1325 37th Place, Los Angeles, CA 90007
  • MLS#: 25530605 ( )
  • Street Address: 1325 37th Place
  • Viewed: 1
  • Price: $2,999,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2017
  • Bldg sqft: 0
  • Days On Market: 241
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90007
  • Provided by: Berkshire Hathaway HomeServices California Propert
  • Contact: Christopher Christopher
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Located just two blocks from the University of Southern California (USC), in the USC Patrol Zone. This modern 3 unit, 18 bedroom student housing property is priced under $167k per door, offering an exceptional investment opportunity in one of the most sought after rental markets in Los Angeles. Built in 2017, the property features contemporary finishes, spacious layouts, and in unit amenities tailored to meet the needs of today's students. Fully leased at $17,665 per month and 13.8 GRM, the property presents significant rental upside to a 10 GRM or better. A new owner can capitalize on the strong demand for quality student housing in the USC area by bringing rents up to market and maximize cash flow and returns. With its unbeatable location, modern construction, and value add opportunity, this asset is perfectly positioned for both immediate income and long term appreciation. Don't miss out on this opportunity to own a turnkey, high yield student housing properties a stones throw from USC; one of the Nations Most Esteemed Universities.
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Features
Appliances
  1. Dishwasher
  2. Microwave
Building Area Total
  1. 5355.00
Common Walls
  1. No Common Walls
Country
  1. US
Entry Location
  1. Living Room
Fireplace Features
  1. None
Heating
  1. Central
Interior Features
  1. Ceiling Fan(s)
Laundry Features
  1. Washer Included
  2. Dryer Included
Levels
  1. Two
Netoperatingincome
  1. 149834.00
Parcel Number
  1. 5040010018
Parking Features
  1. Street
  2. Gated
  3. Controlled Entrance
  4. Assigned
Postalcodeplus4
  1. 4229
Security Features
  1. Automatic Gate
Sourcesystemkey
  1. 25530605:CLAW
Tenant Pays
  1. Gas
  2. Electricity
  3. Water
Totalexpenses
  1. 62610.00
Year Built
  1. 2017
Zoning
  1. LARD2