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    1298 W 37TH Place

    Los Angeles (City), CA 90007
    • $1,955,000
    • STATUS: Closed
    • ON SITE: 124 days
    • ID#: 20560258
    Sold - 05/07/2020
    $1,955,000
    SOLD - 05/07/2020
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    2013
    County:

    School Ratings & Info

    Description

    We are pleased to present the opportunity to acquire a student housing triplex located 2 blocks west of the University of Southern California (USC) Campus.The properties sit on one 5,729 square foot parcel with 3,604 square feet of rentable space. The two separate structures include a one-story detached four-bedroom/three-bathroom single family home, built in 1908, and a two-story duplex, built in 2013, consisting of (2) non-rent controlled three-bedroom/three-bathroom units.The properties provide tenants with gated entry, gated parking with 6 covered spaces, central A/C and heat and modern appliances. The single family home includes an in-unit washer and dryer and the duplex units share a washer and dryer located in the parking garage. Both structures are individually metered for water, gas and electric with tenants paying all utilities except common area electricity. This property falls into the UPC Patrol areas, where DPS patrols the area surrounding USC 24 hours/day, 7 days/week.

    Sold by Anna Lee of Keller Williams Larchmont.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-06T21:29:21.893. 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 Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.

    www.playavistaliving.com/homes/103807601
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    1298 W 37TH Place Los Angeles (City), CA 90007

    • Price: $2,000,000
    • Status: Closed
    • Updated: 63 min ago
    • ID#: 20560258
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2013
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    We are pleased to present the opportunity to acquire a student housing triplex located 2 blocks west of the University of Southern California (USC) Campus.The properties sit on one 5,729 square foot parcel with 3,604 square feet of rentable space. The two separate structures include a one-story detached four-bedroom/three-bathroom single family home, built in 1908, and a two-story duplex, built in 2013, consisting of (2) non-rent controlled three-bedroom/three-bathroom units.The properties provide tenants with gated entry, gated parking with 6 covered spaces, central A/C and heat and modern appliances. The single family home includes an in-unit washer and dryer and the duplex units share a washer and dryer located in the parking garage. Both structures are individually metered for water, gas and electric with tenants paying all utilities except common area electricity. This property falls into the UPC Patrol areas, where DPS patrols the area surrounding USC 24 hours/day, 7 days/week.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Covered Parking YN Yes

    Property Features

    Gross Income 125424.00 Gross Multiplier 15.95 Gross Operating Income 123326.00 Laundry Income 299.00 Net Operating Income 91867.00 Other Income1 111.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 31459.00 Zoning Lard2

    Listing provided courtesy of Sevak Keshishian of Marcus & Millichap and Jeanette Monfared of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-06T21:29:21.893. 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 Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.

     
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    Playa Vista CA, 90094