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    1328 W 37Th Drive

    Los Angeles (City), CA 90007
    • $2,490,000
    • STATUS: Active
    • ON SITE: 59 days
    • ID#: 20623458
    $2,490,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    2020
    County:

    School Ratings & Info

    Description

    We are pleased to offer for sale this 10-bedroom + 12-bathroom Student Housing investment opportunity located at 1328 W. 37th Drive, just a short distance from the internationally renowned University of Southern California (USC). Consisting of two separate structures, these three-story buildings were constructed of wood frame and stucco on a raised foundation built in 2010 & 2020, with a square footage of 4,470 on a 7,803-square foot lot. The buildings have been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of two (2) 3+4 units, & one (1) 4+4 single family residence. This is a turn-key brand new investment and has been fully remodeled, updated, and has brand new appliances and features.The investment boasts spacious floor plans, secured gated entry, in unit laundry, eight (8) on-site parking spaces, updated copper plumbing, and double pane windows.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-24T00:30:52.613. 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 The Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/109366809
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    1328 W 37Th Drive Los Angeles (City), CA 90007

    • Price: $2,490,000
    • Status: Active
    • ID#: 20623458
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    2020
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    We are pleased to offer for sale this 10-bedroom + 12-bathroom Student Housing investment opportunity located at 1328 W. 37th Drive, just a short distance from the internationally renowned University of Southern California (USC). Consisting of two separate structures, these three-story buildings were constructed of wood frame and stucco on a raised foundation built in 2010 & 2020, with a square footage of 4,470 on a 7,803-square foot lot. The buildings have been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of two (2) 3+4 units, & one (1) 4+4 single family residence. This is a turn-key brand new investment and has been fully remodeled, updated, and has brand new appliances and features.The investment boasts spacious floor plans, secured gated entry, in unit laundry, eight (8) on-site parking spaces, updated copper plumbing, and double pane windows.
    Exterior Features

    Architectural Style Modern Lot Size Units Square Feet Parking Features CoveredCarport Parking YN Yes

    Interior Features

    Appliances BarbecueDishwasherDisposalMicrowaveRefrigerator Appliances YN Yes Heating None Heating YN No

    Property Features

    Country Us Gross Income 185820.00 Gross Multiplier 13.45 Gross Operating Income 182118.00 Net Operating Income 144303.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 37815.00 Zoning Lard2

    Listing provided courtesy of Davis Saadian of Brc Advisors- Bh


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-24T00:30:52.613. 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 The Marelly Group | Compass. Licensed in the State of California, USA.

     
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    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003