1236 W 37th Place, Los Angeles, CA 90007

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List Price
$1,800,000
Price Change
▲ $300,000 1794558496
Status
ACTIVE
MLS#
GD26233908
Year Built
2021
Lot Size
6,603
Acres
0.15
Lot Location
Rectangular Lot
Days on Market
15
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

We are pleased to present a 3-unit 2021-constructed residential investment property located in the highly desirable USC/Exposition Park area at 1236–1238 W. 37th Place, Los Angeles, CA 90007. This property consists of 3-units and total of 12 Bedrooms and 13 Bathrooms. The property is currently generating $16,000 per month with room for growth. Strategically situated near the University of Southern California (USC), Exposition Park, public transportation, shopping, dining, and major employment centers, the property is well-positioned to benefit from continued demand for student-oriented and flexible residential housing. Its proximity to USC provides an attractive opportunity for investors seeking rental income from the university-area housing market. The property is built with highest in construction quality and standards. Even viewing some of the building systems from the exterior, the craftsmanship and care in construction is abundantly clear. The property also has 6 parking spaces in the rear of the property, which is accessible from the alley. Having parking in this area is extremely rare and a premium. All property information, rental figures, square footage, and financial projections are approximate and subject to buyer verification.

Additional Information

Pool Description
None
Heat
Central
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$192,000
Operating Expense
44010

Listing courtesy of Listing Agent: Kirk Garabedian (kirkg@kw.com) from Listing Office: Keller Williams R. E. Services.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.