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    1159 W 36Th St

    Los Angeles, CA 90007
    • $3,100,000
    • STATUS: Active
    • ON SITE: 26 days
    • ID#: 21-686162
    UPDATED: 57 min ago
    $3,100,000
    • 18
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,148
      SQFT
    • $434
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    SVN is pleased to present an opportunity to acquire 36th Street University Apartments located half a block away from USC West Campus, southwest of Downtown Los Angeles. First time on the market in over 20 years, the property consists of 9 units comprised of ALL 2 bedroom/1 bath units with an average size of ~800SF/unit and is situated on an R3 zoned lot in excess of 9,000 SF. The structure is a 2-story walkup, wood-frame stucco construction built in 1964 and includes a total of 9 parking spaces (1 space per unit). Seller had recently completed the city mandated seismic soft-story parking work and renovated unit 1 which will be delivered vacant at close of escrow. Utilities are separately metered for gas and electric, master metered for water. Roof and plumbing are in average condition. The property features an on-site laundry room with 1 washer and 1 dryer owned by Seller. Most units have some form of upgrades (ie. laminate floors, new windows, updated cabinets, bathroom vanity).

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-24T20:43:10.697. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.brandiprattrealestate.com/homes/113687919
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    1159 W 36Th St Los Angeles, CA 90007

    • Price: $3,100,000
    • Status: Active
    • Updated: 57 min ago
    • ID#: 21-686162
    18
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    7,148
    SQFT
    $434
    $/SQFT
    1964
    Built
    Neighborhood:
    Los Angeles Southwest
    County:
    Los Angeles
    Area:
    Los Angeles Southwest
    Property Description
    SVN is pleased to present an opportunity to acquire 36th Street University Apartments located half a block away from USC West Campus, southwest of Downtown Los Angeles. First time on the market in over 20 years, the property consists of 9 units comprised of ALL 2 bedroom/1 bath units with an average size of ~800SF/unit and is situated on an R3 zoned lot in excess of 9,000 SF. The structure is a 2-story walkup, wood-frame stucco construction built in 1964 and includes a total of 9 parking spaces (1 space per unit). Seller had recently completed the city mandated seismic soft-story parking work and renovated unit 1 which will be delivered vacant at close of escrow. Utilities are separately metered for gas and electric, master metered for water. Roof and plumbing are in average condition. The property features an on-site laundry room with 1 washer and 1 dryer owned by Seller. Most units have some form of upgrades (ie. laminate floors, new windows, updated cabinets, bathroom vanity).
    Exterior Features

    Lot Size Area 9047 Other Structures None Parking Garage Carport Total Parking 9

    Interior Features

    Baths Total 9.00 Cooling Wall/Window Equipment MicrowaveGarbage DisposalRange/OvenRefrigerator Heating Other

    Property Features

    Assessed Total Value 228882 Gross Income 152998 Gross Operating Income 152998 Like Units1 9 Net Operating Income 93378.00 Number Of Buildings 1 Number Of Units 9 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 59620 Type Of Units Apartment Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Daniel Baird DRE#01249675 of Sperry Van Ness.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-24T20:43:10.697. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583