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    1385 W 37Th Place

    Los Angeles (City), CA 90007
    • $1,250,000
    • STATUS: Active
    • ON SITE: 135 days
    • ID#: 20666326
    $1,250,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,348
      SQFT
    • $234
      $/SQFT
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    The subject property is a rare investment opportunity for savvy investors in search of a hassle-free investment of a 5-unit building with plenty of upside potential. The building has recently been renovated; new roof, new windows, new electrical, and the city retrofit has been completed. The building is fully occupied without delinquencies. The demand for apartment units continues to increase in this neighborhood due to its proximity of USC and downtown Los Angeles. This is a perfect opportunity to own an income property close to the Banc of California Stadium, USC, the new NFL Stadium and many more!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-19T00:26:02.1. 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 Zember Realty Group. Licensed in the State of California, USA.
    www.zemberrealtygroup.com/homes/112408965
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    1385 W 37Th Place Los Angeles (City), CA 90007

    • Price: $1,250,000
    • Status: Active
    • ID#: 20666326
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    5,348
    SQFT
    $234
    $/SQFT
    1964
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    The subject property is a rare investment opportunity for savvy investors in search of a hassle-free investment of a 5-unit building with plenty of upside potential. The building has recently been renovated; new roof, new windows, new electrical, and the city retrofit has been completed. The building is fully occupied without delinquencies. The demand for apartment units continues to increase in this neighborhood due to its proximity of USC and downtown Los Angeles. This is a perfect opportunity to own an income property close to the Banc of California Stadium, USC, the new NFL Stadium and many more!
    Exterior Features

    Carport YN Yes Parking Features Attached Carport Pool Features None Pool Private YN No Spa Features None Spa YN No

    Interior Features

    Appliances DishwasherGas CooktopDisposalGas Oven Cooling Wall/Window Unit(S) Cooling YN Yes Flooring Carpet Heating Wall Furnace Heating YN Yes

    Property Features

    Gross Income 0 Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Net Operating Income 55843 Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Security GateSmoke Detector(S) Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Vacancy Allowance Rate 0 Zoning Lard1.5

    Listing provided courtesy of Joseph Bitew of Joy Abram


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-19T00:26:02.1. 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 Zember Realty Group. Licensed in the State of California, USA.
     
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    Zember Realty Group
    1125 Linda Vista Dr.
    San Marcos CA, 92078