sprinkler in the garage area. Located strategically near Dodger Stadium and Elysian Park, this property is nestled in the heart of Los Angeles' vibrant 90012 zip code, boasting excellent walkability with a Walk Score of 85—meaning residents can ditch the car for most errands, errands that include strolling just a stone's throw (under a mile walk) to iconic Dodger Stadium for game-day thrills and Elysian Park for serene green escapes.
MLS® NumberAR26143019
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1972
Stories4
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatWall Furnace
A/CWall Window Units

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 1, 2026List Date
$5,790,000List Price
-End Date
Not Sold YetSold Price

For Sale

Apr 9, 2026List Date
$5,790,000List Price
  • Commute

Commute

Starting Address
Destination Address
939 W College St, Los Angeles, CA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties