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    1161 W 37Th Drive

    Los Angeles (City), CA 90007
    • $2,995,000
    • STATUS: Active
    • ON SITE: 60 days
    • ID#: 21703184
    UPDATED: 47 min ago
    $2,995,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,436
      SQFT
    • $675
      $/SQFT
    Type:
    Multi-Family
    Built:
    1913
    County:

    School Ratings & Info

    Description

    We are pleased to offer for sale this six (6) unit, sixteen (16) bedroom, student housing investment opportunity, located 1 block to the University of Southern California (USC). The subject property is constructed of wood frame and stucco, built in 1913, and fully updated/remodeled throughout, with approximately 4,436 rentable square feet on a 6,951 square foot lot. The investment is comprised of three (3) separate structures, with a unit mix consisting of four (4) 3+3 units, one (1) 2+1 unit, and one (1) 2+2 unit. The Property is 100% occupied, and cash flows extremely well at $20,850/month

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-09T14:31:50.78. 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 deemed reliable but is not guaranteed accurate by the MLS or Compass. Licensed in the State of California, USA.
    www.sandiegohomesdirect.com/homes/114919701
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    1161 W 37Th Drive Los Angeles (City), CA 90007

    • Price: $2,995,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: 21703184
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    4,436
    SQFT
    $675
    $/SQFT
    1913
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    We are pleased to offer for sale this six (6) unit, sixteen (16) bedroom, student housing investment opportunity, located 1 block to the University of Southern California (USC). The subject property is constructed of wood frame and stucco, built in 1913, and fully updated/remodeled throughout, with approximately 4,436 rentable square feet on a 6,951 square foot lot. The investment is comprised of three (3) separate structures, with a unit mix consisting of four (4) 3+3 units, one (1) 2+1 unit, and one (1) 2+2 unit. The Property is 100% occupied, and cash flows extremely well at $20,850/month
    Exterior Features

    Parking Features None

    Interior Features

    Cooling Wall/Window Unit(S) Cooling YN Yes Flooring Wood Heating None Heating YN No

    Property Features

    Gross Income 250200 Laundry Features Outside Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 193224 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lard2

    Listing provided courtesy of Davis Saadian of Brc Advisors- Bh


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-09T14:31:50.78. 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 deemed reliable but is not guaranteed accurate by the MLS or Compass. Licensed in the State of California, USA.
     
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    617 Saxony Place #101
    Encinitas CA, 92024