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Listed by Kirk R Garabedian • Keller Williams R. E. Services
$1,350,000
Est. payment /mo
3,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $385
MLS Listing ID GD-26233908
Year Built 2021
Lot Size 6,603 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
As part of a 6-building Co-Living Apartment portfolio, 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 each unit contains 4 bedrooms and 4 bathrooms making is conducive for co-living rentals. This asset is currently fully leased and is generating $16,000 per month.
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.
This property is part of a 6-building Co-Living Apartment Portfolio collectively offered at $9,900,000.
All property information, rental figures, square footage, and financial projections are approximate and subject to buyer verification.
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.
This property is part of a 6-building Co-Living Apartment Portfolio collectively offered at $9,900,000.
All property information, rental figures, square footage, and financial projections are approximate and subject to buyer verification.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Sw
Interior
Heating Central
Laundry Common Area
Exterior
Pool None
Community Features Biking
Building
Lot Description Rectangular Lot
Sewer Public Sewer
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Nearby Locations
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John R Thompson
Broker/Owner License ID: 01200900
Broker/Owner License ID: 01200900