Property listed by Keller Williams R. E. Services, Kirk Garabedian 818-298-8810
$1,500,000
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 with a total of 11 Bedrooms and private bathrooms.… Read More Currently this property is partially occupied and is generating over $15,300 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 $11,350,000.
All property information, rental figures, square footage, and financial projections are approximate and subject to buyer verification. Read Less
Listing Snapshot
Days Online
13
Last Updated
Property Type
Triplex
Square Ft.
5,917
Lot Size
0.16 Acres
Year Built
2020
MLS Number
GD26233924
Additional Details
Building
Built in 2020, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
Community
Biking
Expenses
Operating: $43,590
Heating
Central
Home Owner's Association
Association Fee: $0
Income
Gross Income: $183,600, Gross ScheduledIncome: $183,600, Net Operating Income: $140,010
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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