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Listed by Kirk R Garabedian • Keller Williams R. E. Services
$1,350,000
Est. payment /mo
5,917 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,917 sqft
Price per Sqft $228
MLS Listing ID GD-26233924
Year Built 2020
Lot Size 7,003 Sqft
Property Sub-Type Triplex
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 2020-construction 3-unit residential investment property located in the desirable USC/Exposition Park area at 1329–1331½ W. 37th Place, Los Angeles, CA 90007. This property contains 3 units one unit with 4-bedrooms and 5-bathrooms and another 2 units with 3-bedroom and 5 bathrooms. Currently this property is 100% occupied and is generating over $15,000 per month.
Strategically situated within walking distance of the University of Southern California (USC), USC Village, 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 and bedroom-based rental configuration offer investors an opportunity to capitalize on the established university-area rental 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 within walking distance of the University of Southern California (USC), USC Village, 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 and bedroom-based rental configuration offer investors an opportunity to capitalize on the established university-area rental 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
Parking Features None
Pool None
Community Features Biking
Building
Lot Description Rectangular Lot
Sewer Public Sewer
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John R Thompson
Broker/Owner License ID: 01200900
Broker/Owner License ID: 01200900