1298 W 37TH Pl

    Los Angeles, CA 90007
    • $2,000,000
    • STATUS: Active
    • ON SITE: 37 days
    • ID#: 20-560258
    UPDATED: 49 min ago
    $2,000,000
    • 10
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,604
      SQFT
    • $555
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2013
    County:

    School Ratings & Info

    Description

    We are pleased to present the opportunity to acquire a student housing triplex located 2 blocks west of the University of Southern California (USC) Campus.The properties sit on one 5,729 square foot parcel with 3,604 square feet of rentable space. The two separate structures include a one-story detached four-bedroom/three-bathroom single family home, built in 1908, and a two-story duplex, built in 2013, consisting of (2) non-rent controlled three-bedroom/three-bathroom units.The properties provide tenants with gated entry, gated parking with 6 covered spaces, central A/C and heat and modern appliances. The single family home includes an in-unit washer and dryer and the duplex units share a washer and dryer located in the parking garage. Both structures are individually metered for water, gas and electric with tenants paying all utilities except common area electricity. This property falls into the UPC Patrol areas, where DPS patrols the area surrounding USC 24 hours/day, 7 days/week.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-04-09T23:53:56.857. 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/103805569

    1298 W 37TH Pl Los Angeles, CA 90007

    • Price: $2,000,000
    • Status: Active
    • Updated: 49 min ago
    • ID#: 20-560258
    10
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,604
    SQFT
    $555
    $/SQFT
    2013
    Built
    Neighborhood:
    Los Angeles Southwest
    County:
    Los Angeles
    Area:
    Los Angeles Southwest
    Property Description
    We are pleased to present the opportunity to acquire a student housing triplex located 2 blocks west of the University of Southern California (USC) Campus.The properties sit on one 5,729 square foot parcel with 3,604 square feet of rentable space. The two separate structures include a one-story detached four-bedroom/three-bathroom single family home, built in 1908, and a two-story duplex, built in 2013, consisting of (2) non-rent controlled three-bedroom/three-bathroom units.The properties provide tenants with gated entry, gated parking with 6 covered spaces, central A/C and heat and modern appliances. The single family home includes an in-unit washer and dryer and the duplex units share a washer and dryer located in the parking garage. Both structures are individually metered for water, gas and electric with tenants paying all utilities except common area electricity. This property falls into the UPC Patrol areas, where DPS patrols the area surrounding USC 24 hours/day, 7 days/week.
    Exterior Features

    Lot Size Area 5729 Other Structures None Parking Garage Covered Parking Pool YN No Tennis YN No Total Parking 6

    Interior Features

    Baths Total 9.00 Cooling Air Conditioning Den No Dining Room No Equipment None Family Room No Heating Other

    Property Features

    Gross Income 125424 Gross Operating Income 123326 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 91867.00 Number Of Buildings 2 Number Of Units 3 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 31459 Type Of Units Standard Zoning Lard2

    Listing provided courtesy of Sevak Keshishian DRE#01887505 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-04-09T23:53:56.857. 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.
     
    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583